04:27 PM EDT, 09/03/2025 (MT Newswires) -- PharmaCorp Rx (PCRX.V) on Wednesday said it agreed to acquire two Western Canadian pharmacies for $3.4 million.

The company said the both are PharmaChoice Canada bannered pharmacies, as are the four pharmacies it currently owns. It said 75% of the purchase price will be paid in cash on hand and 25% by issuing shares. One of the two acquisitions includes a building and land.

"These transactions reflect our ability to originate, negotiate, and close accretive acquisitions. They underscore our internal capacity to convert opportunities from the strategic alliance with PharmaChoice Canada into tangible growth," said executive chairman Alan Simpson.

PharmaCorp RX shares closed up $0.01 to $0.49 on the TSX Venture Exchange.