07:34 AM EDT, 08/18/2025 (MT Newswires) -- SRx Health Solutions ( SRXH ) said Monday that it has signed a non-binding agreement to acquire all assets of Royal Uranium, a uranium royalty firm with interests in Canada, Colombia, Argentina, and Namibia.
The company said the deal is subject to final agreements and standard closing conditions.
After the acquisition, SRx Health said it plans to change its name and ticker symbol to reflect a new focus on energy royalties, especially in uranium, a key resource for meeting growing power demands from AI and data centers.
The deal includes 18 uranium royalty assets tied to major development projects in the Americas, SRx Health said.
Shares of the company fell more than 11% in recent premarket activity Monday.