Proton Capital Announces Completion of Qualifying

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Proton Capital Announces Completion of Qualifying
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REGINA, Saskatchewan, June 06, 2024 — PROTON CAPITAL CORP. , is pleased to announce that, further to its news releases dated April 20, 2023, July 26, 2023, August 31, 2023, October 10, 2023, January 22, 2024, February 21, 2024, March 22, 2024 and May 27, 2024, it has completed: the acquisition of ‎75% of the outstanding shares of Saskatoon Family Pharmacy Ltd.

In connection with the closing of the first tranche of the Offering, the Corporation issued 51,994,146 common shares at a price of $0.40 per share for gross proceeds to the Corporation of $20,797,658.40, before deducting the agent’s fees and estimated offering expenses. The Offering is being conducted by iA Private Wealth Inc. ‎as the exclusive agent on a “best efforts” basis. The Agent received a cash commission in the amount of $761,253.

The Corporation intends to complete the name change to ‎“PharmaCorp Rx Inc.” ‎immediately following the closing of the final tranche of the Offering. Following the name change, common share certificates bearing the name “Proton Capital Corp.” will continue to be valid in settlement of trades and will only be replaced with certificates bearing the new name upon transfer.

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