le 20 octobre/October 2023

	Pharmadrug Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every seven (7) pre-consolidated common shares.

	As a result, the outstanding shares of the company will be reduced to approximately 51,518,049 common shares.

	The name and symbol will not change.

	Please note that all open orders will be canceled at the close of business on October 23, 2023. Dealers are reminded to re-enter their orders taking into account the share consolidation.

	_______________________

	Pharmadrug Inc. a annoncé une consolidation de ses actions ordinaires émises et en circulation sur la base d'une (1) action ordinaire post-consolidée pour sept (7) actions ordinaires pré-consolidées.

	En conséquence, les actions en circulation de la société seront réduites à environ 51 518 049 actions ordinaires.

	Le nom et le symbole ne changeront pas.

	Veuillez noter que toutes les commandes en cours seront annulées à la fermeture des bureaux le 23 octobre 2023. Nous rappelons aux concessionnaires de ressaisir leurs commandes en tenant compte du regroupement des actions.
<table border="1" cellpadding="1" cellspacing="1" >
<tbody>
<tr>
<td>
				Trading&nbsp;on&nbsp;a Consolidated Basis/Négociation&nbsp;sur une Base&nbsp;Consolidée&nbsp;:</td>
<td>
				le 24 OCT 2023</td>
</tr>
<tr>
<td>
				Record Date/Date&nbsp;d’Enregistrement&nbsp;:</td>
<td>
				le 25 OCT 2023</td>
</tr>
<tr>
<td>
				Anticipated Payment Date/Date&nbsp;de&nbsp;Paiement&nbsp;Prévue&nbsp;:</td>
<td>
				le 25 OCT 2023</td>
</tr>
<tr>
<td>
				Symbol/Symbole&nbsp;:</td>
<td>
				PHRX</td>
</tr>
<tr>
<td >
				NEW/NOUVEAU&nbsp;CUSIP&nbsp;:</td>
<td>
				71716W 20 4</td>
</tr>
<tr>
<td>
				NEW/NOUVEAU ISIN :</td>
<td>
				CA 71716W 20 4 0</td>
</tr>
<tr>
<td>
				Old/Vieux&nbsp;CUSIP&nbsp;&amp;&nbsp;ISIN&nbsp;:</td>
<td>
				71716W105/CA71716W1059</td>
</tr>
</tbody>
</table>

	If you have any questions or require further information please contact Listings at&nbsp;(416) 367-7340&nbsp;or E-mail:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>

	Pour toute question ou information complémentaire, veuillez contacter Listings au 416 367-7340 ou par courriel à:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>

Pharmadrug Inc.

2023-1038 – Consolidation - Pharmadrug Inc. (PHRX)

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