Welcome to our dedicated page for PesoRama news (Ticker: PSSOF), a resource for investors and traders seeking the latest updates and insights on PesoRama stock.
PesoRama Inc. (PSSOF) delivers affordable retail solutions through its JOi Dollar Stores across Mexico. This news hub provides investors and industry observers with essential updates on corporate developments, financial performance, and strategic initiatives shaping this value retail pioneer.
Access timely press releases and analysis covering earnings announcements, store expansions, merchandising innovations, and leadership updates. Our curated collection enables efficient tracking of operational milestones in Mexico's competitive discount retail sector.
Key updates include quarterly financial results, strategic partnerships, supply chain developments, and market expansion plans. All content is sourced from official corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for consolidated access to PesoRama's evolving story in value-focused retail. Regular updates provide critical insights into the company's operational execution and market positioning within North America's cross-border retail landscape.
PesoRama (PSSOF) announced the grand openings of three new JOi Dollar Plus stores: Store #29 (Roma Norte) planned for Nov 21, 2025, Store #30 (Zócalo) planned for Dec 13, 2025, and Store #31 (Parque Puebla) planned for Dec 21, 2025. Each location is a standalone or mall site with footprints of 6,340, 6,620, and 4,585 square feet respectively.
The openings extend the company's presence in Mexico City and mark its first store in Puebla. A live stream of the ribbon cutting for Store #29 will be on JOi's Instagram on Nov 21 at 3:00 PM CDMX / 4:00 PM EST (@joi.dollar.plus). Management cited a robust pipeline of high-density traffic areas for further expansion.
PesoRama (OTC: PSSOF, TSXV: PESO) announced a non-brokered LIFE Offering of up to 14,000,000 Units at $0.25 per Unit and a concurrent private placement of up to 6,000,000 Units at $0.25, for combined gross proceeds up to $5,000,000. Each Unit includes one common share and one-half warrant exercisable at $0.40 with an 18‑month term and potential acceleration on a sustained $0.60 VWAP. Closings are expected on or about November 6, 2025, subject to TSXV and other approvals. The company plans to use net proceeds for store expansion and working capital. It also completed a $131,250 shares-for-debt retirement and announced ongoing shares-for-services settlements to insiders.
PesoRama (TSXV: PESO), Mexico's only true dollar store company, reported strong Q2 Fiscal 2026 results with notable growth across key metrics. The company achieved a 20% increase in local currency sales to $6.1 million, while product gross margins improved by 3.2% to 46%.
Performance highlights include a 20.2% increase in average ticket and 5% growth in same-store sales. The company successfully opened three new stores during Q2 and secured a $6.8 million oversubscribed equity financing to support expansion plans. PesoRama now operates 28 stores across Mexico, demonstrating continued execution of its growth strategy in an underserved market.
PesoRama Inc. (TSXV: PESO), a Canadian company operating JOi Dollar Plus stores in Mexico, has announced the upcoming opening of two new locations in Mexico City. Store #29, a 6,340 square feet standalone site in the affluent Roma Norte neighborhood, will be positioned in front of the Durango Metrobús station. Store #30, spanning 6,620 square feet, will mark the company's first location in downtown Mexico City, situated 1 km from the iconic Zócalo main square.
Both stores are targeted to open in November 2025. CEO Rahim Bhaloo highlighted that these openings represent an important expansion step, with plans for additional stores in high-density traffic areas to drive continued growth.
PesoRama (TSXV: PESO), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, has announced two key corporate actions. The company has granted 10,400,000 incentive stock options at an exercise price of $0.23 per share to directors, officers, and employees, with a five-year exercise period.
Additionally, PesoRama will issue 656,250 common shares at $0.20 per share as part of a debt settlement worth $131,250 with certain directors. This related party transaction is subject to regulatory approvals and includes a four-month statutory hold period. The company is utilizing exemptions from formal valuation and minority shareholder approval requirements under MI 61-101.
PesoRama Inc. (TSXV: PESO), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, has announced the grand opening of its 28th store on July 24th, 2025. The new location spans 502 square meters in Mexico City's Agrícola Oriental neighborhood.
The store is strategically positioned within the Hospital de la Luz complex, opposite a subway station, 12.6 kilometers from downtown Mexico City. The location was chosen for its established commercial activity and high foot traffic. The opening celebration will be livestreamed on the company's Instagram page @joi.dollar.plus at 5:00 PM CDMX / 7:00 PM EST.
PesoRama (OTC:PSSOF), a Canadian company operating dollar stores in Mexico under the JOI DOLLAR PLUS brand, has successfully closed its equity financing with gross proceeds of $6.8 million. The company sold 45,351,166 units at $0.15 per unit, with each unit comprising one common share and one purchase warrant.
The warrants are exercisable at $0.30 per share for 24 months from September 7, 2025, with an acceleration clause if the stock trades above $0.50 for ten consecutive days. The offering included 33.3 million units under LIFE exemption and 12 million units through private placements. The company paid $334,853 in cash commissions and issued 2.2 million finder warrants.
PesoRama (OTC:PSSOF), a Canadian company operating dollar stores in Mexico under the JOI DOLLAR PLUS brand, has announced an increase in its equity offering from $5 million to $6.8 million due to strong investor demand.
The expanded offering consists of the original LIFE offering plus a concurrent non-brokered private placement of up to 12 million units at $0.15 per unit. Each unit includes one common share and one warrant exercisable at $0.30 per share for 24 months. The company plans to use the proceeds for store expansion and working capital.
The offerings are expected to close around July 9, 2025, subject to regulatory approvals including TSXV approval.
PesoRama (TSXV: PESO), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus Stores brand, reported mixed Q1 2026 financial results. While total sales in Canadian dollars decreased by 4% to $5.53 million, local currency (MXN) sales grew by 10% year-over-year. The company maintained stable gross profit at $1.94 million, with product gross margins improving slightly to 46.3%.
Notable metrics include a 19.3% increase in average ticket and 2% growth in same-store sales. The company expanded its presence with two new store openings (#26 and #27) and announced a $5 million non-brokered LIFE Offering to fund continued store expansion and working capital needs.