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 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.
PesoRama Inc (TSXV: PESO) has announced the grand opening of its 26th JOi Dollar Plus store in Mexico, scheduled for April 26th, 2025. The new location spans 406 square meters and is situated in the City Shops del Valle mall, approximately 14.9 kilometers from Mexico City's center.
The Del Valle neighbourhood is strategically chosen for its established commercial activity and higher-income demographic. The store opening celebration will feature a live-streamed ribbon-cutting ceremony on the company's Instagram page (@joi.dollar.plus) at 2:00 PM CDMX / 4:00 PM EST.
CEO & Chairman Rahim Bhaloo emphasized that this expansion enhances accessibility for Mexican consumers and indicated plans for additional locations in high-density areas to support continued growth.
PesoRama (TSXV: PESO) has announced the upcoming opening of three new JOi Dollar Plus stores in Mexico City, expanding its retail footprint to 28 locations. The strategic expansion includes:
- Store #26: A 406 square meter location in City Shops del Valle mall, targeting higher-income residents, opening in April 2025
- Store #27: A 481 square meter store in Patio Martín Carrera mall, near a modal transfer centre, opening in May 2025
- Store #28: A standalone 513 square meter location near a busy subway station in Agrícola Oriental, part of the Hospital de la Luz complex, opening in June 2025
The expansion strengthens PesoRama's presence in key urban areas, focusing on locations with high foot traffic and diverse consumer needs.
PesoRama Inc. (TSXV: PESO), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, has announced the cross listing of its common shares on the Frankfurt Stock Exchange (FSE) under the symbol 'ZE6'. The FSE, being the largest of Germany's seven stock exchanges, will complement PesoRama's existing TSXV listing.
The company expects this strategic move to enhance liquidity, broaden its shareholder base, and facilitate advanced electronic trading and settlement. CEO Rahim Bhaloo expressed optimism about the cross listing's potential to attract additional investors and support the company's growth.