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. operates dollar stores in Mexico under the JOi Dollar Plus brand. Company news centers on new store openings, retail footprint expansion in high-traffic commercial areas, and operating updates tied to Mexico's value retail market. Updates also include capital-structure actions such as private placements and warrants, along with finance leadership, reporting, treasury, and governance-related changes.
PesoRama (TSXV:PESO, OTC:PSSOF) plans to open three new JOi Dollar Plus stores in Mexico in July 2026, bringing the network to 43 locations.
Store #41 in Cholula (7,104 sq. ft.), #42 in Grand Outlet Cuernavaca (3,660 sq. ft.), and #43 in Galerías San Juan del Río (6,351 sq. ft.) target high-traffic retail destinations.
PesoRama also engaged Atrium Research for 12 months of company-sponsored research and interviews, at $10,500 per quarter, subject to TSXV approval.
PesoRama (OTC Pink:PSSOF, TSXV:PESO) received final TSX Venture Exchange approval to list its 9.0% senior unsecured convertible debentures (the “Debentures”).
Trading is expected to begin on or about July 3, 2026 under symbol PESO.DB. The Debentures mature on June 18, 2029, pay 9.0% annual interest semi-annually, and are convertible into common shares.
PesoRama (PSSOF) reported strong Q1 Fiscal 2027 results for the quarter ended April 30, 2026. Total sales rose 36% to $7,510,250 and gross profit increased 21% to $2,527,806, with average traffic up 19%.
The company opened four new JOi Dollar Plus stores, reaching 35 locations by quarter-end, closed an oversubscribed $10.0 million private placement, and later completed a $21.0 million senior unsecured convertible debenture offering used to repay senior debt while adding more stores.
PesoRama (OTC:PSSOF) closed a marketed public offering of 21,000 senior unsecured convertible debentures for gross proceeds of C$21 million, maturing June 18, 2029.
The 9% debentures convert at C$0.91 per share, and net proceeds will be used to repay outstanding senior debt.
PesoRama (OTC: PSSOF; TSXV: PESO) filed and received a receipt for a final short form prospectus for an oversubscribed, best-efforts public offering of convertible debentures totaling $21.0 million in gross proceeds.
Closing is expected on or about June 18, 2026, with TSX Venture Exchange conditional approval for listing, subject to customary conditions. The prospectus is accessible on SEDAR+ and from Canaccord Genuity.
PesoRama (PSSOF), which operates JOi Dollar Plus stores in Mexico, reported FY 2026 results for the year ended January 31, 2026.
Total sales rose 14% to $26.7 million, gross profit increased 15% to $9.9 million, product gross margin improved to 45.6%, and same store sales grew 5.2%.
The store network expanded by 24% with six openings, including the first Puebla location, and the company raised $21.8 million in oversubscribed equity financings to support its growth strategy.
PesoRama (OTC:PSSOF), operator of JOi Dollar Plus Stores in Mexico, reported FY 2026 results for the year ended January 31, 2026.
Total sales rose 14% to $26.7 million, gross profit grew 15% to $9.9 million, and product gross margins increased 1.2% to 45.6%. Same store sales grew 5.2% and average ticket increased 12.8%. The company opened six new stores, expanding its network by 24% to 31 locations and entering Puebla. PesoRama also raised $21.8 million in oversubscribed equity financings to support expansion and working capital.
PesoRama (PSSOF) plans to open three new JOi Dollar Plus stores in June 2026, bringing its network to 40 locations in Mexico.
New stores in Xochimilco, Valle de Bravo, and ETRAM Azteca feature 4,252–7,653 sq. ft. formats and high-traffic, high-visibility sites.
PesoRama (OTC: PSSOF) closed an over‑subscribed non‑brokered private placement issuing 28,710,003 units at $0.35 per unit for aggregate gross proceeds of $10,048,501 on April 23, 2026. Each unit includes one common share and one half warrant exercisable at $0.50 for 36 months. Proceeds are earmarked for store expansion and general corporate purposes. The company paid aggregate cash finder's fees of $409,254. Securities are subject to a statutory hold period of four months plus one day and closing remains subject to TSXV final approval.
PesoRama (TSXV: PSSOF) will open two new JOi Dollar Plus stores in May: Store #36 (5,059 sq ft) in Tecámac, State of Mexico, and Store #37 (6,027 sq ft) in Naucalpan, State of Mexico.
Both sites sit in high-traffic shopping centers near Mexico City and aim to broaden retail accessibility for Mexican consumers.