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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 (PSSOF) plans to open three new JOi Dollar Plus stores, #47, #48 and #49, in September 2026 in Mexico. Store #47 will be a 4,058 sq. ft. location in Parque Las Antenas in Iztapalapa, eastern Mexico City. Store #48 will be a 4,004 sq. ft. store in Parque Tezontle, another major eastern Mexico City mall. Store #49 will be a 4,811 sq. ft. store in Plaza Coacalco in the State of Mexico, bringing the network from 45 to 49 stores.
PesoRama (TSXV: PESO, OTCQX: PSSOF), a Canadian company operating JOi Dollar Plus value dollar stores in Mexico, has qualified to trade on the OTCQX Best Market, upgrading from the Pink Limited Market. Shares begin trading on OTCQX under the symbol PSSOF, with U.S. investors gaining access to current financial disclosure and real-time Level 2 quotes via otcmarkets.com.
PesoRama operates 43 corporately owned stores across Mexico City and five surrounding states (with plans to reach 46), offering more than 20 merchandise categories for cost-conscious consumers. According to PesoRama, the OTCQX listing supports efforts to broaden its U.S. shareholder base while it continues store expansion and brand development.
PesoRama (OTCQB: PSSOF, TSXV: PESO) announced the upcoming August 2026 openings of three JOi Dollar Plus stores in Mexico: Store #44 (3,767 sq. ft.) in Parque Vía Vallejo, Mexico City; Store #45 (4,435 sq. ft.) in Centro Tepozán, Los Reyes La Paz; and Store #46 (4,639 sq. ft.) in Cruz del Sur, Puebla City.
According to the company, these locations are positioned in high-density, high-traffic commercial corridors and shopping centers, and will increase the network from 42 to 46 stores, including four stores in the state of Puebla.
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.