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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 (OTC: PSSOF) announced the final closing of its equity offering for gross proceeds of $5,000,000 on November 28, 2025. The Company issued 20,000,000 Units at $0.25 per Unit; each Unit includes one common share and one warrant exercisable at $0.40 for 18 months from January 27, 2026. An aggregate of 6,000,000 Units were sold in this final closing to accredited investors for $1,500,000, following a first closing of 14,000,000 Units announced November 21, 2025.
The Company will pay up to $105,000 in cash commissions and issue up to 420,000 finder warrants. Net proceeds are intended for store expansion and working capital. The offering remains subject to final TSXV approval. The company disclosed that insiders subscribed for 400,000 Units and relied on MI 61-101 exemptions.
PesoRama (OTC: PSSOF) announced a first closing of its previously announced equity offering, raising $3,500,000 by issuing 14,000,000 Units at $0.25 per Unit on November 21, 2025.
Each Unit includes one common share and one warrant exercisable at $0.40 for 18 months from January 20, 2026; warrants may be accelerated if the 10-day VWAP reaches $0.60. The company paid a $210,000 cash commission and issued 840,000 finder warrants exercisable into Units at $0.25 until May 21, 2027.
Proceeds are intended for store expansion and working capital, the financing is under the LIFE exemption, and the offering remains subject to final TSXV approval.
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.