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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 (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.
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.