PesoRama closes $28.4M share offering on TSX Venture Exchange

PesoRama Inc. (TSXV: PESO) (OTCQX: PSSOF) has closed a bought deal public offering, selling 47,276,550 common shares at $0.60 per share for gross proceeds of approximately $28.4 million, including a partial exercise of the over-allotment option.

Canaccord Genuity Corp. acted as lead underwriter and sole bookrunner, with Desjardins Capital Markets as part of the underwriting syndicate. The underwriters received a cash commission equal to 6% of gross proceeds, along with compensation warrants to acquire common shares equal to 6% of the shares sold, exercisable at $0.60 per share until October 14, 2028.

The shares were qualified for distribution under a prospectus supplement dated October 7, 2026, filed in Canadian provinces excluding Quebec. Shares were also sold in the United States on a private placement basis under an exemption from registration requirements of the U.S. Securities Act of 1933.

PesoRama said it intends to use the net proceeds to fund store openings and capital expenditures, as well as for working capital and general corporate purposes. The company operates dollar stores in Mexico under the JOi DOLLAR PLUS brand.

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