PesoRama Inc. (TSXV: PESO | OTC: PSSOF | FSE: ZE6), a Canadian company operating dollar stores in Mexico under the JOi DOLLAR PLUS brand, has announced a bought deal public offering of 41,667,000 common shares priced at C$0.60 per share, targeting gross proceeds of C$25,000,200. Lead underwriter Canaccord Genuity Corp. is acting as sole bookrunner on behalf of a syndicate of underwriters. The offering is anticipated to close on or about October 14, 2026, subject to regulatory approvals including that of the TSX Venture Exchange. Proceeds are earmarked for continued store expansion across Mexico and general working capital.

Key Points

  • PesoRama Inc. (TSXV: PESO | OTC: PSSOF | FSE: ZE6) — Canadian-listed Mexican value retailer
  • Bought deal public offering of 41,667,000 common shares at C$0.60 per share for gross proceeds of C$25,000,200
  • Over-allotment option of up to 15% of offered shares exercisable within 30 days of closing; anticipated closing date on or about October 14, 2026
  • Investors will be watching whether TSXV approval is granted and how proceeds accelerate JOi DOLLAR PLUS store growth

Bought Deal Structure and Underwriter Compensation

The offering is structured as a bought deal, with Canaccord Genuity Corp. serving as lead underwriter and sole bookrunner. PesoRama has agreed to pay the underwriters a cash commission equal to 6% of gross proceeds. Additionally, the company will issue compensation warrants equalling 6% of shares sold under the offering, each exercisable for 24 months following the closing date at the C$0.60 offering price. A reduced commission applies to shares sold to purchasers on a president's list, the release states. The offering will be made in all Canadian provinces except Quebec.

Over-Allotment Option Adds Potential Upside to Gross Proceeds

PesoRama has granted underwriters an over-allotment option exercisable in whole or in part within 30 days of closing. The option covers up to 15% of the number of offered shares issued under the offering, at the same C$0.60 offering price. If fully exercised, the option would increase total gross proceeds beyond the announced C$25,000,200 figure. The company did not disclose the precise maximum proceeds assuming full exercise in the announcement. Closing remains subject to conditions including receipt of all necessary regulatory and other approvals.

JOi DOLLAR PLUS Chain Expansion Is the Stated Priority for Proceeds

PesoRama operates a chain of value retail stores in Mexico under its JOi DOLLAR PLUS brand, offering everyday household products, seasonal goods, and pet supplies. The company's stated mission is to become Mexico's premier dollar store chain, targeting more than 500 locations nationally. Net proceeds from this offering are expected to fund continued store expansion alongside general working capital requirements. The prospectus supplement, to be filed within two business days under the company's short form base shelf prospectus dated September 23, 2026, will contain additional material details about the offering.