PesoRama Announces Proposed Debt Settlement
Toronto, Ontario--(Newsfile Corp. - July 4, 2023) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, it has agreed to settle an aggregate of $546,191 of indebtedness owed to certain non-arm's length creditors of the Company through the issuance of an aggregate of 2,482,684 common shares ("Common Shares") of the Company at a deemed price of $0.22 per Common Share (the "Debt Settlement"). The Debt...
2023-07-04 9:10 AM EDT
PesoRama Reports Q1 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, today announced its financial results for the first quarter ended April 30, 2023 ("Q1 2023"). All financial figures are in Canadian dollars unless other
2023-06-28 4:59 PM EDT
RETRANSMISSION: PesoRama Inc. Announces $20 Million Senior Secured Credit Facility for Expansion
Toronto, Ontario--(Newsfile Corp. - June 12, 2023) - PesoRama Inc. (TSXV: PESO) (OTCQB: PSSOF) ("PesoRama" or the "Company") is pleased to announce that, today, it has entered into a binding senior secured revolving credit facility (the "Loan Agreement") for up to $20M (the "Loan") with Third Eye Capital Corporation (the "Agent") on behalf of certain lenders (the "Lenders"). The Loan will support the Company's continued expansion through the construction of new JOi Dollar Plus Stores in...
2023-06-12 10:01 AM EDT
PesoRama Inc. Announces $20 Million Senior Secured Credit Facility for Expansion
Toronto, Ontario--(Newsfile Corp. - June 9, 2023) - PesoRama Inc. (TSXV: PESO) (OTCQB: PSSOF) ("PesoRama" or the "Company") is pleased to announce that, today, it has entered into a binding senior secured revolving credit facility (the "Loan Agreement") for up to $20M (the "Loan") with Third Eye Capital Corporation (the "Agent") on behalf of certain lenders (the "Lenders"). The Loan will support the Company's continued expansion through the construction of new JOi Dollar Plus Stores in Mexico...
2023-06-09 2:19 PM EDT
PesoRama Announces U.S. Listing on QTCQB Under the Symbol "PSSOF"
Toronto, Ontario--(Newsfile Corp. - February 28, 2023) - Pesorama Inc. (TSXV: PESO) (OTCQB: PSSOF) ("PesoRama" or the "Company") is pleased to announce that it has been approved to commence trading in the USA on the OTCQB® Venture Market (the "OTCQB") beginning today, February 28, 2023, under the symbol "PSSOF". Quotes for the Company's US symbol will be available once the Company's common shares commences trading today on the OTCQB at www.otcmarkets.com/stock/PSSOF/quote. The OTCQB, operated...
2023-02-28 4:30 PM EST
PesoRama Announces Closing of Over-Subscribed Private Placement
Toronto, Ontario--(Newsfile Corp. - January 23, 2023) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company") is pleased to announce that further to its news releases of December 8, 2022, December 15, 2022, and January 20, 2023, the Company has completed the second and final tranche of its previously announced non-brokered private placement (the "Offering") through the issuance of an aggregate of 11,820,931 units ("Units") of the Company at a price of $0.15 per Unit for gross proceeds of...
2023-01-23 6:30 PM EST
PesoRama Announces Upsizing to Offering Due to Investor Demand
Toronto, Ontario--(Newsfile Corp. - January 20, 2023) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company") is pleased to announce that further to its news releases of December 8, 2022, December 15, 2022 and January 3, 2023, the Company has increased their private placement offering (the "Offering") from a private placement of up to 13,333,333 units (the "Units") at a price of $0.15 per Unit for gross proceeds of up to $2,000,000 to a private placement of up to 18,333,333 units (the...
2023-01-20 7:00 AM EST
PesoRama Announces Closing of First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - January 3, 2023) - Pesorama Inc. (TSXV: PESO) ("PesoRama" or the "Company") is pleased to announce that further to its news releases of December 8, 2022 and December 15, 2022, the Company has completed the first tranche of its previously announced non-brokered private placement through the issuance of an aggregate of 5,939,333 units ("Units") of the Company at a price of $0.15 per Unit for gross proceeds of $890,899.95 (the "Offering") and also received...
2023-01-03 4:01 PM EST
PesoRama Reports Q3 2022 Financial Results
Toronto, Ontario--(Newsfile Corp. - December 28, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, today announced its financial results for the third quarter ended October 31, 2022 ("Q3 2022"). All financial figures are in Canadian dollars unless otherwise noted. "A
2022-12-28 4:15 PM EST
PesoRama Provides Corporate Update and Announces Pricing for $2M Private Placement
Toronto, Ontario--(Newsfile Corp. - December 15, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in the Mexico City Metropolitan Area under the JOi Dollar Plus brand, is pleased to provide a corporate update. Corporate Update Erica Fattore, President & CEO of PesoRama provided the following operational and financial update: Dear PesoRama Shareholders, As you can imagine, the holiday season is a busy time of the year for our Company,...
2022-12-15 6:02 PM EST
PesoRama Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - December 8, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $2,000,000 through the issuance of units in the capital of the Company (the "Units") at a price per Unit to be determined in the market (the "Offering"). Each Unit will be...
2022-12-08 5:00 PM EST
PesoRama Celebrates Grand Opening of Store #21 on December 10th in Power Center San Marcos Near Mexico City
Toronto, Ontario--(Newsfile Corp. - December 7, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, today announces the upcoming grand opening of store #21 on December 10th in the bustling Jardines de la Hacienda neighborhood of San Marcos, one of the most prominent middle-class reg
2022-12-07 7:45 AM EST
PesoRama Announces Construction of 21st Store
Toronto, Ontario--(Newsfile Corp. - November 3, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, today announced that the Company's 21st store in Mexico is under construction. This new store is situated in the bustling Jardines de la Hacienda neighbourhoo
2022-11-03 7:45 AM EDT
PesoRama Announces Marketed Offering
Toronto, Ontario--(Newsfile Corp. - October 7, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, announces it has filed a preliminary short form prospectus in connection with a marketed public offering (the "Offering") of units (the "Units") to be led by Canaccord Genuity Corp. ("Canaccord") as sole bookrunner and together with Richardson Wealth Limited ("Richardson") and Cormark...
2022-10-07 4:45 PM EDT
PesoRama Reports Q2 2022 Financial Results
Toronto, Ontario--(Newsfile Corp. - October 3, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, today announced its financial results for the three months ended July 31, 2022 ("Q2 2022"). All financial figures are in Canadian dollars unless otherwise noted: Key Financial and Operational Highlights Multi-price points continue to lead to increased product assortment and increased growth of...
2022-10-03 7:45 AM EDT
PesoRama to Host Investor Webcast with a LIVE Broadcast from Cuemenco Location in Mexico City on September 13th
Toronto, Ontario--(Newsfile Corp. - September 7, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus ("JOi") brand, today announced that it will host a LIVE investor webcast from its new store front location in Cuemanco - a burgeoning business hub in southern Mexico City, on Tuesday, September 13, 2022, at 2:00 PM ET. During the webcast, Erica Fattore, President and CEO, will lead an interactive store...
2022-09-07 7:45 AM EDT
PesoRama Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - August 4, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores ("JOi") brand, today announced an update on its business and operating outlook. Corporate Update Multi-Price Points to Enhance Product Mix and Value The Company continues to implement its shift from selling items at only one price point to a multi-price sales model. In order to add increased...
2022-08-04 7:45 AM EDT
PesoRama Reports Q1 2022 Financial Results
Toronto, Ontario--(Newsfile Corp. - July 5, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, today announced its financial results for the three months ended April 30, 2022 ("Q1 2022"). All financial figures are in Canadian dollars unless otherwise noted: Key Financial and Operational Highlights PesoRama continues to experience growth in its stores and sales, with two key store openings...
2022-07-05 7:45 AM EDT
PesoRama Provides Growth Strategy and Updates
Toronto, Ontario--(Newsfile Corp. - June 14, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, is pleased
2022-06-14 4:30 PM EDT
PesoRama Celebrates Grand Opening of 20th Store in Cuemanco, Mexico
Toronto, Ontario--(Newsfile Corp. - May 5, 2022) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Canadian Stores brand, today announces the grand opening of its 20th store in Mexico. This new store is PesoRama's first street front location and is situated in Cuemanco, a burgeoning business hub in southern Mexico City, with a mix of large and small retailers, entertainment and dining options. "Today is a day of...
2022-05-05 7:45 AM EDT