PesoRama to Raise up to CA$25 Million Through a Bought-Deal Share Offering

MT newswire2026/10/05 20:30

04:30 PM EDT, 10/05/2026 (MT Newswires) -- PesoRama (PESO.V) plans to raise up to CA$25 million through a bought-deal public offering of shares, the company said on Monday. PesoRama is selling underwriters 41.7-million shares priced at CA$0.60 each. The underwriters have also been granted a 15% over-allotment option. Proceeds will be used to expand PesoRama's JOi Dollar Plus store chain across Mexico, and for general working capital purposes, a statement said. The offering is expected to close on Oct. 14. PesoRama shares closed up CA$0.01 to CA$0.66 on the TSX Venture Exchange.

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