Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • PesoRama (PESO) has upsized its private placement offering for gross proceeds of up to $2,750,000
  • The company will issue up to 18,333,333 units at $0.15 per unit
  • PesoRama operates as Mexico’s only dollar store retailer under the JOi Canadian Stores brand
  • PesoRama Inc. (PESO) opened trading at C$0.135

PesoRama (PESO) has upsized its previously-announced private placement offering for gross proceeds of up to $2,750,000.

Driven by high investor demand, the company will now issue up to 18,333,333 units at $0.15 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.30 for a period of three years.

Warrants are subject to an acceleration clause.

PesoRama, operating under the JOi Dollar Plus brand, is a Mexican value dollar store retailer. PesoRama launched operations in 2019 in Mexico City and the surrounding areas targeting high-density, high-traffic locations. PesoRama’s 21 stores offer household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery and more.

Pesorama Inc. (PESO) opened trading at C$0.135.


More From The Market Herald

" Ayr Wellness (CSE:AYR.A) terminates proposed $55M Dispensary 33 deal

Ayr Wellness Inc. (AYR.A) has terminated its proposed acquisition of Dispensary 33 and certain of its affiliates for two dispensaries in Chicago, Illinois.
Curaleaf Holdings Inc. - CEO, Matt Darin.

" Curaleaf (CSE:CURA) opening adult-use dispensary in Connecticut

Curaleaf Holdings (CURA) has received approval from the Connecticut Department of Consumer Protection to begin adult-use sales at its Stamford, Connecticut location.

" Vizsla Silver (TSXV:VZLA) announces $34 million brokered private placement

Vizsla Silver Corp. (VZLA) has announced a private placement for gross proceeds of $34,006,500.

" Azincourt Energy (TSXV:AAZ) announces private placement

Azincourt Energy (AAZ) has announced a non-brokered private placement for gross proceeds of up to $500,000.