PesoRama Announces Grand Opening of Stores #38, #39, and #40

• PesoRama Inc. announced the grand opening of three new retail stores (#38, #39, and #40) under its JOi Dollar Plus brand in Mexico.
• Store count increases from 35 to 40 locations with openings scheduled for June 2026.
• New locations target high-traffic areas: Xochimilco (Mexico City), Valle de Bravo, and ETRAM Azteca (Ecatepec transportation hub).
• CEO Rahim Bhaloo states the company has identified a robust pipeline of high-density traffic areas for continued growth.
• This follows the April 2026 private placement closing which raised $10 million specifically earmarked for store expansion.

• The news confirms execution of the capital raise announced in April 2026 ($10M gross proceeds).
• Store openings are incremental and expected given the financing timeline; they do not represent a sudden shift in strategy or unexpected catalyst.
• Stock price has already rallied significantly from $0.14 (May 2025) to $0.74 (May 2026), pricing in much of this expansion growth.
• No new financial metrics (sales per store, EBITDA) are provided in this release to validate the profitability of these specific locations immediately.
• Impact is positive but routine as it aligns with previously disclosed use of proceeds and strategic roadmap.

• Company: PesoRama Inc., operating under the "JOi Dollar Plus" brand in Mexico.
• Flagship Project: Expansion of value retail network across high-density areas in Mexico City and surrounding states (State of Mexico, Puebla).
• Market Opportunity: Management estimates capacity for 10,000 to 13,000 dollar store locations nationally in Mexico.
• Product Offering: Household goods, pet supplies, seasonal products, health/beauty, snacks, confectionery.
• Operational Footprint: 40 stores as of May 2026 (up from 35).