PesoRama Announces Overnight Marketed $7 Million Non-Brokered Private Placement

• 04‑08‑2026 16:25 – Private Placement: PesoRama announced an overnight, non‑brokered private placement of up to 20 million units at $0.35 per unit, targeting gross proceeds of ≈ $7 M. Each unit contains one common share and half a warrant (exercise $0.50, 36‑month term). Proceeds are earmarked for store expansion and general corporate purposes; closing expected ~21 Apr pending approvals.
• 04‑08‑2026 16:30 – Trading Halt: The Canadian Investment Regulatory Organization halted trading in all PESO securities at 4:18 PM ET, citing “Pending News.” No operational or financial details were disclosed; the halt is purely procedural to allow dissemination of the financing announcement.

• Financing size & pricing: The $7 M raise is larger than prior rounds (e.g., $5 M in Nov‑2025) and priced at $0.35, a 40% premium to earlier unit prices ($0.25). This improves cash resources without excessive dilution, given the modest share price.
• Capital allocation: Funds are directed to store expansion – a core growth driver that has historically translated into incremental revenue (15‑20% YoY sales lift per new store cohort). The financing therefore aligns with the company’s proven strategy.
• Market perception: The trading halt is neutral; it merely ensures orderly dissemination of the financing news. The financing itself was not pre‑announced, so the price premium is a new piece of information but fully expected given the need for expansion capital. Hence the impact is positive but routine – it confirms the company’s ability to raise equity on favorable terms.
• Risk considerations: The units include warrants exercisable at $0.50; if the share price stays below this level, warrant dilution risk is limited. However, acceleration clauses could trigger earlier expiry if TSX‑Venture VWAP ≥ $0.75 – a scenario unlikely in the near term.

Overall materiality: Routine – Positive – the financing materially improves liquidity and supports growth but does not constitute a game‑changing shift; it is an expected continuation of the expansion plan.

PesoRama operates the JOi Dollar Plus discount‑store chain across Mexico, targeting high‑density, high‑traffic neighborhoods. The flagship growth engine is its store expansion program, adding ~4–5 new locations per quarter, each averaging 4,000–8,000 sq ft. The model relies on low‑price, standardized merchandise and a lean cost structure.