PesoRama Raises Around CA$28.4 Million Through a Bought Deal Offering

10:25 AM EDT, 10/14/2026 (MT Newswires) -- PesoRama (PESO.V) closed its bought deal offering raising gross proceeds of approximately CA$28.4 million, which included the partial exercise of the over-allotment option, it said Wednesday. The company sold around 47.3 million of its shares at a price of CA$0.60 each, it said. The offering was conducted by Canaccord Genuity Corp, acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters, said the company. The common shares have been conditionally approved for listing on the TSX Venture Exchange, said the company. The company plans to use the net proceeds to fund its growth initiative, and for working capital and general corporate purposes, it added. The company's shares were last seen unchanged at CA$0.59 on the TSX Venture Exchange.