Pesorama Announces TSXV's Final Approval For Equity Financing
The Company wishes to announce the following clarifications from the previous news releases:
The First Tranche News Release and the Second Tranche News Release incorrectly stated that each Unit issued under the equity financing was comprised of one common share of the Company and one Common Share purchase warrant of the Company. Each Unit issued under the equity financing was comprised of one common share of the Company and one-half of one common share purchase warrant. The First Tranche News Release incorrectly stated that the Company paid a cash commission of $210,000 and issued 840,000 non-transferrable finder warrants to arm's-length finders. The Company paid a cash commission of $193,700 and issued an aggregate of 979,960 non-transferrable finder warrants to arm's-length finders under the first tranche of the equity financing. The Second Tranche News Release incorrectly stated that insiders of the Company and their related parties subscribed for a total of 400,000 Units. Insiders of the Company and their related parties subscribed for a total of 160,000 Units.This news release should be read in conjunction with both the First Tranche News Release and Second Tranche News Release. The corrections described in this news release do not change any other information reported in the First Tranche News Release or Second Tranche News Release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the 1933 Act, or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
About PesoRama Inc.
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 29 stores offer consistent merchandise offerings which include items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery and more. For more information visit: .
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment