Mr. Rahim Bhaloo reports

PESORAMA ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF OVER $10 MILLION

Pesorama Inc., further to its news releases dated April 8, 2026, and April 9, 2026, has completed its previously announced oversubscribed non-brokered private placement and has issued 28,710,003 units at a price of 35 cents per unit for aggregate gross proceeds of $10,048,501.

Each unit comprises one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share at a price of 50 cents per warrant share for a period of 36 months from the date of issuance. From today and until the warrant expiry date, in the event that the volume-weighted average price of the common shares on a recognized Canadian stock exchange, which includes the TSX Venture Exchange, is equal to or greater than 75 cents over a 10-consecutive-trading-day period, the company may, at its option, within 10 business days following such 10-day period, accelerate the warrant expiry date by issuing a news release and, in such case, the warrant expiry date shall be deemed to be the date that is 30 days following the issuance of the warrant acceleration news release.

The gross proceeds raised from the private placement will be used for store expansion and general corporate purposes.

The company also paid an aggregate of cash finders' fees of $409,254, of which Canaccord Genuity Corp. was paid $335,895 and Richardson Wealth Ltd. was paid $73,359.

All securities issued in connection with the private placement are subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws. Closing of the private placement remains subject to the final approval of the TSX Venture Exchange.

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 35 stores offer consistent merchandise offerings, including items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery, and more.

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