Mexico
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Oroco Files Prospectus Supplement for Bought Deal Public Offering
Oroco Resource Corp. is raising approximately C$20 million through a bought-deal offering of units to advance its copper-gold project in Mexico. Each unit includes a share and a warrant. Canaccord Genuity Corp. is leading the syndicate of underwriters. The funds will support exploration and development at the Santo Tomas Project, aiming to unlock its potential. This financing involves potential dilution for existing shareholders but offers future upside through warrants.
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PesoRama Opens Store #27 in Patio Martin Carrera on May 31st
PesoRama Inc. is expanding its JOi Dollar Plus stores in Mexico, with the 27th store opening on May 31st in Mexico City’s Patio Martin Carrera shopping center. The 481-square-meter store targets a high-income area, offering everyday essentials. A live stream of the grand opening will be on JOi’s Instagram. Since 2019, PesoRama has focused on high-traffic locations, and as of May 31st, will operate 27 stores.