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TORONTO, May 15, 2026 (GLOBE NEWSWIRE) — PesoRama Inc. (TSXV:PESO) (OTC Pink:PSSOF) (FSE:ZE6) (“PesoRama” or the “Company”), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, is pleased to announce that it intends to complete a marketed public offering of up to 16,000 senior unsecured convertible debentures (the “Convertible Debentures”) for gross proceeds to the Company of C$16.0 million (the “Offering”).  Canaccord Genuity Corp. (the “Lead Agent”) is acting as Lead Agent and sole bookrunner for the Company in connection with the Offering. The Company has granted the Agents an option (the “Overallotment Option“), exercisable in whole or in part within 30 days of the Closing Date, to increase the size of the Offering by up to 2,400 additional Convertible Debentures for up to C$2,400,000 in additional aggregate principal amount of Convertible Debentures. If the Overallotment Option is exercised in full, the aggregate gross proceeds of the Offering will be up to C$18,400,000. Each Convertible Debenture will be issued in the principal amount of C$1,000 and will be unsecured. The principal amount of each Convertible Debenture will be convertible into common shares of the Company (“Common Shares”), at the option of the holder at a conversion price of $0.91 (the “Conversion Price“), which represents a 30% premium to the volume-weighted average trading price of the Common Shares on the TSX Venture Exchange (the “TSXV“) for the ten consecutive trading days immediately preceding the date of the public announcement of the Offering.   The Convertible Debentures will mature on the date that is 36 months from the Closing Date (the “Maturity Date“). The principal amount outstanding under each Convertible Debenture will bear interest at a fixed rate of 9.0% per annum, payable in cash, semi-annually in arrears on the last day of June and December in each year, commencing on December 31, 2026. At any time after the sixth month following the Closing Date, if the volume-weighted average trading price of the Common Shares on the TSXV for ten consecutive trading days equals or exceeds 150% of the Conversion Price then in effect, the Company will have the right to require the holders of all outstanding Convertible Debentures to convert their Convertible Debentures into Common Shares at the Conversion Price then in effect. The Company will also have a repayment right, exercisable after the first six months following the Closing Date, to repay the principal amount outstanding in cash at par plus a premium of 4% (months 7–12), par plus 2% (months 13–24), or at par (months 25–36), upon not less than 30 calendar days’ notice. The net proceeds of the Offering will be used to repay outstanding senior debt. Upon closing, the Company will pay the Agents a cash commission equal to 5.0% of the aggregate gross proceeds of the Offering and will issue compensation warrants (“Compensation Warrants”) to the Agents equal to 2.0% of the aggregate number of Common Shares issuable upon conversion of the Convertible Debentures. Each Compensation Warrant will be exercisable for 24 months following the Closing Date to acquire one Common Share at an exercise price equal to $0.70, being the last closing price of the Common Shares on the TSXV immediately preceding the public announcement of the Offering. The Offering is expected to close on or about June 1, 2026, or such other date as may be agreed to by the Lead Agent and the Company (each such date, a “Closing Date“). Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSXV. The Convertible Debentures will be distributed (i) in Canada through the filing of a short form prospectus with the appropriate securities authorities in each of the provinces of Canada, except Quebec (the “Canadian Jurisdictions”)and (ii) jurisdictions other than the Canadian Jurisdictions where the Convertible Debentures may be lawfully sold on a basis exempt from the prospectus, registration and similar requirements of any such jurisdictions. CP LLP is acting as counsel to the Company with Dentons Canada LLP acting as counsel for the Agents in connection with the Offering. 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. April 23 Press Release Clarification Further to the Company’s press release dated April 23 regarding the close of its $10.04M financing, and in addition to the cash finder’s fees which were paid and listed in that press release, the Company also paid a finder’s fee of $17,500 to BMO Nesbitt Burns. 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 40 stores (including 5 stores opening in May and June) 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:  For further information please contact: Rahim BhalooFounder, CEO & Executive Chairmanrahim@rahimbhaloo.com416-816-3291 Cautionary Note This press release contains “forward-looking information” within the meaning of applicable securities laws, including, among other things, statements regarding the completion of the Offering, the Closing Date and the intended use of proceeds of the Offering. While the Company believes that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements, including due to changes in consumer behaviour, general economic factors, the ability of the Company to execute its strategies, the availability of capital and the risk factors which are discussed in greater detail in the “Risk Factors” section of the Company’s annual information form for the year ended January 31, 2025 and filed under the Company’s profile on www.sedarplus.ca. The statements in this press release are made as of the date of this release. PesoRama undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of PesoRama, its securities, or its financial or operating results (as applicable).  Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The post PesoRama Announces Senior Unsecured Convertible Debenture Offering of up to C$16M to Retire Senior Debt appeared first on Montreal Gazette.

LUXEMBOURG, May 15, 2026 (GLOBE NEWSWIRE) — A correction from source is being issued for the press release that was disseminated at 07:00 ET on May 15, 2026 due to an error in the second paragraph of the press release. Koryx Copper S.A. does not anticipate publishing an updated Preliminary Economic Assessment for the Haib Copper Project before the middle of 2026. The updated mineral resource estimate plus an enhanced process flow sheet will be incorporated and published in the form of the planned Pre-feasibility Study before the end of 2026. The complete and correct release follows. Highlights       17 drill holes reported with consistent, wide intercept up to 599m in width. CuEq Grades exceeding average MRE grade with pockets of higher grade Au and Mo. Best 8 of 17 drill hole assays as follows:   HM132: 150m @ 0.45% CuEq (90 – 240m) Incl. 28m @ 0.67% CuEq22m @ 0.56% CuEq (8 – 30m)18m @ 0.40% CuEq (466 – 484m)60m @ 0.37% CuEq (510 – 570m)         HM129: 144m @ 0.36% CuEq (294 – 438m)84m @ 0.33% CuEq (0 – 84m)         HM130: 132m @ 0.41% CuEq (6 – 138m)incl. 18m @ 0.53% CuEq         HM124: 94m @ 0.42% CuEq (76 – 170m) Incl. 16m @ 0.66% CuEq10m @ 0.55% CuEq (190 – 200m)52m @ 0.62% CuEq (212 – 264m)14m @ 0.39% CuEq (30 – 44m)         HM145: 38m @ 0.57% CuEq (160 -198m)Incl. 7m @ 0.91% CuEq         HM126: 36m @ 0.45% CuEq (16 – 52m)32m @ 0.36% CuEq (60 –92m)26m @ 0.39% CuEq (102 – 128m)         HM123: 18m @ 0.78% CuEq (52 – 70m)28m @ 0.40% CuEq (238 – 266m)         HM125: 76m @ 0.40% CuEq (80 – 156m)Incl. 8m @ 1.09% CuEq38m @ 0.40 CuEq (220 – 258m)30m @ 0.34% CuEq (274 – 304m)             Koryx Copper S.A. (TSX:KRY.V) (NSX:KYX) (OTCQB:KRYXF) (“Koryx” or the “Company“) is pleased to announce assay results from 17 drill holes (5,252m) received as part of the infill and expansion drilling for its 2026 exploration and project development program on the wholly-owned Haib Copper Project (“Haib” or the “Project”) in southern Namibia. Heye Daun, Koryx Copper’s President and CEO commented: “Now operating with 14 drill rigs on site, our geological team has delivered another excellent set of drill results. These 17 drill holes demonstrate once again the highly consistent nature of the copper mineralization with significant molybdenum and gold byproduct credits and the potential to incrementally increase the average mineral resource grade. We recently published an updated mineral resource estimate (“MRE”) which demonstrated higher grades, lower stripping and a large increase in overall contained copper. This updated MRE plus an enhanced process flow sheet will be incorporated and published in the form of the planned Pre-feasibility Study (PFS) before the end of this year.” Haib is a large-scale, advanced open-pit sulphide Cu-Mo-Au porphyry with a small oxide cap. The project is technically and economically feasible utilising mainly a low-risk open pit crushing/milling/flotation process. The project has attractive economics and a simple, scalable, long-life and low-cost development strategy undergoing rapid advancement, with an envisaged average annual Cu production rate of 92,000tpa in clean concentrate over a 24-year mine. Figure 1: Plan view indicating recent drill hole locations. Results indicated in black are shown on the long section below Figure 2. Long section showing seventeen drillhole intersections relative to the model for Cu mineralization Summary of Results from Target Area 1 HM122 was drilled just north of the Volstruis River as an infill hole. Copper (Cu) and molybdenum (Mo) results are in line with expectations, with Mo effectively absent. HM123 was drilled in the southeastern portion of Target 1 and positioned to intersect mineralisation both above and below the quartz vein separating Target 1 and Target 2. The results are significant. Firstly, the upper high-grade zone confirms a southward extension of Cu mineralisation approximately 130m beyond the current model. This zone is associated with Mo, with grades exceeding 100 ppm. Secondly, the deeper high-grade zone that was intersected has not been identified in previous drilling and lies more than 200m outside the current 0.25% grade shell. Based on a single intersection, the orientation and full resource implications remain uncertain and will require further drilling. Mo is present in this zone, but at lower levels than the shallower zone. HM124 is located just east of the centre of Target 1. While results are strong, they are broadly consistent with expectations. Mo is largely absent in the upper portion of the hole but increases steadily with depth, with numerous samples exceeding 100ppm. HM127 was collared south of the Volstruis River near the northeastern edge of Target 1. The high-grade Cu zone intersected correlates well with mineralisation previously reported in boreholes HM15R, HM16, and HM17. This mineralisation is high-grade, narrow, and structurally controlled, with HM127 indicating an eastward extension of approximately 50m beyond what was previously defined. HM133 is an infill hole located just north of the Volstruis River, close to the existing adit. Cu results are in line with expectations, and Mo is essentially absent. Tungsten (W) is present, with several 2m intervals returning grades greater than 100ppm. Gold (Au) is also present, with a sample from 46–48 m returning 0.2 g/t. HM134 is an infill hole situated near the centre of Target 1. Cu results are largely as expected; however, the low-grade zone at approximately 150m vertical depth, identified in earlier drilling, appears wider in this hole than currently modelled. Mo grades increase with depth, averaging >100ppm from approximately 250m downhole. Summary of Results from Target Area 2 HM119 was drilled northwards from within Target 2. Cu results correlate well with the current model, while Mo occurs at low levels, consistent with what has been observed in this area. HM125 was collared in the southern part of Target 2 to better delineate the limit of Cu mineralisation. Results align well with the current grade shell model. Mo is initially absent but increases from 26m downhole, averaging >160ppm over 236m from 142m downhole, including 28m at 447ppm. HM126 was drilled near the southern intersection of Target 2 and Target 4, into the east–west structural zone south of Target 3 and associated with Cu depletion. Cu results are in line with expectations both prior and in the Cu depletion zone. In contrast, Mo is consistently present, averaging 120ppm over the full 308m hole length, highlighting differing controls on Cu and Mo mineralisation. HM128 was drilled on the northern edge of Target 2, just north of the Volstruis River. The hole successfully intersected the Cu-depleted east–west structural zone, although at a greater depth than anticipated, representing a potential resource gain. Mo grades remain low throughout. Au is present, with a 12m interval averaging 0.2g/t from 132 m downhole, including 4m at 0.3g/t. HM130 is an infill hole designed to test the eastward extension of the shallow, wide, high-grade Cu zone (~0.9%) previously intersected in boreholes HM090 and HM006. While the zone was intersected, Cu grades are significantly lower, averaging 0.4% over 132m from surface. Mo is present, although grades exceeding 100ppm are sporadic. HM131 was drilled southwards from near the southern margin of mineralisation. Cu results are as expected; however, Mo mineralisation is well developed, averaging 171ppm over 132m from 214m downhole, including a 46m interval at 249ppm and a further 10m at 305ppm. HM132 is an infill hole drilled northwards from the southern margin of mineralisation. Cu results are strong and consistent with the current model. In several intervals, Cu mineralisation is associated with elevated Mo grades, averaging 184ppm over 118m from 122m downhole. This provides a significant uplift to the CuEq grade, as reflected in the significant intersections table above. HM143 was drilled approximately 35m northwest of HM132 near the southern margin of Target 2. Results indicate that the hole likely missed the main Cu mineralisation, averaging

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