04:43:39 EDT Tue 14 Apr 2026
Enter Symbol
or Name
USA
CA



Resaas Services Inc
Symbol RSS
Shares Issued 80,037,002
Close 2026-04-13 C$ 0.48
Market Cap C$ 38,417,761
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Resaas Services arranges $1.8-million private placement

2026-04-13 18:42 ET - News Release

Mr. Tom Rossiter reports

RESAAS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Resaas Services Inc. has arranged a non-brokered private placement for gross proceeds of approximately $1.8-million.

The offering is being completed in connection with a concurrent block trade, pursuant to which certain existing shareholders of the company will sell an equivalent number of their common shares to a single institutional investor.

The offering and the block trade are conditional upon one another. The offering enables the selling shareholders to fully reconstitute their share positions.

Both the offering and the block trade are priced at 45 cents per common share, equal to the closing price of the company's common shares on the TSX Venture Exchange on April 10, 2026. No warrants are being issued in connection with the offering.

The company will receive gross proceeds of approximately $1.8-million from the offering and intends to use the funds to strengthen its balance sheet and for general working capital.

All securities issued under the offering will be subject to a standard four month hold period in accordance with applicable Canadian securities laws. Completion of the offering remains subject to final acceptance by the TSX Venture Exchange.

About Resaas Services Inc.

Resaas is an award-winning technology company serving the global residential and commercial real estate industry.

Over 600,000 residential real estate agents in 160 countries use Resaas to obtain unique real estate data, access to qualified international referrals and coming soon listings. Commercial real estate's largest brokerages and institutions leverage Resaas as a data exchange to securely distribute their own data with designated third parties.

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