April 20, 2026 – Vancouver, British Columbia, Canada – RESAAS Services Inc., a leading provider of technology solutions for the real estate industry, is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”).
Pursuant to the Offering, the Company issued 4,000,000 common shares (the “Shares”) at a price of $0.45 per Share, for gross proceeds of $1,800,000.
The Offering was completed in connection with a concurrent block trade, pursuant to which certain existing shareholders of the Company (the “Selling Shareholders”) sold an equivalent number of their common shares to a single institutional investor (the “Investor”). The Offering enabled the Selling Shareholders to fully reconstitute their share positions.
The Company intends to use the net proceeds from the Offering to strengthen its balance sheet and for general working capital purposes.
All securities issued pursuant to the Offering are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.
RESAAS Services Inc. (TSX-V: RSS, OTCQB: RSASF) is a global real estate technology data platform connecting over 700,000 real estate professionals across 160 countries. RESAAS provides unique real estate data, international referral networks, enterprise data exchange infrastructure, and purpose-built payment rails for real estate referral fee settlement. For more information, visit corporate.resaas.com.
