RESAAS Announces Non-Brokered Private Placement

• Event: RESAAS Services Inc. announced a non-brokered private placement on April 13, 2026.
• Terms: Issuance of common shares at $0.45 per share (matching the closing price on April 10, 2026).
• Proceeds: Targeting gross proceeds of approximately $1.8 million CAD.
• Structure: Includes a concurrent block trade where existing shareholders sell an equivalent number of shares to the same institutional investor. No warrants are issued.
• Use of Proceeds: Strengthen balance sheet and fund general working capital.
• Conditions: Subject to TSX Venture Exchange acceptance; 4-month hold period applies.

• Liquidity Relief: The financing addresses a critical liquidity gap identified in the September 30, 2025 financials, where cash was only $63,338 CAD against current liabilities of nearly $1 million. This capital injection is essential for operational continuity.
• Pricing: Shares are priced at market ($0.45), avoiding a discount that would signal distress or excessive dilution, which is positive relative to typical micro-cap financings.
• Dilution: While the company raises primary capital, the concurrent block trade involves selling shareholders. This structure limits immediate dilution impact on the company's treasury but indicates existing holders are exiting positions alongside new money entering.
• Expectation vs. Reality: Given the low cash balance reported in late 2025, a financing was anticipated by risk-averse analysts. The news confirms execution without major delays or significant price discounts, making it Routine - Positive rather than unexpected material news.

• Overview: RESAAS Services Inc. provides technology solutions for real estate data exchange, serving residential and commercial sectors globally.
• Flagship Project: The Global Referral Platform, which facilitates cross-border referrals between brokerages (e.g., Savills, Chestertons).
• Recent Developments: Strategic integrations with SAP (Dec 2025) and Snowflake (Feb 2026) aim to embed RESAAS data into enterprise AI and analytics stacks.
• Revenue Model: Mix of setup/configuration fees, technology integration fees, and recurring monthly enterprise license fees.