VANCOUVER, BC, Oct. 8, 2024
/CNW/ - RESAAS Services Inc. ("RESAAS") (TSXV: RSS) (OTCQB:
RSASF), a leading provider of technology solutions for the real
estate industry, today announced that it is intending to extend the
expiry date of an aggregate 2,075,000 outstanding common share
purchase warrants (the "Warrants") due to expire on October 17, 2024.
The Warrants were issued in connection with an over-subscribed
private placement transaction that closed on October 17, 2023 and are exercisable at
$0.60 per common share.
Under the proposed amendment to the Warrants (the "Proposed
Amendment"), the Company proposes to extend the expiry date for a
further one year to October 17, 2025
(the "Warrant Extension"), with all other terms of the Warrants
remaining the same. The Proposed Amendment is subject to approval
by the TSX Venture Exchange.
About RESAAS Services Inc.
RESAAS is an award-winning technology company serving the Real
Estate Industry, uniting all Real Estate Brokerages and Agencies in
one Global, Centralized Industry Platform.
Over 600,000 RESAAS Agents in 160 countries have access to
unique Real Estate Data, providing access to qualified
international referrals and Coming Soon listings only available
inside RESAAS.
Some of Real Estate's largest organizations leverage RESAAS to
provide Business Intelligence, new business opportunities, and
real-time industry-wide communication. For more information, please
visit www.resaas.com.
Disclaimer
The TSX Venture Exchange has neither approved nor disapproved
the contents of this news release. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
The statements made in this news release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially
from RESAAS Services Inc.'s expectations and projections.
SOURCE RESAAS Services Inc.