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RESAAS Services set to start trading on TSX Venture Exchange

Last updated: 01:13 04 Apr 2018 AEST, First published: 20:13 03 Apr 2018 AEST

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Resaas is expanding the availability of its shares, it said

Shares in RESAAS Services Inc (CSE:RSS, OTCMKTS:RSASF), the real estate focused cloud platform, will begin trading tomorrow (April 4) on the TSX Venture Exchange.

It has been accepted for listing on the exchange as a Tier 2 issuer, following conditional approval dated March 26 this year.

"We are excited to list our shares on the TSX Venture Exchange, and take another step towards expanding the availability of purchasing our stock,” said Tom Rossiter, chief executive of RESAAS.

“Since 2011 the Canadian Securities Exchange has provided us with a great platform to trade our stock and raise significant capital, allowing us the runway to build out our award-winning technology platform.

"In conjunction with our upcoming capital markets initiatives, now is the time in the company’s growth curve to move to the Venture Exchange."

Last month, the firm unveiled a raft of management changes, including a new director and a change in the role of finance chief.

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