Mr. George Lawton reports
NORTH AMERICA HOME FINANCE CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT OF HOUSING SHARES
Further to North America Home Finance Inc.'s news release dated Aug. 20, 2026, it has closed the first tranche of its non-brokered private placement of Series 1 non-voting preferred shares, known as "housing shares."
Under the first tranche of the offering, the company issued 58,711 housing shares at a price of $9.75 per housing share, for aggregate gross proceeds of approximately $572,432.
The company intends to use the proceeds of the offering to repay certain liabilities related to its current development project investments and increase permanent capital on the company's balance sheet.
In connection with the first tranche of the offering, the company paid cash finders' fees of approximately $11,909 and issued 34,900 finders' warrants to eligible arm's-length finders. Each finder's warrant entitles the holder to acquire one common share of North America Home Finance at an exercise price of 50 cents per common share for a period of 24 months following the closing date.
All securities issued in connection with the first tranche of the offering are subject to a statutory hold period of four months and one day, ending on Jan. 26, 2027.
Following the closing of the first tranche, the offering remains open and the company may close additional tranches, subject to receipt of all necessary regulatory and Canadian Securities Exchange approvals.
About housing shares
Housing shares are the Series 1 non-voting preferred shares of North America Home Finance and are listed on the Canadian Securities Exchange under the ticker symbol NAHF.PR.A.
Housing shares form an important part of North America Home Finance's housing equity strategy and are intended to provide investors with participation in the long-term value of residential housing while providing North America Home Finance with an expandable source of equity capital that can support the acquisition and financing of additional residential housing assets.
About North America Home Finance Inc.
North America Home Finance, with Series 1 non-voting preferred shares housing shares (CSE: NAHF.PR.A), is a residential real estate finance and development company focused on expanding housing access through shared-equity and next-generation ownership pathways.
The company develops, acquires, finances, and manages residential housing assets while working to enable more families and investors to participate in long-term housing equity growth.
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