
North America Home Finance Announces an Offering for up to $5 Million Through a Private Placement of Housing Shares
Newsfile Corp
公開日時: Aug 21, 2026, 05:15 AM GMT+9
Sentiment Analysis
North America Home Finance Inc. (CSE: NAHF) (CSE: NAHF.PR.A) (" NAHF " or the " Company ") is pleased to announce a non-brokered private placement (the " Offering ") of its Series 1 Non-Voting Preferred Shares, known as "Housing Shares." Under the Offering, NAHF intends to issue a minimum of 51,283 Housing Shares and a maximum of 512,820 Housing Shares at a price of $9.75 per Housing Share , for minimum gross proceeds of approximately $500,000 and maximum gross proceeds of approximately $5 million . The Housing Shares are currently listed and posted for trading on the Canadian Securities Exchange ("CSE") under the symbol NAHF.PR.A . The listing of the additional Housing Shares issued pursuant to the Offering will be subject to CSE approval.
The Offering is part of NAHF's strategy to expand the capital available to its housing equity platform and support the continued growth of the Company's residential housing activities. Housing Shares were developed as a specialized publicly traded preferred share class intended to provide investors with participation in residential housing equity while supporting NAHF's broader objective of increasing the number of families that have an opportunity to build equity through housing. NAHF's long-term strategy is to increase the scale and diversity of residential housing represented within its housing equity platform, including single-family homes, condominiums, townhomes and rental apartment properties across a range of housing price points.
" The Housing Shares are an important part of the capital structure we have built to connect investors with residential housing equity, while creating a scalable source of capital for expanding our housing platform, " said George Lawton, Chief Executive Officer of NAHF . " As the Housing Share market grows, our objective is to use that capital to help expand the amount and variety of housing that can participate in our shared-equity model. Ultimately, the purpose is to create a larger housing portfolio that can provide more families with an opportunity to build equity in the homes where they live. "
The Offering is being conducted on a non-brokered private placement basis at a subscription price of $9.75 per Housing Share . The Offering is expected to be made to eligible purchasers in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec pursuant to applicable exemptions from the prospectus requirements of Canadian securities laws. Eligible purchasers must satisfy the requirements of an applicable prospectus exemption, which may include the accredited investor exemption, the minimum amount investment exemption for eligible non-individual purchasers, or the family, friends and business associates exemption.
The Offering is expected to close on or about September 25, 2026 , or such other date as may be determined by the Company, and may close in one or more tranches after the minimum Offering has been achieved. Completion of the Offering remains subject to receipt of all necessary regulatory and CSE approvals. Housing Shares issued pursuant to the Offering will be subject to a statutory restricted resale period of four months and one day from their applicable closing date in accordance with applicable Canadian securities legislation and CSE policies.
Based on the terms of the Offering, the Housing Shares are eligible investments for certain Canadian registered plans, including RRSPs, RRIFs, RDSPs, RESPs, TFSAs and DPSPs , subject to the particular circumstances of the investor and applicable tax legislation.
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.
Source: Newsfile Corp
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