RESAAS Announces Grant of Stock Options to Management

VANCOUVER, BC, April 21, 2023 /CNW/ - RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF) ("RESAAS" or the "Company"), a leading provider of technology solutions for the Real Estate Industry, has announced that the Company has granted its Directors and Officers stock options to purchase up to 4,800,000 common shares at an exercise price of $0.215 per share, for a maximum term of ten years.

Recipients of the stock options include Directors of the Company, and the Company's Chief Executive Officer.

The stock options will be vested in stages over a period of two and a half years, and are subject to final approval of the TSX Venture Exchange.

"It is paramount that our Management Team are appropriately incentivized to continue RESAAS's growth and maximize shareholder value," said Pierre Chadi, Chairman of RESAAS's Board of Directors.

RESAAS is an award-winning global technology platform for the real estate industry. With over 500,000 real estate agents utilizing RESAAS in 160 countries, RESAAS enables real-time industry communication, delivers new business opportunities and captures unique real estate data. Some of real estate's biggest brands leverage RESAAS to provide business intelligence to real estate brokerages, franchises and associations. For more information, please visit https://www.resaas.com.

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.

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