North America Home Finance Closes First Tranche of Private Placement

04:37 PM EDT, 09/25/2026 (MT Newswires) -- North America Home Finance (NAHF.CN) after trade Friday said it has closed the first tranche of its private placement, issuing 58,711 series 1 non-voting preferred shares or housing shares, at CA$9.75 each for total proceeds of about CA$572,432. The company said it plans to use the funds to repay liabilities tied to its current development projects and strengthen its permanent capital. The shares are subject to a four-month-and-one-day hold period. The offering remains open, and the company may complete additional tranches pending regulatory and CSE approval, according to the statement.