+1 888 666 4833

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INVESTORS NEWS

FOR IMMEDIATE RELEASE

Gatekeeper Systems Announces Increase to its Non-Brokered Private Placement Offering to $1.97 Million

Abbotsford, BC July 24th, 2015 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI; OTC: GKPRF) announces that the non-brokered private placement offering as announced on July 9, 2015 (the “Offering”), has been oversubscribed.  The Company now proposes to raise a total of up to $1,970,925 through the issuance of up to 13,139,502 units (the “Units”) at a price of $0.15 per Unit, subject to TSX Venture Exchange approval.

Each Unit issued under the Offering will consist of one common share and one-half of one common share purchase warrant (the “Warrant”), each full Warrant exercisable at $0.25 for a period of 24 months from the date of issue. 

Proceeds of the Offering will be used to fulfill the Company’s current backlog of orders, support inventory, develop software and products, expand the sales and engineering team, and for general working capital. Finder’s fees may be payable on the Offering.

About Gatekeeper Systems Inc.

Gatekeeper provides innovative, end-to-end video safety and security solutions for mobile applications including body cameras, in-car police video systems, school bus video and stop arm camera video enforcement systems, transit bus video systems, and airborne digital recording systems for military applications.

The Company is headquartered in Abbotsford, British Columbia, Canada, and its shares are traded on the TSX Venture Exchange under the symbol “GSI”, and on the OTC Markets under the symbol “GKPRF”.

For more information visit: www.gatekeeper-systems.com

On behalf of the Board,
 
Douglas Dyment
President and Chief Executive Officer
Phone: 1 (888) 666-4833
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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2015-07-24_NR_annoucing_increase_to_PP_-_v2.pdf

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements: This release contains forward-looking statements, including statements regarding the possible completion of a non-brokered private placement and the intended use of proceeds from the Offering. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that the Company believes are reasonable, including that the Company is able to obtain any required government or other regulatory approvals to complete the Company’s planned private placement and operations and that the Company is able to complete the Offering. However, the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such uncertainties and risks may include, among others, that the Offering will not complete, actual results of the Company’s operations being different than those expected by management and delays in obtaining or failure to obtain required government or other regulatory approvals or financing. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

TRANSIT

 

Bus
Rail
SCHOOL BUS

 

FIRST RESPONDERS

 

Police

Ambulance
TAXI

TRANSPORT

 
SERVICE & MAINTENANCE

TRAINING & TUTORIALS

 

G4 Viewer Plus
G4 Viewer Plus – G4 Enterprise – Server Client
MaxLOCATE
LEGACY SUPPORT

 
PRESS & MEDIA

 

Press Releases
Media
CORPORATE

 

Why Gatekeeper?
Stock Information
Financial Reports
Transfer Agent
TEAM

 
INTERIOR CAMERAS

 

TXMW12 IP v3 Camera
MD11 AHD Day / Night Camera
MX12 Camera
S31 AHD 720p Camera
S31 IP v3 Camera
S32 IP v3
S32 AHD 1080p Camera
S370 Camera
TI252 IP v3 1080p Camera
TW202 IP v3 1080p Camera
WA11 Wide Angle Camera
Video Display Mirror
Passenger Counting Sensor (PaC30)
G4 VISION

 

CLARITY™

 

EXTERIOR CAMERAS

 

Student Protector Camera System (SP25)
Rear Vision System
TX242 IP v3 1080p Camera
TXM12 AHD Camera
TXM12 IP v3 Camera
TXM11 AHD Camera
TXM700 Camera
W21 AHD 720p Camera
360° Surround Vision System (SV12)
Video Display Mirror
ALE™ - AUTOMATED LANE ENFORCEMENT

 

SCHOOL BUS STUDENT PROTECTOR

 
DVR RECORDERS

 

Y35 HD v3
Y35 v3
Y58
508HD4a
Y724
Y816-R
WIRELESS

 

Health Check
Access Points
Mobile Wireless Module
Mobile Wifi System – School Bus
Yard Guard
ITSS™ - INTELLIGENT TEMPERATURE SENSING SYSTEM