+1 888 666 4833

Gatekeeper Announces 2.9M Share Purchase by CEO

 

Abbotsford, BC – May 5, 2020 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX-V: GSI) (OTC: GKPRF) (FSE: 1GK) a leading provider of intelligent video solutions for public transport and smart cities, announces that Doug Dyment, CEO of Gatekeeper, has acquired, as trustee of the Dyment Family Trust, 2,916,667 common shares (“Shares”) of Gatekeeper in a private transaction for an aggregate purchase price of $522,000 or approximately $0.179 per Share (the “Acquisition”).

Prior to completion of the Acquisition, Mr. Dyment owned or controlled an aggregate of 6,914,125 Shares representing 7.78% of the Company’s 88,825,145 issued and outstanding Shares, and 2,500,000 incentive stock options (the “Options”) of the Company.

After giving effect to the Acquisition, Mr. Dyment owns or controls 9,830,792 Shares representing 11.07% of the issued and outstanding Shares on a non-diluted basis, and 13.5% of the issued and outstanding Shares on a partially diluted basis, assuming exercise of Mr. Dyment’s Options only.

The Shares were acquired for investment purposes. In the future, Mr. Dyment may increase of decrease his shareholdings from time to time depending on market conditions or other related factors.

This news release is being issued as required by National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

A copy of the Early Warning Report can be obtained at SEDAR.com under the Company’s profile or by contacting the Company.

Contact Information:

Douglas Dyment

President & CEO

ddyment@gatekeeper-systems.com

(604) 864-6187

 

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.

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 Camera

S32 AHD 1080p Camera
S370 Camera
TI252 IP v3 1080p Camera
TW202 IP v3 1080p Camera

CI960 IP v3 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

360° Surround Vision System (SV12)

360° Surround Vision System (SV12 v3)

Video Display Mirror
ALE™ - AUTOMATED LANE ENFORCEMENT

 

SCHOOL BUS STUDENT PROTECTOR

 
DVR RECORDERS

 

Y35 HD v3
Y35 v3

Y58 v3

508HD4a
Y724
Y816-R
WIRELESS

 

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