Gatekeeper Announces Annual General Meeting Results

Gatekeeper Announces Annual General Meeting Results

Abbotsford, BC, October 31^st, 2019 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX.V: GSI; OTC: GKPRF; FSE: 1GK), a leading provider of high definition video surveillance systems developed to protect people in transit, is pleased to announce that the shareholders of the Company approved all matters at its annual general meeting (the “Meeting”) held on October 30, 2019.

The total number of common shares represented by shareholders present in person and by proxy at the meeting was 19,887,254 representing 22.7% of Gatekeeper’s issued and outstanding common shares as of the record date.

 

All of the matters put forward before shareholders for consideration and approval as set out in the Company’s notice of meeting and management information circular, dated October 1, 2019, were approved by the requisite majority of votes cast at the Meeting. In particular, shareholders approved the re-election of all director nominees to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. Results of the vote for the election of directors at the Meeting are set out as follows:

 

Nominee	# of Votes For	# of Votes Withheld	% of Votes Cast For
Douglas Dyment	19,382,754	504,500	97.46%
David Stumpo	19,382,754	504,500	97.46%
Charlie Bruce	19,382,754	504,500	97.46%
Robert Galbraith	19,422,754	464,500	97.66%

 

Shareholders also approved the following items of business before the Meeting:

 

• setting the number of directors at four;
• the re-adoption and re-approval of the Company’s rolling stock option plan in accordance with the requirements of the TSX Venture Exchange; and
• the appointment of Buckley Dodds LLP as auditor of the Company for the ensuing year.

 

About Gatekeeper Systems Inc.

Gatekeeper provides wireless high-resolution video security and safety solutions for in-transit applications, including school buses, municipal transit, first response, and the military. The Company offers wireless live-streaming video surveillance, video analytics, driver monitoring, and incident management solutions to help protect school children, public transit users, and employees on the move. The Company has unique photo enforcement and auto-ticketing solutions to deter stop-arm violations and protect school children. Gatekeeper has installed over 100,000 video devices for more than 3,500 customers throughout North America. www.gatekeeper-systems.com

 

Contact Information:

Douglas Dyment

President & CEO

ddyment@gatekeeper-systems.com

(604) 864-6187

Cautionary Note Regarding Forward-Looking Statements: Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize, and readers are cautioned not to place undue reliance on these forward-looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management’s discussion and analysis for the quarter ended November 30, 2019. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management’s current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law.

 

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.