Gatekeeper Engages Market Maker
Abbotsford, BC, October 25th, 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, announces that it has retained Toronto-based Independent Trading Group (ITG) Inc. (“ITG”), Canada’s only brokerage firm dedicated specifically to professional trading, to provide market making services to the Company, subject to approval of the TSX Venture Exchange.
ITG will trade shares of Gatekeeper on the TSX Venture Exchange with the objective of maintaining a reasonable market and improving the liquidity of Gatekeeper’s common shares. Under the terms of the agreement, ITG will receive $4,000 per month for an initial three-month term. The agreement will continue in effect unless terminated by either party on a thirty-day written notice after the initial three-month period. There are no performance requirements contained in the agreement and ITG will not receive shares or options as compensation. ITG and the Company are unrelated and unaffiliated entities, but ITG and its clients may have an interest, directly or indirectly, in the Company’s common shares.
About Independent Trading Group (ITG), Inc.
Independent Trading Group specializes in market maintenance services and has been providing its market maintenance services to companies ranging from TSXV listed companies to certain of Canada’s largest publicly traded companies for over 20 years. Independent Trading Group is a member of the Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF), and is a member of all Canadian Stock Exchanges and Alternative Trading Systems.
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
President & CEO