Gatekeeper Announces Annual General Meeting Results

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

(TheNewswire)

Gatekeeper Systems Inc.

Abbotsford, BC – TheNewswire - May 9, 2023 - Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSXV:GSI) (OTC:GKPRF) (FSE:1GK) a video and data solutions provider for public transportation and smart cities, is pleased to announce that the shareholders of the Company approved all matters at its annual general meeting (the “Meeting”) held on May 8, 2023.

The total number of common shares represented by shareholders present in person and by proxy at the meeting was 16,913,977 representing 18.51% 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 April 6, 2023, 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

15,279,074

72,402

99.53%

David Stumpo

15,276,773

74,703

99.51%

Charlie Bruce

15,276,273

75,203

99.51%

Colin Sutherland

15,271,273

80,203

99.48%

 

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 CPA as auditor of the Company for the ensuing year. 

 

The Company also announces that it has granted an aggregate of 2,235,000 incentive stock options to certain directors, officers, employees and consultants of the Company, subject to regulatory approval. The stock options are exercisable at a price of $0.405 for a period of five years from the date of issuance and subject to vesting provisions.

About Gatekeeper Systems Inc.

Gatekeeper is a leading provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The Company uses AI, video analytics, thermal cameras, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems in a Smart City ecosystem. The Company is at the forefront of innovation and is utilizing new technologies to make cities more efficient and safer, such as its Automated Lane Enforcement solution for transit buses (ALE™). The Company’s video and data solutions and its Platform-as-a-Service (PaaS) business model are enabling the transformation of transportation systems into intelligent transit and Smart Cities.

 

www.gatekeeper-systems.com

Contact Information:

Douglas Dyment

President & CEO

[email protected]

(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 February 28, 2023. 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.

 

Copyright (c) 2023 TheNewswire - All rights reserved.