20:03:52 EDT Tue 09 Jun 2026
Enter Symbol
or Name
USA
CA



Blackline GPS Corp
Symbol BLN
Shares Issued 142,367,820
Close 2011-04-07 C$ 0.25
Market Cap C$ 35,591,955
Recent Sedar+ Documents

Blackline's interim CFO Dorrius becomes full-time CFO

2011-04-08 12:39 ET - News Release

Mr. Cody Slater reports

BLACKLINE GPS CORP. ANNOUNCES BOB HERDMAN JOINS COMPANY AND OTHER PERSONNEL MATTERS

Bob Herdman, FCA, has joined the board of directors of Blackline GPS Corp. as of April 5, 2011. Mr. Herdman is a former senior audit partner with PricewaterhouseCoopers LLP accounting firm and brings 35 years of accounting, audit and business experience to the company. Mr. Herdman is also a director with a number of commercial and not-for-profit organizations and is a lecturer at ICD sessions through the Haskayne School of Business.

"We are excited to have Bob join us at Blackline," said Cody Slater, chairman and chief executive officer. "Blackline is making significant changes for expansion and growth into the Industrial Safety Market, and Bob's depth of experience in business and accounting will prove a valuable asset to the board as we move forward."

In connection to Mr. Herdman's appointment to the board of directors the company has granted him 350,000 stock options to acquire up to 350,000 common shares of the company as of April 5, 2011. The options have an exercise price of 23 cents per common share and expire five years from the date of grant, being April 5, 2016. All of the options vest immediately.

The company is also pleased to announce that Peter Dorrius, interim chief financial officer of the company, has accepted the full-time position of chief financial officer of the company as of April 1, 2011. As part of his compensation package, Mr. Dorrius has been granted 350,000 stock options to acquire up to 350,000 common shares of the company.

The company has also granted 350,000 stock options to acquire up to 350,000 common shares of the company to Greg Rude in connection with his appointment as the vice-president of industrial sales on March 1, 2011. For further information on the appointment please refer to the company's news release in Stockwatch issued March 1, 2011, available on SEDAR.

The above options for Mr. Rude and Mr. Dorrius have an exercise price of 22 cents per common share and expire five years from the date of grant, being March 30, 2016. The options vest in equal tranches every six months for the next three years.

Blackline has determined that exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 are available for the grant of options (formal valuation -- issuer not listed on specified markets; minority approval -- fair market value not more than 25 per cent of market capitalization).

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