11:58:45 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



Gatekeeper Systems Inc
Symbol GSI
Shares Issued 93,967,395
Close 2025-06-30 C$ 1.37
Market Cap C$ 128,735,331
Recent Sedar Documents

Gatekeeper increases credit facilities with TD Bank

2025-06-30 20:05 ET - News Release

Mr. Douglas Dyment reports

GATEKEEPER INCREASES CREDIT FACILITIES WITH TD BANK

Gatekeeper Systems Inc. has increased its letter of credit facilities with Toronto-Dominion Bank and strengthened its vendor financing arrangements.

The company has increased its letter of credit facility with TD Bank from $2.0-million to $7.5-million to accommodate potential inventory purchases and performance bond guarantees for large projects. The company also has in place a revolving credit facility with TD Bank pursuant to which the company may draw up to $6-million for working capital provisions.

In addition, the company has favourable vendor financing arrangements with certain suppliers for defined large projects.

At the end of the company's most recent fiscal quarter ended Feb. 28, 2025, both the letter of credit facility and the revolving credit facility were undrawn, and in addition, the company had working capital of $16.1-million and no borrowed-money debt.

About Gatekeeper Systems Inc.

Gatekeeper is a leading provider of video and data solutions for a safer transportation environment for children, passengers and drivers on public transportation fleets. Gatekeeper has provided solutions to more than 60 transit agencies and 3,500 school districts throughout North America, and has installed more than 57,000 mobile data collectors for customers, which record video and data daily from over 200,000 onboard devices. The company's hosted software applications facilitate AI-assisted (artificial intelligence) video analytics for incident management and storage. The company's platform-as-a-service (PaaS) business model is centred around the mobile data collectors, which are the cornerstone of its data company transformation.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.