First Responder Cancels Previously Announced Private Placement and Postpones Annual General Meeting
FIRST RESPONDER CANCELS PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT
AND POSTPONES ANNUAL GENERAL MEETING
Not for distribution to U.S. news wire services or dissemination in the United States
Vancouver, British Columbia – November 30 , 2020 – First Responder Technologies Inc. (“First
Responder” or the “Company”) (CSE: WPN | OTCQB: WPNNF | FWB: 3WK), a leading developer of public
safety and security technologies, announced the following updates today.
Update on Previously Announced Non-Brokered Private Placement
The Company will not proceed with the CDN$1,000,000 non -brokered private placement previously
announced on October 6, 2020 and will be returning the funds received.
Postponement of Annual General Meeting
The Company announces that, due to the challenges related to COVID -19 and the recent changes to the
Company’s board of directors, the Company’s management determined that it is in the best interest of
shareholders to postpone the Company’s 2020 annual general meeting (“AGM”). The Company has been
granted an extension (of up to six months with an outside date of June 30, 2021) by the BC Registrar of
Companies, which will allow the Company sufficient time to prepare the required information circular and
communicate effectively with shareholder s on material matters. The Company will continue to monitor
the COVID-19 situation and, in due course, will set a date for its next AGM and will file a notice of meeting
and record date on the Company’s website and under the Company’s SEDAR profile at www.sedar.com.
The Company also announces that it has cancelled its previously announced AGM that was to be held on
December 10, 2020. The management information circular dated November 10, 2020, which was mailed
to all shareholders as of the record date on November 9, 2020, is null and void.
On behalf of the Board of Directors,
“Robert F. Delamar”
Robert F. Delamar, CEO
First Responder Technologies Inc.
915 - 700 West Pender Street
Vancouver, BC. V6C 1G8
+1-604-227-9821
About First Responder Technologies Inc.
First Responder Technologies Inc. (the “Company ”) is a technology development company that
commercializes academic and internally developed intellectual property for use in the public
safety market. The Company is developing a WiFi-based technology, based in part, on academic
research licensed from Rutgers, the State University of New Jersey (“ Rutgers”) that can be used
to detect concealed weapons. The Company’s threat detection technology line of business was
created to capture a significant portion of the global weapons detection systems market, and in
particular, the global perimeter security detection market. In the Company’s view, WiFi- based
threat detection technology may be utilized by a wide range of facilities, including schools, places
of worship, shopping centres and theatres, to not only make their premises secure, but also
reduce their cost of security, from the interior of a facility to the perimeter.
For Further Information, Please Contact:
General Inquiries:
Media Contacts:
Mr. Alastair Macmichael
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy
of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
Certain statements contained in this news release may constitute forward- looking information.
Forward-looking information is often, but not always, identified by the use of words such as
“anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar
expressions. Forward-looking information involves known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ materially from those anticipated
in such forward- looking information. The Co mpany’s actual results could differ materially from
those anticipated in this forward- looking information as a result of regulatory decisions,
competitive factors in the industries in which the Company operates, prevailing economic
conditions, changes to the Company’s strategic growth plans, and other factors, many of which
are beyond the control of the Company. The Company believes that the expectations reflected
in the forward- looking information are reasonable, but no assurance can be given that these
expectations will prove to be correct and such forward-looking information should not be unduly
relied upon. Any forward- looking information contained in this news release represents the
Company’s expectations as of the date hereof, and is subject to change after such date. The
Company disclaims any intention or obligation to update or revise any forward -looking
information whether as a result of new information, future events or otherwise, except as
required by applicable securities legislation.