Zedcor Inc. Announces Election of Directors and Grant of Stock Options

Calgary, Alberta–(Newsfile Corp. – May 24, 2024) – Zedcor Inc. (TSXV: ZDC) (the “Business” Or “Zedcor“) announces that the following persons were elected directors at the annual meeting of shareholders of the Company, held on May 23, 2024:

Wade Felesky
Brian McGill
Dean Swanberg
Dean Shillington
Todd Ziniuk

The Company also announces today that options to purchase 2,150,000 shares of the Company’s common stock have been granted to non-executive directors Wade Felesky, Brian McGill, Dean Swanberg and Dean Shillington, as well as to the company’s corporate secretary. the Company, at the exercise price of $1.25. per share. The options were granted under the Company’s 10% rolling stock option plan and will expire five years from the date of grant. All options will vest one third on each of the first, second and third anniversaries of the grant date.

About Zedcor Inc.

Zedcor Inc., a Canadian public company, is a technology company changing the way physical security services are delivered to businesses. Zedcor operates across Canada with equipment and service centers in British Columbia, Alberta, Manitoba and Ontario. The Company also operates in Texas with a MobileyeZ^TM an assembly plant in Houston and equipment and service centers in Houston, with plans to expand to Dallas, Austin, San Antonio and West Texas by the end of the year. The company provides three main service offerings to its customers across all market segments: 1) live monitoring and surveillance through its proprietary MobileyeZ system.^TM security towers; 2) live monitoring and control of fixed site locations; and 3) security personnel.

The company operates a fleet of more than 950 MobileyeZ owners^TM security towers, equipped with high-resolution technological cameras, and monitors numerous fixed sites for clients in various sectors. Video from security towers and fixed sites is streamed to the company’s central monitoring station where video alarms are verified live and processed according to customer requirements. Zedcor also offers high-level security guard services to enterprise clients who want to supplement video security for valuable, high-risk, or mission-critical operational assets.

For more information contact:

Todd Ziniuk
General manager
P: (403) 930-5430
E: [email protected]

Amin Ladha
Financial director
P: (403) 930-5430
E: [email protected]

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210578