Bluedrop Announces Results of Annual and Special Meeting of Shareholders

ST. JOHN’S, Newfoundland and Labrador--()--Bluedrop Performance Learning ("Bluedrop" or the "Corporation") (TSX-V: BPLI) is pleased to announce that the shareholders have voted in favour of all items brought before them at the Corporation's annual and special meeting of shareholders held in Halifax, Nova Scotia on March 10, 2020 (the "Meeting").

At the Meeting, the shareholders re-elected Emad Rizkalla, Derrick Rowe, Andrew Youngman, Paul Sparkes and Tom Astle as directors of Bluedrop to hold office until their successors are duly elected or appointed. In addition, the shareholders approved the reappointment of KPMG LLP as auditor of Bluedrop until the next annual meeting of shareholders or until a successor is appointed and authorized the directors of Bluedrop to fix the auditor’s remuneration.

At the Meeting, the shareholders also approved by way of an amendment to the articles of the Corporation a change in the name of the Corporation from Bluedrop Performance Learning Inc. to BPLI Holdings Inc.

The Board of Directors has re-appointed Mr. Derrick Rowe as Executive Chairman of the Board and confirmed the continuation of Mr. Emad Rizkalla as President and Chief Executive Officer and Mr. Brad Driscoll as Chief Financial Officer.

The Board of Directors would like to thank the shareholders for their ongoing support.

About Bluedrop

Bluedrop Performance Learning Inc. (TSX-V: BPLI) is an innovator in both the development of workplace e-learning and simulation as well as the way large organizations deliver, track and manage training. Our two divisions serve the world’s leading aerospace and defence organizations as well as broad cross sections of organizations focused on managing system wide health and safety and developing the skills of external workforces. Bluedrop is creating the workforce of the future by improving the effectiveness, speed and cost of training delivery and management. For more information, visit www.bluedrop.com. You can follow us on Twitter: @Bluedrop_BPL.

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.

Contacts

Bernie Beckett
Treasurer and Corporate Secretary
Bluedrop Performance Learning Inc.
berniebeckett@bluedrop.com
Phone: 709-739-4938

Contacts

Bernie Beckett
Treasurer and Corporate Secretary
Bluedrop Performance Learning Inc.
berniebeckett@bluedrop.com
Phone: 709-739-4938