SYS-CON MEDIA Authors: Elizabeth White, Pat Romanski, Esmeralda Swartz, Kevin Jackson, Glenn Rossman

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DAK Investments Corp. Acquires Securities of Blackline GPS

EDMONTON, ALBERTA -- (Marketwired) -- 02/18/14 -- DAK Investments Corp. ("DAK") announces that it has acquired 1,304,348 units ("Units") of Blackline GPS Corp. ("Blackline") at a price of $1.15 per Unit pursuant to a non-brokered private placement of Units completed by Blackline on February 12, 2014 (the "Offering"). Each Unit is comprised of one common share in the capital of the Corporation (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one Common Share for a period of 48 months following the date of issuance at an exercise price of $1.40 per share.

The 1,304,348 Common Shares issued to DAK pursuant to the Offering represent approximately 6.3% of the outstanding Common Shares, on a non-diluted basis. If the Warrants acquired pursuant to the Offering are exercised in full, the 1,304,348 Common Shares issued, together with the initial 1,304,348 Common Shares acquired in connection with the Offering, would total 2,608,696 Common Shares, representing approximately 11.8% of the outstanding Common Shares of Blackline (assuming no other Common Shares, other than the Common Shares issuable on exercise of the Warrants owned by DAK, had been issued from the date hereof). Prior to the completion of the Offering, DAK and other companies under common control and direction, beneficially owned and controlled an aggregate of 3,673,000 Common Shares and 1,600,000 warrants (the "Prior Warrants") to purchase Common Shares. If the Warrants acquired pursuant to the Offering and the Prior Warrants previously owned by DAK were each exercised in full, DAK (including companies under common control and direction) would beneficially own and control an aggregate of 7,881,696 Common Shares (including the 1,304,348 Common Shares acquired pursuant to the Offering), representing approximately 33.4% of the outstanding Common Shares of Blackline (assuming no other Common Shares, other than the Common Shares issuable on exercise of the Warrants and Prior Warrants owned by DAK had been issued from the date hereof).

DAK acquired the securities of Blackline referred to herein for investment purposes. DAK may, in the future, increase or decrease its ownership of securities of Blackline, directly or indirectly, from time to time depending upon, among other things, the business and prospects of Blackline and future market conditions.

In connection with the completion of the Offering, DAK has been provided the right to nominate a mutually agreeable individual to serve on the board of directors of Blackline, subject to customary conditions and approvals, including maintaining a significant equity interest in Blackline.

An early warning report for DAK will be filed on SEDAR at www.sedar.com.

Contacts:
DAK Investments Corp.
1702 - 10104 103 Avenue
Edmonton, Alberta T5J 0H8

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