Archive for October 2017
DDC ANNOUNCES CLOSING OF BOUGHT DEAL FINANCING FOR AGGREGATE GROSS PROCEEDS OF $15,015,000
Further to its press releases dated October 5, 2017, Drone Delivery Canada Corp. (CSE: FLT) (the “Company”) is pleased to announce today that it has closed its previously announced bought-deal prospectus offering (the “Offering”) underwritten by GMP Securities L.P.
Read MoreFirst Nation in Ontario using drones to help lower costs, create jobs
Moose Cree First Nation has teamed up with Toronto-based Drone Delivery Canada to see if the self-flying aircraft can reduce the time and expense of bringing food, medicine and other supplies to the remote community.
Read MoreDDC AND WOLSELEY CANADA SIGN AGREEMENT FOR DRONE DELIVERY DEVELOPMENT
Drone Delivery Canada (CSE:FLT OTC:TAKOF), is pleased to announce it has signed an agreement with Wolseley Canada Inc. to collaborate on the potential implementation of a drone delivery solution to expand Wolseley Canada’s distribution capabilities.
Read MoreRemote northern Ontario First Nation to begin getting drone delivery
Patricia Faries is hoping drones will help reduce the price of goods in her community of Moose Cree First Nation. The chief of the remote community on the island of Moose Factory in northern Ontario says the cost of living is high because of the extra effort it take to transport goods there.
Read MoreToronto company to use drones to deliver necessities in remote Ontario community
A Toronto tech company is about to start testing drone deliveries to a remote First Nation community in Northern Ontario, in the first endeavour of this kind in Canada. Drone Delivery Canada (DDC) and Moose Cree First Nation announced Oct. 4 that they had reached an agreement to start a commercial program aimed at enabling shipments of items like mail, food, and medical supplies via drone.
Read More