DDC ANNOUNCES CLOSING OF BOUGHT-DEAL OFFERING, INCLUDING THE FULL EXERCISE OF OVER-ALLOTMENT OPTION, FOR AGGREGATE GROSS PROCEEDS OF $9,257,500

TORONTO, ONTARIO – August 5, 2020 – Further to its press releases dated July 13, 2020 and July 14, 2020, Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the “Company”) is pleased to announce today that it has closed its previously announced bought-deal prospectus offering (the “Offering”) for aggregate gross proceeds of $9,257,500 which includes the full exercise of the over-allotment option.

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DDC ANNOUNCES COMMERCIAL AGREEMENT WITH GEORGINA ISLAND FIRST NATION FOR COVID-19 PROJECT

TORONTO, ONTARIO – July 30, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that with the assistance of its sales agent Air Canada (TSX: AC) and also the Pontiac Group, it has entered into a commercial agreement dated July 30, 2020 (the “Agreement”) with the Georgina Island First Nation (“GIFN”) to deploy DDC’s patented drone delivery solution to provide service to the GIFN community in Ontario.

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