Posts by WPMD

TORONTO, July 14, 2020 /CNW/ – Drone Delivery Canada Corp. (TSXV: FLT)(OTC: TAKOF)(Frankfurt: ABB) (the “Company” or “DDC”) is pleased to announce that it has amended its agreement with Echelon Wealth Partners Inc. and Canaccord Genuity Corp., as co-lead underwriters, on behalf of a syndicate of underwriters including Cormark Securities Inc. (the “Underwriters”), to increase the size of the previously announced bought deal offering from approximately $5,000,000 to $8,050,000, plus an over-allotment option which, if fully exercised, increases the size of the bought deal to $9,257,500.

TORONTO, July 13, 2020 TORONTO, July 13, 2020 /CNW/ – Drone Delivery Canada Corp. (TSXV:FLT) (OTC:TAKOF) (Frankfurt: ABB) (the “Company” or “DDC”) is pleased to announce that it has entered into an agreement with Echelon Wealth Partners Inc. and Canaccord Genuity Corp., as co-lead underwriters, on behalf of a syndicate of underwriters (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 7,143,000 units (the “Units”) of the Company at a price of $0.70per Unit (the “Issue Price”) for gross proceeds of approximately $5.0 million (the “Offering”).