Press Releases
DDC ANNOUNCES UPSIZED BOUGHT DEAL PUBLIC OFFERING TO $12.0 MILLION
TORONTO, Dec. 1, 2020 /CNW/ – Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (the “Company” or “DDC”) is pleased to announce that in connection with its previously announced bought deal public offering, the Company and a syndicate of investment dealers co-led by Cormark Securities Inc. and Echelon Wealth Partners Inc. (collectively, the “Underwriters”) have agreed to increase the size of the offering. The Company will now issue 13,640,000 Units (the “Units”) from the treasury of the Company, at a price of $0.88 per Unit for total gross proceeds of approximately $12,003,200 (the “Offering”).
Read MoreDDC ANNOUNCES $6.0 MILLION BOUGHT DEAL PUBLIC OFFERING
TORONTO, Nov. 30, 2020 /CNW/ – Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (the “Company” or “DDC”) is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and Echelon Wealth Partners Inc. (collectively, the “Underwriters”) pursuant to which the Underwriters have agreed to purchase 6,820,000 units (the “Units”) from the treasury of the Company, at a price of $0.88 per Unit and offer them to the public by way of short form prospectus for total gross proceeds of approximately $6,001,600 (the “Offering”).
Read MoreDDC ANNOUNCES LETTER OF INTENT WITH DRONES EXPRESS INC. FOR CONDOR PROJECT
TORONTO, ONTARIO – November 24th, 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), it has executed a Letter of Intent (“LOI”), effective November 23rd, 2020, with Drones Express Inc. (“DEI”), for an expected multi-year, multi-route, Condor project in Quebec.
Read MoreDDC ANNOUNCES UPDATE ON SUCCESSFUL ROBIN XL TESTING
TORONTO, ONTARIO – November 18th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to provide an update on ongoing successful testing of the Robin XL drone at the Company’s ‘Tranquility Base’ test range.
Read MoreDDC ANNOUNCES LETTER OF INTENT WITH CSC GROUP IN INDIA
TORONTO, ONTARIO – November 12th, 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), it has executed a Letter of Intent (“LOI”), with CSC DRONE AVIATION – a CSC Group Company, located in India, effective November 12th, 2020.
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