Press Releases
DDC ANNOUNCES DELAY IN FILING INTERIM FINANCIAL STATEMENTS
TORONTO, CANADA – August 31, 2020 – Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (Frankfurt: A2AMGZ) (Frankfurt: ABB.F) (the “Company” or “DDC”) announces that it is relying on the exemption provided in Ontario Instrument 51-505 Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period from June 2 to August 31, 2020 (and similar exemptions provided by other Canadian securities regulators) (the “Ontario Instrument”) to postpone the filing of the following continuous disclosure documents (collectively, the “Documents”):
Read MoreDDC ANNOUNCES SUCCESSFUL IMPLEMENTATION OF SECOND ROUTE WITH DSV CANADA
TORONTO, ONTARIO – August 27, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce the successful implementation of its second cargo drone route with DSV Air & Sea Inc. Canada (“DSV”), using DDC’s drone delivery platform. The intent of the roll-out is for DSV to deliver various types of cargo, including healthcare related cargo, from a DroneSpotTM at DSV’s warehouse in Milton, Ontario to a DropSpot at RB (Reckitt Benckiser) in Milton, approximately 4km away. RB is a global producer of health, hygiene and home products.
Read MoreDDC 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.
Read MoreDDC 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.
Read MoreDDC ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED BOUGHT DEAL OFFERING
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.
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