Press Releases
DDC ANNOUNCES CLOSING OF BOUGHT DEAL FINANCING FOR AGGREGATE GROSS PROCEEDS OF $10,020,000
TORONTO, ONTARIO – March 25, 2019 – Further to its press releases dated March 6, 2019, 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”) underwritten by GMP Securities L.P., Canaccord Genuity Corp. and Echelon Wealth Partners Inc. (collectively, the “Underwriters”), pursuant to which the Company issued an aggregate of 8,350,000 units (the “Units”) of the Company, at the purchase price of $1.20 per Unit (the “Issue Price”), for aggregate gross proceeds of $10,020,000.
Read MoreDDC ANNOUNCES INCREASE TO BOUGHT DEAL FINANCING
TORONTO, March 6, 2019 – Drone Delivery Canada Corp. (“DDC” or the “Company”) (TSXV:FLT), is pleased to announce, further to its news release dated March 6, 2019, that due to strong demand, it has agreed to increase the size of its previously announced bought deal offering of units (the “Units”) at a price of $1.20 per Unit, from up to 6,000,000 Units for aggregate gross proceeds of up to $7,200,000 to up to 8,350,000 Units for aggregate gross proceeds of up to $10,020,000 (the “Offering”).
Read MoreDDC ANNOUNCES $7 MILLION BOUGHT DEAL FINANCING
TORONTO, ONTARIO – March 6, 2019 – Drone Delivery Canada Corp. (TSX.V:FLT – OTCQB: TAKOF) (“Drone Delivery” or the “Corporation”) announced today that it has entered into an agreement with GMP Securities L.P. (the “Underwriter”), pursuant to which the Underwriter has agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, 6,000,000 units (the “Units”) of the Corporation at a price of $1.20 per Unit (the “Offering Price”) for aggregate gross proceeds to Drone Delivery of $7,200,000 (the “Offering”).
Read MoreDDC APPOINTS MR. KEVIN SHERKIN TO THE BOARD OF DIRECTORS
Toronto, ON, February 25, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce the appointment of Mr. Kevin Sherkin to the Company’s Board of Directors.
Read MoreDDC RECOGNIZED AS A TOP 2019 TSX VENTURE 50 COMPANY
Toronto, ON, February 22, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce that is has been recognized by the TMX Group as a 2019 TSX Top Venture 50 Company ranking third in the Technology sector.
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