DDC SUPPORTS NEW RULES FOR RECREATIONAL DRONES

Drone Delivery Canada Corp. would like to applaud the federal government’s announcement today that it will be taking steps to protect Canadians from reckless drone use by introducing new rules that take effect immediately on the operators of model aircraft and recreational drones of more than 250 g and up to 35 kg.

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DDC ANNOUNCES CLOSING OF PRIVATE PLACEMENT OFFERING FOR GROSS PROCEEDS OF $10,900,400

Drone Delivery Canada is pleased to announce, further to its news releases dated February 6, and February 23, 2017, that it has completed its previously announced private placement offering of special warrants (the “Special Warrants”), issuing an aggregate of 31,144,000 Special Warrants at a price of $0.35 per Special Warrant for aggregate gross proceeds of $10,900,400.

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DDC ANNOUNCES INCREASE TO PRIVATE PLACEMENT OFFERING

Drone Delivery Canada Corp. (“DDC” or the “Company”) (CSE:FLT), is pleased to announce, further to its news release dated February 6, 2017, that due to strong demand, it has agreed to increase the size of its previously announced private placement offering of special warrants.

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DDC ANNOUNCES $7 MILLION SPECIAL WARRANT FINANCING

Drone Delivery Canada Corp. (CSE:FLT), announces that it has entered into an engagement letter with GMP Securities L.P., (the “Agent”) for an offering on a fully marketed “best efforts” private placement basis of special warrants of the Company (the “Special Warrants”) at a price per Special Warrant of $0.35 for aggregate gross proceeds of approximately $7 million (the “Offering”).

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