DDC ANNOUNCES CLOSING OF BOUGHT-DEAL OFFERING, INCLUDING THE FULL EXERCISE OF OVER-ALLOTMENT OPTION, FOR AGGREGATE GROSS PROCEEDS OF $13,803,680
TORONTO, ONTARIO – December 22, 2020 – Further to its press releases dated November 30, 2020 and December 1, 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 $13,803,680 which includes the full exercise of the over-allotment option.
Read MoreUpdate: Drone Delivery Canada seeks partner for US beyond visual line of sight operations Janes
Drone Delivery Canada (DDC) seeks a partner that would license and operate its unmanned aerial vehicle (UAV) logistics solution model for beyond visual line of sight (BVLOS) operations in the United States. Michael Zahra, company president and CEO, told Janes on 17 November that the company sought an airline or a logistics agency as its ideal partner.
Read MoreDDC ANNOUNCES LETTER OF INTENT WITH IDP GROUP INC.
TORONTO, ONTARIO – December 15th, 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 non-binding Letter of Intent (“LOI”), effective December 14th, 2020, with IDP Group Inc. (“IDP”).
Read MoreApproved to Carry
Approved to carry with clear approval requirements and business cases, the rollout of fully autonomous cargo aircraft has begun already
Read MoreDDC ANNOUNCES LETTER OF INTENT WITH OVERSEAS EXPRESS CONSOLIDATORS INC.
TORONTO, ONTARIO – December 10th, 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 non-binding Letter of Intent (“LOI”), effective December 9th, 2020, with Overseas Express Consolidators Inc. (“OEC”).
Read More