DDC ANNOUNCES APPOINTMENT OF MANISH ARORA AS CHIEF FINANCIAL OFFICER
TORONTO, ONTARIO – September 8th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce the appointment of Mr. Manish Arora as Chief Financial Officer (CFO) of the Company, effective September 8th, 2020.
DDC ANNOUNCES UPDATE ON SUCCESSFUL CONDOR TESTING 2
TORONTO, ONTARIO – September 1st, 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 the Condor drone from successful testing in Foremost, Alberta, Canada. The Company successfully tested numerous critical aspects of the Condor, including: triple-redundant communications system (satellite,…
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”):
DDC 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.
DDC 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.
DDC 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.
DDC 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.
DDC ANNOUNCES $5.0 MILLION BOUGHT DEAL OFFERING
TORONTO, July 13, 2020 TORONTO, July 13, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV:FLT) (OTC:TAKOF) (Frankfurt: ABB) (the "Company" or "DDC") is pleased to announce that it has entered into an agreement with Echelon Wealth Partners Inc. and Canaccord Genuity Corp., as co-lead underwriters, on behalf of a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 7,143,000 units (the "Units") of the Company at a price of $0.70per Unit (the "Issue Price") for gross proceeds of approximately $5.0 million (the "Offering").
DDC COMMENCES PROCESS FOR COMMERCIAL ENTRY INTO UNITED STATES MARKET
TORONTO, ONTARIO – July 9th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that it has commenced the process to enter the USA market as a drone delivery operator.
DDC SUCCESSFULLY COMPLETES PHASE TWO OF ITS “AED ON THE FLY” PROJECT
TORONTO, ONTARIO – July 6th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that on June 26th, 2020 it successfully completed Phase Two of its AED (Automated External Defibrillator) On The Fly project with Peel Region Paramedics and Sunnybrook Centre for Prehospital Medicine. Building on the success of Phase One of the study, the Company was able to demonstrate ease of use of its AED drone solution when provided to community responders in a simulated cardiac arrest scenario.
