Press Releases

DDC APPOINTS MICHAEL ZAHRA AS CEO, DIRECTOR AND APPOINTS VIJAY KANWAR TO THE BOARD

Toronto, ON, June 10, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC – NASDAQ INTL:TAKOF), is pleased to announce that it has made changes to its management team as it continues with its commercial execution strategy and adds strategic members to the Board.

DDC RECEIVES NASDAQ INTERNATIONAL DESIGNATION

Toronto, Ontario – June 6, 2019 – Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the “Company”) is pleased to announce that the Company has been admitted to the Nasdaq Stock Market’s International Designation program effective June 6, 2019 under the symbol “OTC – Nasdaq Intl: TAKOF”.

DDC ANNOUNCES COMMERCIAL AGREEMENT WITH AIR CANADA

TORONTO, ONTARIO – June 4, 2019 –Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the “Company” or “DDC”) is pleased to announce that it has entered into an agreement (the “Agreement”) with Air Canada (TSX:AC) (“AC”) effective May 29, 2019 whereby Air Canada Cargo will market and sell DDC’s drone delivery services in Canada using Air Canada Cargo’s marketing and sales platforms and resources.

DDC ANNOUNCES RESIGNATION OF DIRECTOR

TORONTO, ONTARIO – May 1, 2019 –Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the “Company”) announces that Spencer Todd tendered his resignation as a Director of the Company effective April 29, 2019 due to a conflict of interest.

DDC ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION FOR ADDITIONAL GROSS PROCEEDS OF $482,352

TORONTO, ONTARIO – April 12, 2019 – Further to its press release dated March 6, 2019 and March 25, 2019, Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the “Company”) is pleased to announce that in connection with its previously announced bought-deal prospectus offering (the “Offering”) underwritten by GMP Securities L.P.

DDC APPOINTS MR. SPENCER TODD TO THE BOARD OF DIRECTORS

Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (“DDC” or the “Company”) is pleased to announce the appointment of Mr. Spencer Todd to the Company's board of directors (the “Board”).

DDC TO PURSUE EIGHT ADDITIONAL BUSINESS VERTICALS OF DELIVERY BY DRONE

Toronto, ON, APRIL 2, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce as the Company moves to commercial operations and revenue generation in 2019 in remote Canada and rural Canadian communities, that DDC will also be immediately pursuing eight additional business verticals where the Company sees great growth opportunities.

DDC APPOINTS DUNCAN CARD TO THE ADVISORY BOARD

Toronto, ON, March 27, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce that Duncan Card, B.A., LL.B., LL.M., ICD.D, has agreed to join DDC’s Advisory Board.Mr. Card is a Senior Partner at the prestigious Canadian law firm of Bennett Jones LLP, where he Co-Chairs the Technology Law practice and Chairs its Government Contracting, Procurement and Intelligent Infrastructure practices from that firm's Toronto and Ottawa offices.

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.

DDC 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").