Press Releases

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.

DDC ANNOUNCES 2ND COMMERCIAL AGREEMENT WITH DSV CANADA, INTENDED FOR HEALTHCARE CARGO DELIVERY

TORONTO, ONTARIO – June 22, 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 entered into a commercial agreement dated June 22, 2020 (the “Agreement”) with DSV Air & Sea Inc. Canada (“DSV”), the Canadian arm of the global transport and logistics company DSV Panalpina A/S, to deploy DDC’s drone delivery platform, with the intent for DSV to deliver healthcare related cargo from DSV’s warehouse in Milton, Ontario to DSV customers locally.

DDC ANNOUNCES NEW SPARROW FUNCTIONALITY – OPENS FURTHER MARKET OPPORTUNITIES

TORONTO, ONTARIO – June 10th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce new Sparrow functionality that opens further healthcare, commercial and residential use cases.

DDC ANNOUNCES COMMERCIAL AGREEMENT WITH GLOBALMEDIC FOR FIRST NATIONS COVID-19 PROJECT

TORONTO, ONTARIO – June 4th, 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 Air Canada (TSX: AC) and the Pontiac Group, it has entered into a commercial agreement dated June 4th, 2020 (the “Agreement”) with The David McAntony Gibson Foundation o/a GlobalMedic (“GM”) to deploy DDC’s patented drone delivery solution to provide service to the Beausoleil First Nation Community (“BFN”) in Ontario.

DDC UPDATE ON DSV PROJECT

TORONTO, ONTARIO – May 11th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: ABB.F) (the “Company” or “DDC”) is pleased to provide an update to the DSV Air & Sea Inc. Canada (“DSV”) commercially operational project.

DDC AWARDED ITS SECOND US PATENT FOR ITS PROPRIETARY DRONE DELIVERY TECHNOLOGY

Toronto, ON, April 21, 2020, Drone Delivery Canada (TSXV: FLT; OTC: TAKOF; Frankfurt: ABB.F) (the “Company” or “DDC”), is pleased to announce on April 21, 2020, the United States Patent Office granted DDC Patent 10,625,879 which covers aspects of DDC’s drone delivery technology and processes relating to controlled access zones for UAV landing and takeoff.

DDC ANNOUNCES PLANS TO ACCELERATE COMMERCIAL TESTING OF ITS HEAVY-LIFT, LONG-RANGE CARGO DELIVERY DRONE – THE CONDOR

Toronto, ON, April 14, 2020, Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: ABB.F) (the “Company” or “DDC”), is pleased to announce that it will begin the commercial testing of the Condor. The Condor has a lifting capability of 180kgs (400lbs) of payload, a travel range of 200kms and an operating speed of 120kph. The multi-package payload compartment is designed to carry approximately 20 cubic feet of cargo.