Press Releases

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").

DDC ANNOUNCES $7 MILLION BOUGHT DEAL FINANCING

TORONTO, ONTARIO – March 6, 2019 – Drone Delivery Canada Corp. (TSX.V:FLT – OTCQB: TAKOF) (“Drone Delivery” or the “Corporation”) announced today that it has entered into an agreement with GMP Securities L.P. (the “Underwriter”), pursuant to which the Underwriter has agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, 6,000,000 units (the “Units”) of the Corporation at a price of $1.20 per Unit (the “Offering Price”) for aggregate gross proceeds to Drone Delivery of $7,200,000 (the “Offering”).

DDC APPOINTS MR. KEVIN SHERKIN TO THE BOARD OF DIRECTORS

Toronto, ON, February 25, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce the appointment of Mr. Kevin Sherkin to the Company’s Board of Directors.

DDC RECOGNIZED AS A TOP 2019 TSX VENTURE 50 COMPANY

Toronto, ON, February 22, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce that is has been recognized by the TMX Group as a 2019 TSX Top Venture 50 Company ranking third in the Technology sector.

DDC UNVEILS ITS LARGEST AND FARTHEST RANGE CARGO DELIVERY DRONE, THE ‘CONDOR’

TORONTO, February 19, 2019 -- Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT,OTC: TAKOF), today unveiled its largest cargo and farthest range delivery drone, ‘The Condor’. 'The Condor' was displayed at public and investor launch events at the TMX Broadcast Centre Gallery in Toronto.