Press Releases

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.

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").

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”).

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.

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.

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.

Toronto, ON, February 7, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce it will be unveiling DDC’s 180 kgs payload cargo delivery drone, ‘The Condor’ at the Toronto Stock Exchange, in the TMX Gallery located on the ground floor of 130 King St. West, Toronto, Ontario on February 19, 2019.

Toronto, ON, February 5, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce that it will be launching its commercial operations in a 16,000 square foot facility located in Vaughan, Ontario Canada as commercial operations commence in 2019.

Toronto, ON, January 30, 2019, Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT, OTC:TAKOF), is pleased to announce that it has commenced testing its newest cargo delivery drone, ‘The Falcon’ with a lifting capability of 50 pounds of payload and a travel range of 60km.

Drone Delivery Canada 'DDC or the Company' (TSX.V:FLT, OTC:TAKOF), is pleased to announce it has submitted its Expression of Interest to participate in Transport Canada's National Trade Corridors Fund (NTCF) for a total request of $12 million dollars to deploy DDC's drone delivery solution in two remote locations.