Press Releases

DDC ANNOUNCES CLOSING OF PRIVATE PLACEMENT OFFERING FOR GROSS PROCEEDS OF $10,900,400

Drone Delivery Canada is pleased to announce, further to its news releases dated February 6, and February 23, 2017, that it has completed its previously announced private placement offering of special warrants (the “Special Warrants”), issuing an aggregate of 31,144,000 Special Warrants at a price of $0.35 per Special Warrant for aggregate gross proceeds of $10,900,400.

DDC ANNOUNCES INCREASE TO PRIVATE PLACEMENT OFFERING

Drone Delivery Canada Corp. (“DDC” or the “Company”) (CSE:FLT), is pleased to announce, further to its news release dated February 6, 2017, that due to strong demand, it has agreed to increase the size of its previously announced private placement offering of special warrants.

DDC ANNOUNCES $7 MILLION SPECIAL WARRANT FINANCING

Drone Delivery Canada Corp. (CSE:FLT), announces that it has entered into an engagement letter with GMP Securities L.P., (the “Agent”) for an offering on a fully marketed “best efforts” private placement basis of special warrants of the Company (the “Special Warrants”) at a price per Special Warrant of $0.35 for aggregate gross proceeds of approximately $7 million (the “Offering”).

DDC ADVANCES TOWARD COMPLIANT OPERATOR CERTIFICATE AT THE FIRST TRANSPORT CANADA APPROVED DRONE TEST RANGE

Drone Delivery Canada is pleased to announce it has formalized an agreement to expand its testing from the Waterloo region to now include a second province, namely, Foremost Alberta - Canada's first Transport Canada approved drone UAV test range in Canada.

DDC SIGNS AGREEMENT TO EXPAND DRONE LOGISTICS PLATFORM WITH NAPA AUTO PARTS IN CANADA

Drone Delivery Canada is pleased to announce it has entered into a commercial agreement with UAP Inc. (NAPA) – one of Canada’s largest automotive parts companies for testing of a drone delivery platform that looks to expand the logistic capabilities of UAP’s NAPA Auto Parts delivery activities nationwide.

DDC AND STAPLES TEAM UP FOR DRONE DELIVERY DEVELOPMENT, IMPLEMENTATION AND COMMERCIALIZATION

Drone Delivery Canada is pleased to announce it is working with Staples (NASDAQ – SPLS), the country’s leading provider of business solutions, to collaborate and explore the feasibility of developing, implementing and commercializing a drone delivery logistics platform for Staples’ commercial requirements nationwide in Canada.

DDC RECEIVES SPECIAL FLIGHT OPERATIONS CERTIFICATE FROM TRANSPORT CANADA

Drone Delivery Canada is pleased to report that it has received a Special Flight Operations Certificate from Transport Canada. The certificate now allows DDC the ability to advance its drone delivery technology and accelerated testing in the Canadian skies beginning with Southern Ontario.

DDC ANNOUNCES NEW FLIGHT ACHIEVEMENTS

Drone Delivery Canada is pleased to announce it has advanced its commercial testing and reports the Company has achieved positive results on its payload pickup and drop off capabilities utilizing its proprietary semi-autonomous auto-pilot system which enables automated take off, landings, way-point navigation and pre-programmed maneuvers to occur.

DDC ANNOUNCES COLLABORATION WITH CANADIAN RETAILER ON DEVELOPMENT OF LAST MILE SOLUTION BY DRONE

Drone Delivery Canada is pleased to announce it has entered into an agreement with a Canadian retailer, unnamed at this time, whereby the two organizations will explore a collaboration to introduce drone delivery services within the retailer’s logistics model.

DDC REPORTS ON COMMERCIAL FLIGHT TESTING

Drone Delivery Canada is pleased to report positive results from its initial commercial testing on its next generation drone logistics platform 4.0 which delivered positive results from test flights which occurred in Waterloo, ON with its Canadian university research partners.