Press Releases

DDC GRANTS STOCK OPTIONS AND RELEASE OF SHARES FROM ESCROW

Drone Delivery Canada Corp. announces that it has granted an aggregate of 5,300,000 options to purchase common shares of the Company exercisable at a price of $1.80 per share for a period of five years, to certain officers, directors and consultants of the Company, in accordance with the terms of the Company’s stock option plan.

DDC RECEIVES $7 MILLION FROM WARRANT ACCELERATION

Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT OTC:TAKOF), is pleased to report the Company has received $7.0 Million from the exercise of warrants which the expiry was accelerated to February 23, 2018 as previously announced on January 24, 2018.

DDC ACHIEVES COMPLIANT OPERATOR STATUS WITH TRANSPORT CANADA

Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT OTC:TAKOF), is pleased to announce that Transport Canada has granted the Company a Compliant UAV Operator Special Flight Operations Certificate (SFOC).

DDC ANNOUNCES ACCELERATED EXPIRY OF WARRANTS

Drone Delivery Canada Corp. (TSXV: FLT) (the “Company”) announces that they have elected to accelerate the expiry of the remaining 12,009,935 common share purchase warrants (“Warrants”) of the Company which were issued pursuant to a private placement completed on February 28, 2017.

DDC COMMENCES TESTING ITS LARGER 25LBS CARGO DELIVERY DRONE NAMED THE RAVEN X1400

Drone Delivery Canada ‘DDC or the Company’ (TSX.V:FLT OTC:TAKOF), is pleased to announce that it will start testing its Raven X1400 cargo delivery drone in Q1 of 2018. The Raven X1400 delivery drone is engineered to provide pay load capacities of up to 25lbs and designed to fly approximately 60km.

DDC GRANTS STOCK OPTIONS

Toronto, ON, January 8, 2018 – Drone Delivery Canada Corp. (“DDC or the Company”) (TSXV:FLT OTC:TAKOF) announces that it has granted an aggregate of 2,020,000 options to purchase common shares of the Company exercisable at a price of $1.00 per share for a period of five years, to certain officers, directors and consultants of the Company,…

DDC TO COMMENCE TRADING ON THE TSX VENTURE EXCHANGE

Further to its press release dated December 18, 2017, Drone Delivery Canada Corp. (the “Company”) is pleased to announce that the Company has been accepted for listing on the TSX Venture Exchange (the “TSXV”) as a Tier 1 issuer, and its common shares will commence trading on December 27, 2017, on the TSXV under its existing symbol “FLT”.

DDC RECEIVES CONDITIONAL APPROVAL FROM THE TSX VENTURE EXCHANGE TO LIST ITS COMMON SHARES FOR TRADING

Drone Delivery Canada ‘DDC or the Company’ (CSE:FLT OTC:TAKOF), is pleased to announce that is has received conditional approval from the TSX Venture Exchange (the “Exchange”) to list its common shares for trading. The Company intends to issue an updating press release once a listing date has been determined. The Company’s stock symbol “FLT” will remain unchanged.

DDC ACHIEVES COMPLIANT UAV STATUS WITH TRANSPORT CANADA FOR ITS SPARROW CARGO DELIVERY DRONE

Drone Delivery Canada ‘DDC or the Company’ (CSE:FLT OTC:TAKOF), is pleased to announce that Transport Canada has accepted the Company’s Declaration of Compliance for the X1000 Sparrow cargo delivery drone. This unmanned aircraft system (UAS) is now compliant with the Transport Canada UAS standard.

DDC ANNOUNCES CLOSING OF BOUGHT DEAL FINANCING FOR AGGREGATE GROSS PROCEEDS OF $15,015,000

Further to its press releases dated October 5, 2017, Drone Delivery Canada Corp. (CSE: FLT) (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.