Asher Resources Corporation (“Asher” or the “Company”) announced today that it has entered into an amalgamation agreement with 2500527 Ontario Ltd., a wholly-owned subsidiary of Asher (“Asher Subco”), and Drone Delivery Canada Inc. (“DDC”) dated January 19, 2016.
Asher Resources Corporation (TSX-V ACN) has entered into a non-binding letter of intent with Drone Delivery Canada Inc. whereby Asher and DDC have agreed to merge their respective businesses resulting in a reverse takeover of Asher by DDC and change of business of Asher from a mining issuer to a technology issuer.
Drone Delivery Canada (DDC) a Canadian drone delivery services provider pioneering drone delivery technology in Canada has been selected by SHOP.CA to utilize its drone delivery technology. This relationship will provide next generation UAV (unmanned aerial vehicle) logistic services to its Canadian customers.
Drone Delivery Canada a Canadian drone delivery services provider which is pioneering drone delivery technology in Canada has commercially launched. Drone Delivery Canada’s founding partners include Tony and Paul Di Benedetto, two Canadian technology entrepreneurs who have collectively founded and operated several technology assets in Canada in the; Technology, Communications and Internet sectors.