Press Releases

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.

DDC TO TRADE ON THE CANADIAN SECURITIES EXCHANGE

Drone Delivery Canada Corp. (the “Company”) (CSE: FLT) is pleased to announce that the Company has listed its securities on the Canadian Securities Exchange and its common shares will commence trading on June 16, 2016. The Company’s trading symbol will be “FLT”.

DDC (FORMERLY ASHER RESOURCES CORPORATION) ANNOUNCES COMPLETION OF TRANSACTION WITH DDC

Asher Resources Corporation (the "Company" or "Asher") is pleased to announce that it has completed the amalgamation transaction (the "Transaction") with Drone Delivery Canada Inc. ("Drone"), effective June 6, 2016.

ASHER RESOURCES AND DRONE DELIVERY CANADA SHAREHOLDERS APPROVE AMALGAMATION

Asher Resources Corporation and Drone Delivery Canada Inc. are pleased to announce that at each of Drone’s and the Company’s meetings of shareholders held on May 25, 2016 and May 31, 2016, respectively, the respective shareholders overwhelmingly approved the proposed business combination of the Company with Drone (the “Transaction”) pursuant to the terms of an amalgamation agreement between Drone and 2500527 Ontario Ltd.

ASHER ANNOUNCES CLOSING OF $2.75 MILLION SUBSCRIPTION RECEIPT PRIVATE PLACEMENT

Toronto, Ontario - Asher Resources Corporation (the "Company") is pleased to announce that it has completed its previously announced private placement led by First Republic Capital Corporation (the "Agent").

DDC AND THE CITY OF VAUGHAN ENTER INTO A MEMORANDUM OF UNDERSTANDING – DEVELOPING DRONE DELIVERY SERVICE PILOT PROGRAM

Drone Delivery Canada (DDC or the Company) is pleased to announce it has entered into a Memorandum of Understanding with the City of Vaughan and its Vaughan International Commercialization Centre (VICC) whereby DDC looks to develop a drone delivery service in the form of a pilot program for the City’s local businesses network, believed to be the first of its kind in Canada.

ASHER ANNOUNCES $2.5 MILLION SUBSCRIPTION RECEIPT PRIVATE PLACEMENT

Asher Resources Corporation (the “Company”) announces that it has retained First Republic Capital Corporation (the “Agent”) to act as agent in connection with a best efforts brokered private placement to raise gross proceeds of up to $2,500,000 through the issuance of up to 17,857,142 subscription receipts of the Company (the “Subscription Receipts”) at a price of $0.14 per Subscription Receipt (the “Offering”).

ASHER SIGNS DEFINITIVE AGREEMENT FOR AMALGAMATION WITH DDC

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 ANNOUNCES CHANGE OF BUSINESS AND EXECUTION OF NON-BINDING LETTER OF INTENT WITH DDC

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.