Press Releases

DDC ANNOUNCES UPDATE ON HEALTHCARE PROJECTS

TORONTO, ONTARIO – JANUARY 20th, 2021 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to provide an update on its healthcare related activities.

DDC ANNOUNCES NO MATERIAL CHANGE

TORONTO, ONTARIO – January 15, 2021 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company”) is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada to comment on recent trading activity of its common shares. The Company announces that it is not aware of any material undisclosed developments and has no material information or change to report, at this time. The Company will keep the market informed as required.

DDC ANNOUNCES CLOSING OF BOUGHT-DEAL OFFERING, INCLUDING THE FULL EXERCISE OF OVER-ALLOTMENT OPTION, FOR AGGREGATE GROSS PROCEEDS OF $13,803,680

TORONTO, ONTARIO – December 22, 2020 – Further to its press releases dated November 30, 2020 and December 1, 2020, 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”) for aggregate gross proceeds of $13,803,680 which includes the full exercise of the over-allotment option.

DDC ANNOUNCES LETTER OF INTENT WITH IDP GROUP INC.

TORONTO, ONTARIO – December 15th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that, with the assistance of its sales agent Air Canada (TSX: AC), it has executed a non-binding Letter of Intent (“LOI”), effective December 14th, 2020, with IDP Group Inc. (“IDP”).

DDC ANNOUNCES LETTER OF INTENT WITH OVERSEAS EXPRESS CONSOLIDATORS INC.

TORONTO, ONTARIO – December 10th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT;  OTC: TAKOF;  Frankfurt:  A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that, with the assistance of its sales agent Air Canada  (TSX: AC), it has executed a non-binding Letter of Intent (“LOI”), effective December 9th, 2020, with Overseas Express Consolidators Inc. (“OEC”).

DDC ANNOUNCES LETTER OF INTENT WITH APPLE EXPRESS COURIER LTD

TORONTO, ONTARIO – December 3rd, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that, with the assistance of its sales agent Air Canada (TSX: AC), it has executed a Letter of Intent (“LOI”), effective December 3rd, 2020, with Apple Express Courier Ltd.

DDC ANNOUNCES UPSIZED BOUGHT DEAL PUBLIC OFFERING TO $12.0 MILLION

TORONTO, Dec. 1, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (the "Company" or "DDC") is pleased to announce that in connection with its previously announced bought deal public offering, the Company and a syndicate of investment dealers co-led by Cormark Securities Inc. and Echelon Wealth Partners Inc. (collectively, the "Underwriters") have agreed to increase the size of the offering. The Company will now issue 13,640,000 Units (the "Units") from the treasury of the Company, at a price of $0.88 per Unit for total gross proceeds of approximately $12,003,200 (the "Offering").

DDC ANNOUNCES $6.0 MILLION BOUGHT DEAL PUBLIC OFFERING

TORONTO, Nov. 30, 2020 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF) (the "Company" or "DDC") is pleased to announce that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc. and Echelon Wealth Partners Inc. (collectively, the "Underwriters") pursuant to which the Underwriters have agreed to purchase 6,820,000 units (the "Units") from the treasury of the Company, at a price of $0.88 per Unit and offer them to the public by way of short form prospectus for total gross proceeds of approximately $6,001,600 (the "Offering").

DDC ANNOUNCES LETTER OF INTENT WITH DRONES EXPRESS INC. FOR CONDOR PROJECT

TORONTO, ONTARIO – November 24th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to announce that, with the assistance of its sales agent Air Canada (TSX: AC), it has executed a Letter of Intent (“LOI”), effective November 23rd, 2020, with Drones Express Inc. (“DEI”), for an expected multi-year, multi-route, Condor project in Quebec.

DDC ANNOUNCES UPDATE ON SUCCESSFUL ROBIN XL TESTING

TORONTO, ONTARIO – November 18th, 2020 – Drone Delivery Canada Corp. (TSXV: FLT; OTC: TAKOF; Frankfurt: A2AMGZ or ABB.F) (the “Company” or “DDC”) is pleased to provide an update on ongoing successful testing of the Robin XL drone at the Company’s ‘Tranquility Base’ test range.