January 5, 2022

DRONE DELIVERY CANADA ANNOUNCES AMALGAMATION

TORONTO, ONTARIO – January 5, 2022 – Drone Delivery Canada Corp. (TSXV: FLT; OTC QX: TAKOF; Frankfurt:  A2AMGZ or ABB.F) (the “Company”) announces that it has completed an amalgamation with its wholly-owned subsidiary, 1336099 B.C. Ltd. (formerly, Drone Delivery Canada Inc.), effective January 1, 2022. The amalgamated entity will continue under the name “Drone Delivery Canada Corp.” and its trading symbols will remain unchanged.

 

About Drone Delivery Canada Corp.

Drone Delivery Canada Corp. is an ISO 9001 certified, award-winning drone technology company focused on the design, development, and implementation of its proprietary logistics software platform, using drones. The Company’s platform is used as a Software as a Service (SaaS) model for government and corporate organizations globally.

 

Drone Delivery Canada Corp. is a publicly listed company trading on the TSX.V Exchange under the symbol FLT, on the U.S. OTC QX market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ or ABB.F.

 

Read more at: www.DroneDeliveryCanada.com or on DDC’s social media:

https://www.linkedin.com/company/drone-delivery-canada

https://www.youtube.com/dronedeliverycanada

https://www.facebook.com/dronedeliverycanada

https://www.instagram.com/dronedeliverycanada

https://twitter.com/DroneDeliveryCa

 

For further information:

Investor Relations: Mr. Michael Zahra, President & Chief Executive Officer, and Mr. Bill Mitoulas, Telephone: (416) 479-9547, Email: billm@dronedeliverycanada.com;

Media Relations: Mr. Nelson Hudes, Hudes Communications International, Telephone: (905) 660-9155, Email: nelson@hudescommunications.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Notice Regarding Forward Looking Information

Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as “expect,” “may,” “can,” “believe,” “forecast,” “estimate,” “goal,” “target,” “will,” and other similar expressions, and variations or negatives of these words or phrases. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, market acceptance, and dependence upon regulatory approvals (both in Canada and internationally). Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward looking information. Except as may be required by applicable securities law, the parties undertake no obligation to update forward-looking information, whether as a result of new information, future events or otherwise.