News, events about Drone Delivery Canada CSE:FLT

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3 months 2 weeks ago #122514 by lynnsa10
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
New video out and gives excellent insight into the potential of FLT

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3 months 2 weeks ago #122513 by RonS
RonS replied the topic: News, events about Drone Delivery Canada CSE:FLT
Moz, I think buying the stock is a far better deal than the warrants. Currently the warrants are about 70 cents out of the money selling at about 20 cents. For 40 cents more you can own the stock. The stock has to go up over 40 cents for the warrants to have any value. I will do a calculation example and post it later


Effective at the opening, Monday, April 1, 2019, the common share purchase warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as a technology company.

Corporate jurisdiction: Ontario

Capitalization: up to 4,945,288 warrants created and authorized, of which 4,175,000 are issued and outstanding

Transfer agent: Computershare Trust Company of Canada

Trading symbol: FLT.WT

Cusip No.: 26210W142

These warrants were issued under a warrant indenture dated March 25, 2019, pursuant to the company's short form prospectus dated March 20, 2019. Each warrant entitles the holder to purchase one common share of the company at a price of $1.50 (Canadian) per share until March 25, 2021.

If, at any time prior to March 25, 2021, the volume weighted average trading price of the common shares on the TSX Venture Exchange equals or exceeds $2 (Canadian) for 10 consecutive trading days, the company may, within 10 days of the occurrence of such event, provide written notice to the holders of the warrants and the warrant agent, supplemented by way of a news release, accelerating the expiry date of the warrants from the warrant expiry date to the date that is 30 days following the date of such notice. Any unexercised warrants will automatically expire on the accelerated expiry date in accordance with the warrant indenture.

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3 months 2 weeks ago #122512 by alexgreat
alexgreat replied the topic: News, events about Drone Delivery Canada CSE:FLT
News out after the market

2019-04-02 16:26 ET - News Release


Mr. Michael Zahra reports

DRONE DELIVERY CANADA TO PURSUE EIGHT ADDITIONAL BUSINESS VERTICALS OF DELIVERY BY DRONE

As Drone Delivery Canada Corp. moves to commercial operations and revenue generation in 2019 in remote Canada and rural Canadian communities, the company will also be immediately pursuing eight additional business verticals where the company sees great growth opportunities.

In 2019, Drone Delivery Canada will also be actively pursuing opportunities in eight other additional verticals that include health care, pharmaceuticals, oil and gas, mining, agriculture, forestry, construction, and courier companies.

Additionally, Drone Delivery Canada has released a promotional video that focuses on the company's commercialization and highlights the need and opportunity in the areas that Drone Delivery Canada is additionally pursuing.

The video comprises of a six-minute film with three interviews with Michael Zahra, senior vice-president of operations and strategy for Drone Delivery Canada, Tim Strauss, vice-president of Air Canada Cargo, who sits on the advisory board of Drone Delivery Canada, along with Deepak Chopra, former chief executive officer of Canada Post, who is also a member of Drone Delivery Canada's advisory board.

"The opportunities in front of us are not only with the many Canadian first nations and Inuit remote communities, but also with a broad range of government, commercial and industrial applications globally. We are also seeing an increase in traction with our international customers globally as our drone delivery system continues to be validated globally. Our proven system is seen as a commercially viable delivery infrastructure solution to companies looking to reduce costs and dramatically improve logistics," commented Mr. Zahra.

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3 months 2 weeks ago #122511 by Gambler
Gambler replied the topic: News, events about Drone Delivery Canada CSE:FLT

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3 months 2 weeks ago #122507 by mozrep
mozrep replied the topic: News, events about Drone Delivery Canada CSE:FLT
Ron - Do you have any info on the warrants that started trading? any suggestions?

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3 months 2 weeks ago #122505 by GoldnBoy
GoldnBoy replied the topic: News, events about Drone Delivery Canada CSE:FLT
market depth, not too many sellers

Attachments:

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3 months 2 weeks ago #122504 by lynnsa10
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
Great report Ron. a recent interview on Youtube

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3 months 2 weeks ago #122503 by RonS
RonS replied the topic: News, events about Drone Delivery Canada CSE:FLT
My latest report is available in free sample section or directly here

www.playstocks.net/images/sampledata/Member2018/Dec17-PMGI.pdf

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3 months 3 weeks ago #122485 by GoldnBoy
GoldnBoy replied the topic: News, events about Drone Delivery Canada CSE:FLT
FLT has been bolstering their management team quite a bit of late.

2019-03-27 08:27 ET - News Release


Mr. Richard Buzbuzian reports

DRONE DELIVERY CANADA APPOINTS MR. DUNCAN CARD TO THE ADVISORY BOARD

Duncan Card, BA, LLB, LLM, ICD.D, has agreed to join Drone Delivery Canada Corp.'s advisory board.

Mr. Card is a Senior Partner at the prestigious Canadian law firm of Bennett Jones LLP, where he Co-Chairs the Technology Law practice and Chairs its Government Contracting, Procurement and Intelligent Infrastructure practices from that firm's Toronto and Ottawa offices. The National Post, includes Duncan in its recently published 2019 rankings, "Best Lawyers in Canada" (Technology Law). The 2019 Canadian Legal Lexpert rankings, based on peer reviews, has included Duncan as one of Canada's leading lawyers in both Computer Law and Technology Law for the last 15 years. In 2018, Duncan was also named by Lexpert Magazine and Canadian Council For Public-Private Sector Partnerships as one of Canada's leading infrastructure lawyers.

Duncan brings to Drone Delivery a wealth of experience and expertise concerning complex, innovative and strategic commercial transactions, including technology driven infrastructure solutions, defense and national security matters, logistics and supply-chain management, and the commercialization of transformative technologies, as well as the development of business strategies to drive revenue generation and commercial growth.

"I am extremely pleased and honored to join Drone Delivery Canada's Advisory Board, where I look forward to participating in the company's continued revenue development, aggressive commercialization strategies and expedited market success", said Mr. Card. Mr. Card will begin his Advisory Board activities on March 27, 2019.

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4 months 1 week ago #122358 by Gambler
Gambler replied the topic: News, events about Drone Delivery Canada CSE:FLT
Now we know why the stock has been down here.

TORONTO, March 6, 2019 /CNW/ - Drone Delivery Canada Corp. (TSX.V:FLT – OTCQB: TAKOF) ("Drone Delivery" or the "Corporation") announced today that it has entered into an agreement with GMP Securities L.P. (the "Underwriter"), pursuant to which the Underwriter has agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, 6,000,000 units (the "Units") of the Corporation at a price of $1.20 per Unit (the "Offering Price") for aggregate gross proceeds to Drone Delivery of $7,200,000 (the "Offering"). Each unit shall consist of one common share and one half common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one common share at a price of $1.50 until 24 months after the Closing Date. If the volume weighted average price of the Common Shares on the TSXV is equal to or greater than $2.00 for a period of 10 consecutive trading days then the Company may anytime thereafter accelerate the expiry date of the Warrants to the date that is 30 days following the date on which the Company issues notice to all the Warrant holders of the new expiry date. The Company will also issue a press release on the same date as it issues notice confirming the new expiry date of the Warrants.

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4 months 3 weeks ago #122246 by alexgreat
alexgreat replied the topic: News, events about Drone Delivery Canada CSE:FLT
NASA to test advanced traffic control system for cities

www.digitaltrends.com/cool-tech/nasa-tes...ffic-control-system/

I know FLT in the U.S. testing as well, wonder where they are in this?

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4 months 3 weeks ago #122238 by lynnsa10
lynnsa10 replied the topic: News, events about Drone Delivery Canada CSE:FLT
Here is the video.

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