Toronto, Ontario--(Newsfile Corp. - February 23, 2021) - Drone Delivery Canada Corp. (TSXV: FLT) (OTCQX: TAKOF) (FSE: A2AMGZ) (FSE: ABB) (the "Company" or "DDC") announces that further to its press release of January 27, 2021, management of the Company has increased its budget related to its investor relations campaign (the "Campaign") in an effort to continue the Company's marketing and awareness campaigns using alternative methods following the unavoidable delays and cancellations of its previously planned and budgeted trade shows, conferences and conventions as a result of travel restrictions and limited person-to-person contact due to the Covid-19 pandemic (see the Company's press release dated November 9, 2020). Pursuant to existing arrangements previously announced with (i) Emerging Markets Consulting, LLC ("EMC") for electronic media and webcast services, design, development and dissemination services (the "EMC Agreement") and (ii) Winning Media LLC ("WM") for strategic digital media services, marketing, and data analytics services (the "WM Agreement"), with respect to each of EMC and WM providing ongoing investor relation services to the Company, the Company has agreed to pay an additional $200,000 to each of EMC and WM, upon receipt of an invoice from each of EMC and WM, as part of the increased budget in connection with the Campaign.
The additional consideration in connection with the Campaign budget is subject to the Company making certain filings with the TSX Venture Exchange (the "Exchange") and acceptance of the Exchange.
About Drone Delivery Canada Corp.
Drone Delivery Canada Corp. is a drone technology company focused on the design, development, and implementation of its proprietary logistics software platform, using drones. The Company's platform will be 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 Q B market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ or ABB.F.
Read more about the Company at: www.DroneDeliveryCanada.com or on DDC's social media:
For further information:
Investor Relations: Mr. Michael Zahra, President & Chief Executive Officer, and Mr. Bill Mitoulas, Telephone: (416) 479-9547, Email: firstname.lastname@example.org;
Media Relations: Mr. Nelson Hudes, Hudes Communications International, Telephone: (905) 660-9155, Email: email@example.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. 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, 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. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/75254