Draganfly Inc. lists on CSE,
files final prospectus and
completes private placement

1 minute read
05 November 2019

On Nov. 5, 2019, Draganfly Inc. (CSE: DFLY) began trading on the Canadian Securities Exchange under ticker symbol "DFLY". The company has also filed its long form non-offering final prospectus with the securities regulatory authorities in each of Saskatchewan and British Columbia to become a reporting issuer in those jurisdictions.

Draganfly Inc. is the resulting issuer from a recapitalization transaction between Draganfly Innovations Inc. and Drone Acquisition Corp., a special purpose entity formed to achieve the said objective. As part of the transaction, Draganfly Inc. completed a private placement financing for aggregate gross proceeds of $7,025,749.50.

Draganfly Inc. is the creator of quality, cutting-edge, unmanned vehicle systems and software that revolutionize the way people do business.

Gowling WLG advised Draganfly Inc. with respect to these matters with a team that included Denis Silva and Tara Amiri (corporate), Margaret Fitzpatrick and Stephen Ferance (IP) and Anita Yuk (tax).

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.