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

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).


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