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New Listing: Draganfly Inc. (CSE:DFLY)

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The company is an award-winning, industry-leading manufacturer within the commercial Unmanned Aerial Vehicle (“UAV”) space, serving the public safety, agriculture, industrial inspections and mapping and surveying markets.

Additional Information:

Company: Draganfly Inc.
Website: http://www.draganfly.com
Stock Symbol: CSE: DFLY
Date Published: Nov 6, 2019
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Draganfly Inc. is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “DFLY”.

The company is an award-winning, industry-leading manufacturer within the commercial Unmanned Aerial Vehicle space, serving the public safety, agriculture, industrial inspections and mapping and surveying markets.

Draganfly introduced its first systems in 1999 and has since evolved and shaped the UAV industry.

From its manufacturing facility in Saskatoon, Saskatchewan, Draganfly has sold products and services to over 50 countries and to date has sold more than 9,000 drones for multitudes of applications around the world.

Customers include the Ontario Provincial Police and a number of other police departments, Shell Oil, B.C. Hydro and Dow.

The company can provide its customers with an entire suite of products and services that include quad-copters, fixed wing aircraft, ground based robots, hand held controllers, flight training, and software used for tracking, live streaming, and data collection.

Cameron Chell, Chairman and CEO, stated: “Draganfly is the world’s oldest operating drone company and one of the early developers of the quadcopter. Draganfly today remains a leading drone solutions innovator and with the definitive government and industry shift to utilize North American unmanned vehicle systems and software, Draganfly is in the right place at the right time to establish itself as the cornerstone North American industry player.”

According to the “Clarity from Above” report published in July 2017 by PricewaterhouseCoopers LLP, the estimated total addressable market value of drone-powered business operations is more than US$127 billion.

The company recently raised gross proceeds of approximately $7 million from the placement of 14 million units, priced at $0.50 per unit.

Each unit consisted of 1 share and 1 warrant, with the warrant exercisable at $0.50 for 12 months.

The shares are trading at $0.54.

For more information, please visit the company’s website www.draganfly.com, contact Paul Sun, CFO,
at 1-800-979-9794 or by email at paul.sun@draganfly.com.

I’m Cassandra Bolinski for Investmentpitch Media