CSE New Listing - Drone Delivery Canada Commences Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

June 21, 2016 12:35 PM EDT | Source: InvestmentPitch Media

Vancouver, British Columbia--(Newsfile Corp. - June 21, 2016) - Drone Delivery Canada Corp. (CSE: FLT) is the latest new listing on the Canadian Securities Exchange, and trades under the symbol "FLT". The company, which formerly traded as Asher Resources on the TSX Venture Exchange, amalgamated with Drone Delivery Canada Inc, issuing 60,549,885 shares to the former Drone Delivery shareholders.

InvestmentPitch Media has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Drone" in the search box.



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Drone Delivery Canada, is a pioneering technology firm based out of Toronto, Ontario Canada with a focus on designing, developing and implementing a commercially viable drone delivery system within Canada. The technology that Drone is seeking to develop and deploy is a disruptive technology that could re-define the tradition shipping and delivery market model by providing faster, easier and cheaper shipping. The company is actively seeking partnerships with industry leading retailers, service organizations and government agencies to join our drone delivery co-development program.

Two service options exist; Depot to Depot which is focused on rural applications providing services from warehouse to warehouse and Depot to Consumer offering logistics services from a retailer / warehouse direct to a consumers home or business location.

The company recently closed a private placement of 19,642,857 shares at $0.14 per share, for gross proceeds of approximately $2.75 million, with First Republic Capital acting as agent. The shares are trading at $0.22, and with 89.3 million shares outstanding, following a share consolidation and private placement, the company is capitalized at $19.6 million.

For more information please visit the company's website www.DroneDeliveryCanada.com, contact Richard Buzbuzian, President, at 416-361-6167 or email Richard@DroneDeliveryCanada.com.

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