TORONTO, June 6, 2019 /CNW/ - Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the "Company") is pleased to announce that the Company has been admitted to the Nasdaq Stock Market's International Designation program effective June 6, 2019 under the symbol "OTC – Nasdaq Intl: TAKOF". The Nasdaq International Designation will provide the Company with access to Nasdaq's investor marketing programs and investor relations services to increase the visibility of the Company to the U.S. investment community and U.S. market makers.
"The Nasdaq International Designation program will aid in expanding the Company's visibility across U.S. capital markets and increase shareholder access and liquidity" stated Tony Di Benedetto, the Company's Chief Executive Officer.
Member companies of the Nasdaq International Designation are not listed or traded on The Nasdaq Stock Exchange and are not subject to the same listing or qualification standards applicable to securities listed or traded on that exchange. The program does not impose SEC filing requirements but must demonstrate compliance with the standards on its most recent filings with its home regulator or exchange. To learn more about the Nasdaq International Designation program, please visit the following website: http://www.business.nasdaq.com/list/international-designation.
About Drone Delivery Canada Corp.
The Company is a drone technology company focused on the design, development and implementation of its proprietary logistics software platform utilizing drones. The Company's platform will be used as Software as a Service (SaaS) for government and corporate organizations.
The Company is a publicly listed company trading on the TSX Venture Exchange under the symbol FLT, on the U.S. OTCQB market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A2AMGZ.
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.
SOURCE Drone Delivery Canada
For further information: Tony Di Benedetto, Chief Executive Officer, Drone Delivery Canada Corp., Tel: (416) 791-9399, Email: [email protected]; Richard Buzbuzian, Capital Markets, Drone Delivery Canada Corp., Tel: (647) 501-3290, Email: [email protected]