Core Viewpoint - Draganfly Inc. has announced a share consolidation, effective September 5, 2024, where one post-consolidated share will be issued for every 25 pre-consolidated shares [1]. Company Overview - Draganfly Inc. is a leading developer of drone solutions and systems, recognized for over 24 years in the industry, serving various markets including public safety, health, mining, agriculture, and security [2]. Share Consolidation Details - The consolidation will change the CUSIP and ISIN of the Common Shares to 26142Q304 and CA26142Q3044 respectively [1]. - The company expects its common shares to trade on a post-consolidated basis at market open on the effective date, pending final confirmation from the Canadian Securities Exchange and Nasdaq [1].

Company Announcement - Draganfly Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every twenty-five (25) pre-consolidated common shares [1][2][3] - As a result, the outstanding shares of the company will be reduced to approximately 3,486,658 common shares [1][3] Trading and Administrative Details - The name and symbol of the company will remain unchanged [2][4] - All open orders will be canceled at the close of business on August 30, 2024, and dealers are reminded to re-enter their orders considering the share consolidation [2][4] - Trading on a consolidated basis, record date, and anticipated payment date are all set for September 3, 2024 [5] - The symbol for the company will be DPRO, with a new CUSIP of 26142Q 30 4 and a new ISIN of CA 26142Q 30 4 4 [5]

Vancouver, BC., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, announces that the board of directors of the Company (the "Board") has approved the consolidation of its issued and outstanding common shares ("Common Shares") on the basis of one post-consolidated Common Share for every 25 pre-consolidated Common Shares (the "Consolidation"). The Consolidation is bein ...

Saskatoon, SK., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), a drone solutions, and systems developer, today announced that it has closed its previously announced offering of 16,666,666 units of the Company, with each unit consisting of one common share (or one pre-funded warrant to purchase one common share in lieu thereof) and one warrant to purchase one common share. Each unit was sold at a public offering price of US$0.12, for gr ...

Core Viewpoint - Draganfly Inc. has entered into a securities purchase agreement to raise approximately US$2.0 million through the sale of 16,666,666 units, each consisting of one common share and one warrant to purchase one common share [1][3]. Group 1: Offering Details - Each unit in the offering was sold at a public offering price of US$0.12, with gross proceeds expected to be around US$2.0 million before expenses [1]. - The warrants have an exercise price of approximately US$0.15 (CA$0.2048) per share, are immediately exercisable, and will expire five years after issuance [1]. - The offering is subject to customary closing conditions, including regulatory approvals from the Canadian Securities Exchange and Nasdaq [2]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [3]. Group 3: Regulatory Framework - The offering is being conducted under an effective shelf registration statement on Form F-10, previously filed with the U.S. Securities and Exchange Commission [4]. - A prospectus supplement will be filed with applicable securities commissions in Canada and the SEC in the United States [5].

Draganfly Inc. (NASDAQ:DPRO) Q2 2024 Earnings Conference Call August 13, 2024 5:30 PM ET Company Participants Rolly Bustos - Investor Relations Cameron Chell - President and Chief Executive Officer Paul Sun - Chief Financial Officer Operator Rolly Bustos Okay, thank you. Respectful of everyone's time, even though I see people still coming in, I think we'll get started today. Greetings, and welcome to all shareholders and stakeholders to today's Draganfly 2024 Q2 Earnings Call. My name is Rolly Bustos, and I ...

Vancouver, BC., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its second quarter financial results. Key Financial and Operational Highlights for Q2 2024: Revenue for the first quarter of 2024 was $1,732,990 which represents a 30.3% quarter over quarter increase. Product sales of $1,387,350 made up the bulk of the revenue with the remainder ...

Draganfly (NASDAQ:DPRO) stock is climbing higher on Monday after the unmanned drones company announced a strategic partnership with The Institute for Drone Technology. This partnership will see The Institute for Drone Technology act as a distributor of Draganfly's drones in Australia. That's a win for DPRO stock, which distributes to the Australian government and enterprise sectors. This partnership will see Draganfly participate in the Land Forces International Land Defence Exposition in September. This wi ...

Saskatoon, SK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ("Draganfly" or the "Company"), a leader in drone technology and unmanned aerial vehicle (UAV) solutions, is excited to announce a strategic partnership with The Institute for Drone Technology, a leading drone solution provider for the Australian government and enterprise sectors. This agreement appoints The Institute for Drone Technology as a value-added distributor of Draganfly's cutting-edge drone techno ...

Saskatoon, SK., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ("Draganfly" or the "Company"), an award-winning, industry-leading drone solutions and systems developer, announced today that it will host a shareholder update call on August 13th, 2024 at 5:30pm EST. Draganfly CEO Cameron Chell will facilitate the shareholder update call and review the Company's milestones. CFO Paul Sun will review the Company's financial results for Q2 2024, which are planned to be fil ...