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MARKETS LIVE BLOG:

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Drone Delivery Canada Announces Departure of Richard Buzbuzian

Newsfile Corp.
·3 min read

Toronto, Ontario--(Newsfile Corp. - February 27, 2023) - Drone Delivery Canada Corp. (TSXV: FLT) (OTCQX: TAKOF) (FSE: A3DP5Y) (FSE: ABBA.F) (the "Company") announces the expiration of the consulting agreement pursuant to which Richard Buzbuzian has been performing ongoing services to the Company has expired, and that Mr. Buzbuzian has resigned from the Company's advisory board (the "Advisory Board"). Mr. Buzbuzian is the former President of the Company, as well as a former director.

Steve Magirias, Chief Executive Officer of the Company, stated: "Mr. Buzbuzian is one of the original founding members of the team at Drone Delivery Canada Corp. and has been instrumental to the success of the Company over the years in connection with the Company's stock exchange listing, getting our story heard, and securing financing. On behalf of the Company, we would like to thank Mr. Buzbuzian for all of his contributions to Drone Delivery Canada corp., and wish him every success in his future endeavours."

About Drone Delivery Canada Corp.

Drone Delivery Canada Corp. is an award-winning drone technology company focused on the design, development, and implementation of its proprietary logistics software platform, using drones. The Company's platform is intended to be used as a Software as a Service (SaaS) model for government and corporate organizations globally.

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Drone Delivery Canada Corp. is a publicly listed company trading on the TSX Venture Exchange under the symbol FLT, on the U.S. OTC QX market under the symbol TAKOF and on the Frankfurt exchange in Germany under the symbol A3DP5Y or ABBA.F.

Read more at: www.DroneDeliveryCanada.com or on DDC's social media:

https://www.linkedin.com/company/drone-delivery-canada

https://www.youtube.com/dronedeliverycanada

https://www.facebook.com/dronedeliverycanada

https://www.instagram.com/dronedeliverycanada

https://twitter.com/DroneDeliveryCa

For further information:

Investor Relations: Mr. Steve Magirias, Chief Executive Officer, and Mr. Bill Mitoulas, Telephone: (416) 479-9547, Email: billm@dronedeliverycanada.com

Media Relations: Mr. Steve Magirias, Chief Executive Officer

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. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as "expect," "may," "can," "believe," "forecast," "estimate," "goal," "target," "will," and other similar expressions, and variations or negatives of these words or phrases. 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, market acceptance, 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. Except as may be required by applicable securities law, the parties undertake no obligation to update forward-looking information, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156410