TORONTO, Feb. 9, 2022 /CNW/ - Drone Delivery Canada Corp.
(TSXV: FLT) (OTCQX: TAKOF) (Frankfurt: A2AMGZ or ABB.F) (the
"Company") is pleased to announce the appointment of
Steve Magirias as the Chief
Executive Officer of the Company, effective February 22, 2022.
Steve brings over 20 years of work experience with both mature
well-established organizations and nimble entrepreneurial
companies, along with a combination of talents and experiences. His
background in manufacturing, product development, quality control
and operations in wholesale, retail and direct to consumer markets
for companies like Curtiss Wright - Indal Technologies and Husky
Injection Molding, coupled with an engineering degree and an MBA
focused on strategic development, make him an ideal choice to lead
the Company through its next phase of development and
commercialization.
"Steve has emphasized the importance of maintaining
organizational flexibility as well as an entrepreneurial ethos
while strategically layering in mature processes and protocols and
introducing rigor and structure to optimize innovation, which is
exactly what the Company needs at its current stage." says
Michael Della Fortuna, the Company's
chairman of the board of directors (the "Board").
Mr. Michael Zahra departs as
president and Chief Executive Officer of the Company and has also
resigned from the Board, which has been accepted by the Board. The
Company thanks Mr. Zahra for his contributions and wishes him every
success in his future endeavours. Mr. Zahra will remain on
the Advisory Board providing insight and support to various
projects and developments.
About Drone Delivery Canada Corp.
Drone Delivery Canada Corp. is an ISO 9001 certified,
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 used as
a Software as a Service (SaaS) model for government and corporate
organizations globally.
Drone Delivery Canada Corp. is a publicly listed company trading
on the TSX.V 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 A2AMGZ or ABB.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
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.
SOURCE Drone Delivery Canada Corp.