Business
Drone Delivery Canada Corp. Reports Voting Results from Annual General and Special Meeting of Shareholders
Drone Delivery Canada Corp. Reports Voting Results from Annual General and Special Meeting of Sha...
About this update from Volatus Aerospace Inc.
[{"type":"text","content":"\n\n\n\n Drone Delivery Canada Corp. Reports Voting Results from Annual General and Special Meeting of Shareholders\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VAUGHAN, ON\n \n\n ,\n \n\n Aug. 26, 2024\n \n\n /CNW/ - Drone Delivery Canada Corp. (\"\n \n Drone Delivery Canada\n \n \" or \"\n \n DDC\n \n \") (TSXV: FLT) (OTCQX: TAKOF) (\n \n Frankfurt\n \n : A3DP5Y) (Frankfurt: ABBA.F) is pleased to announce the results of its adjourned annual general and special meeting of shareholders (the \"\n \n Meeting\n \n \") held in-person at the offices of Bennett Jones LLP, 100 King\n \n St. West Suite\n \n 3400,\n \n Toronto, ON\n \n M5X 1A4 on\n \n Monday, August 26, 2024\n \n .\n \n\n\n\n\n\n\n\n\n Shareholders of DDC approved the following resolutions detailed in the joint management information circular of DDC and Volatus Aerospace Corp. (\"\n \n Volatus\n \n \") dated\n \n July 12, 2024\n \n (the \"\n \n Information\n \n\n Circular\n \n \"), and presented at the Meeting, namely:\n \n\n\n Approving the issuance by DDC of up to such number of common voting shares in the capital of DDC (\"\n \n DDC Common Shares\n \n \") as may be required to be issued in connection with the acquisition by DDC of all of the issued and outstanding common shares in the capital of Volatus in exchange for DDC Common Shares (the \"\n \n Transaction\n \n \") as contemplated by that business combination agreement between DDC and Volatus dated as of\n \n May 20, 2024\n \n , as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms, a copy of which is available on DDC's profile at\n \n www.sedarplus.ca\n \n , as more particularly described in the Information Circular.\n \n\n Appointment of D&H Group LLP, Chartered Professional Accountants, as independent auditor of DDC for the ensuing year and authorizing the directors of DDC to fix their remuneration.\n \n\n Fixing the number of directors for the ensuing year at four (4) and, subject to and conditional on completion of the Transaction, fixing the number of...