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Off-market insider buying at Draganfly (C:DFLY)

Updated Tuesday Jan 07, 2020 01:32 AM EDT

Cameron Chell, a Director, acquired 6,260,171 Common Shares on an indirect ownership basis for registered holder Business Instincts Group, Inc. at a price of $0.500 through a private transaction on January 2nd, 2020. This represents a $3,130,086 investment into the company's shares and an account share holdings change of greater than 100%.

Draganfly is in the Aerospace & Defense Sub Industry Group under the Industrials Sector.

Draganfly Inc. is a Canada-based company that manufactures commercial unmanned aerial vehicle (UAV) and unmanned vehicle space (UVS) space. The Company's business is the provision of engineering services and manufacture of commercial unmanned vehicle systems (UVS) and software. It manufactures multi-rotor helicopters, industrial aerial video systems and civilian small unmanned aerial systems or vehicles. It serves the public safety, agriculture, industrial inspections, and mapping and surveying markets. It provides a suite of products and services, including quad-copters, fixed wing aircrafts, ground based robots, hand held controllers, flight training, and software used for tracking, live streaming and data collection. The Company also provides consulting, custom engineering and investigating services on a project. Draganfly Innovations Inc. is the wholly owned subsidiary of the Company. Draganfly Inc. (DFLY) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $3,130,086.

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Go to Draganfly Inc. (DFLY)'s company page

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