Draganfly Inc. Amends Shelf Registration to Authorize Up to C$300M in Future Securities Offerings

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This F-10/A filing significantly expands Draganfly's capacity to raise capital by increasing its universal shelf registration to a total of C$300 million (approximately US$218.85 million). This amount represents a substantial portion of the company's current market capitalization, indicating a high potential for future dilution if fully utilized. The company explicitly states its intention to use proceeds for general corporate purposes, working capital, growth initiatives, debt repayment, and potential acquisitions. Given Draganfly's history of operating losses and negative cash flow, this expanded shelf provides crucial financial flexibility to fund ongoing operations and capitalize on recent positive developments, such as military contracts and strategic partnerships. Investors should monitor future prospectus supplements for specific offering details, including pricing and actual shares issued.

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• Expanded Shelf Registration

  Draganfly Inc. amended its universal shelf registration statement, increasing the total authorized amount for future securities offerings to C$300 million (approximately US$218.85 million).

• Capital Raising Flexibility

  This registration allows the company to offer common shares, preferred shares, warrants, subscription receipts, and units from time to time over a 25-month period.

• Use of Proceeds

  Funds are intended for general corporate and working capital requirements, growth initiatives, debt repayment, and potential acquisitions.

• Dilution Potential

  The authorized amount represents a significant percentage of the company's current market capitalization, indicating substantial potential for future shareholder dilution.

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This F-10/A filing significantly expands Draganfly's capacity to raise capital by increasing its universal shelf registration to a total of C$300 million (approximately US$218.85 million). This amount represents a substantial portion of the company's current market capitalization, indicating a high potential for future dilution if fully utilized. The company explicitly states its intention to use proceeds for general corporate purposes, working capital, growth initiatives, debt repayment, and potential acquisitions. Given Draganfly's history of operating losses and negative cash flow, this expanded shelf provides crucial financial flexibility to fund ongoing operations and capitalize on recent positive developments, such as military contracts and strategic partnerships. Investors should monitor future prospectus supplements for specific offering details, including pricing and actual shares issued.