Draganfly (TSE:DPRO) has released an update.
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Draganfly Inc., a leading developer of drone solutions, has successfully closed a $3.76 million direct offering, selling 1.6 million units each comprising a common share and a warrant. The company plans to use the proceeds to enhance its product capabilities and support growth initiatives. This strategic move aims to strengthen Draganfly’s position in the competitive drone market.
For further insights into TSE:DPRO stock, check out TipRanks’ Stock Analysis page.