Draganfly (TSE:DPRO) has released an update.
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Draganfly Inc. has announced a US$3.76 million registered direct offering, selling 1,600,000 units at US$2.35 each to a single institutional investor. The company plans to use the proceeds for general corporate purposes, including expanding its product capabilities and development initiatives. This move is expected to strengthen Draganfly’s market position and fuel growth in the drone solutions sector.
For further insights into TSE:DPRO stock, check out TipRanks’ Stock Analysis page.
