Draganfly Inc. announced that it has entered into an arm’s length definitive share purchase agreement dated January 15th, 2020 with the shareholders of Dronelogics Systems Inc. (“Dronelogics”), whereby Draganfly has agreed to acquire all of the shares of Dronelogics (the “Transaction”) for cash and common shares of Draganfly (“Draganfly Shares”). Post-closing, Mr. Justin Hannewyk (“Mr. Hannewyk”) will be President of the operating subsidiary and will also be appointed to Draganfly’s board of directors. The Dronelogics employee base brings a wealth of industry experience and knowledge to Draganfly.