24th Jun 2016 06:58
LONDON (Alliance News) - Draganfly Investments Ltd on Friday said it has raised GBP134,350 through a subscription of 16.8 million shares at 0.8 pence each.
Draganfly will use the proceeds to fund the professional costs associated with potential acquisitions it is currently investigating.
Dusko Lukic is subscribing for 1.5 million shares, increasing his holding to 4.3 million shares representing 8.3% of Draganfly's issued share capital. Lukic jointly controls Intrinsic Capital LLP, which was Draganfly's investment adviser until July last year.
By Karolina Kaminska; [email protected] @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Draganfly Investments