Delta Drone continues to weave its web in Africa - Strengthening control of its subsidiary Delta Drone International
July 21 2021 - 12:00PM
GlobeNewswire Inc.
Delta Drone continues to weave its web in Africa - Strengthening
control of its subsidiary Delta Drone International
Delta Drone continues to weave its web in
AfricaStrengthening control of its subsidiary
Delta Drone International
Dardilly, 21 July 2021 - 6 pm
Key
points:
- Signing of 2 contracts with
new leading customers in the mining sector, Barrick
Gold and Anglo
American Platinium
Group
- Barrick
Gold contract opens a new African country,
Mali
- Delta Drone acquires 3% of
the capital of its subsidiary Delta Drone International
(ASX Sydney
StockExchange,
DLT) and now holds more than 53%
As recently announced by Delta Drone
International on the Sydney Stock Exchange, the Group, through its
subsidiary Rocketmine, has signed two new contracts with mining
groups in Africa (the original press releases, in English, are
available on the Delta Drone International website,
www.dlti.com.au).
The first contract was with Barrick Gold
(Holdings) Ltd, a subsidiary of the Canadian group Barrick Gold
Corporation, which is one of the world's leading gold producers. It
concerns an evaluation service of the possible extensions of the
mine site, thanks to Lidar technology. The execution of this
contract of A$ 25,000 required the obtaining of certifications and
flight authorizations from the National Agency of Civil Aviation of
Mali. As a result, Rocketmine is now officially referenced and
authorized to operate in the country.
The second contract was signed with Anglo
American Platinium Group for the Mogalakwena mine site in South
Africa. For an amount of approximately A$120,000 for 2021, this
contract corresponds to the permanent provision on site of a
Rocketmine remote pilot to carry out topography and inspection
missions. Anglo American Platinium Group, a subsidiary of Anglo
American Corporation, is the world's largest producer of
platinum.
Beyond their still modest amounts, these two
contracts have a significant strategic dimension:
- They both correspond to initial
commercial relations with world-leading mining groups, with many
sites around the world.
- The Barrick Gold contract allows
the Group to now be present in Mali and to have official
certifications in the country to operate there.
In four years, since its entry into the Delta
Drone Group, the "mining" activity deployed under the Rocketmine
brand has seen its turnover multiply by more than 4. During this
period, many multinational mining groups have enriched the client
portfolio and operations, originally focused on South Africa, have
gradually expanded in 11 African countries. They also have the
ambition to expand into Australia, thanks to the new subsidiary
Rocketmine Australia.
For the record, Rocketmine is now the main
subsidiary of Delta Drone International, a company under Australian
law listed on the ASX Stock Exchange in Sydney. Delta Drone
International is chaired by Eden Attias and led by Chris Clark,
"historic" South African manager of Rocketmine now located in
Adelaide (Australia).
Given the extremely promising prospects of Delta
Drone International, Delta Drone (France) has decided to strengthen
its position in its subsidiary, by acquiring from an institutional
investor a block of shares representing 3% of the capital. At the
end of this operation, Delta Drone owns more than 53% of its
subsidiary.
It should be noted that this amount of 3% is the
maximum allowed by the Australian stock exchange authorities over a
period of 6 months.
About Delta
Drone: The Delta Drone Group is a recognized
international player in the professional civilian drone industry.
It develops a range of professional solutions based on drone
technology as well as all associated services that form a complete
value chain.Delta Drone share is listed on the Euronext Growth
Paris market – ISIN code: FR0011522168Are also listed on Euronext
Growth BSA Y – ISIN code: FR 0013400991www.deltadrone.com
Investor
contacts: Press
contact:
|
|
|
Jerome
Gacoin |
Louise Caetano |
+33 1 75
77 54 65 |
+33 1 55 02 15 13 |
jgacoin@aelium.fr |
l.caetano@open2europe.comSarah Ousahla+33 1 55 02 15
31s.ousahla@open2europe.com |
- 20210721_PR_Expansion in Africa
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