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SUPPLEMENTAL CASH FLOW DISCLOSURES | 12 Months Ended
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Dec. 31, 2021
Supplemental Cash Flow Disclosures |
SUPPLEMENTAL CASH FLOW DISCLOSURES | 27. SUPPLEMENTAL CASH FLOW DISCLOSURES During the year ended December 31, 2021:
| - | The Company issued 15,000 common shares in lieu of cash.
| - | The Company issued 1,200,000 units for the acquisition of Vital Intelligence. Each unit is comprised of one common share and one warrant. These warrants have an exercise price of $13.35 per warrant, each convert to one common share, and have a life of two years.
| - | The Company issued 356,901 common shares in lieu of cash.
| - | The Company recorded a change in fair value of investments of $332,640 to other comprehensive loss.
During the year ended December 31, 2020, the Company settled debt of $344,354 with the issuance of 111,082 common shares and recognized a gain on settlement of debt of $28,614. During the year ended December 31, 2019:
| - | Settlement of $822,003 in accounts payable and application of $153,566 in subscription receivable through issuance of shares;
| - | Issuance of 400,000 common shares at $2.50 per shares as finders’ fees, and;
| - | Settlement of $740,000 of convertible debentures.
Draganfly Inc. Notes to the Consolidated Financial Statements For The Year Ended December 31, 2021 Expressed in Canadian Dollars

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