Substantial Investment Update

18 Apr 2007 17:57

Draganfly Investments Ltd18 April 2007 Draganfly Investments Limited ("the Company") 18 April 2007 Further to the recently announced bid by Gem Diamonds Limited the Companyconfirms that it has sold its entire holding of 2,650,000 shares in BDI MiningCorp. yielding a 33% return on investment. The Company is now considering anumber of new investment opportunities. Enquiries Dennis Edmonds 07796 338 372Peter HarrisDraganfly Investments Limited Simon Brown 020 7426 9000Teather & Greenwood Limited This information is provided by RNS The company news service from the London Stock Exchange