RNS Number:4487P
Draganfly Investments Ltd
28 July 2005



DRAGANFLY INVESTMENTS LIMITED (the "Company")


28 July 2005


SUBSTANTIAL INVESTMENT


The Company announces that today it confirmed its participation in a placing by
Braemore Resources plc (BRR.L) ("Braemore"). The Company has purchased 3 million
Braemore ordinary shares of 0.1p each ("Braemore Shares") at the placing price
of 10p per Braemore Share, and recently acquired an additional 1.3 million
Braemore Shares in the open market, thereby making a total investment in 4.3
million Braemore Shares at an average price of 10.9p per Braemore Share.


Enquiries

Dennis Edmonds                             07796 338 372
Peter Harris
Draganfly Investments Limited



Stephen Austin / Harry Nicholas            020 7426 9000
Teather & Greenwood







                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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