Alta Vista’s acquisition target High Eye Aerial Imaging partners with the University of Guelph
15.07.2016 | FSCwire
Vancouver - Alta Vista Ventures (AVV-CSE) announces that the University of Guelph Muck Crops Research Station has chosen High Eye Aerial Imaging to be its partner in a multiyear “Innovative technologies” research project. This new project is designed to study how “aerial surveillance” can be used to identify areas of crops where disease is starting or help with an integrated pest management program. High Eye will be compensated through the length of the study through a federal-provincial-territorial initiative.High Eye was chosen to be the exclusive partner in this project from a select group of UAV survey companies. High Eye will undertake flights once a week over the study area to take true colour and near infrared images.
This partnership will help High Eye to advance its standing as a leader in agricultural surveying, a rapidly growing business in the UAV surveying sector.
Alta Vista has signed a Letter of Intent giving it the right to acquire High Eye for $200,000 and 2,200,000 shares of Alta Vista.
About High Eye Aerial Imaging Inc.:
High Eye is a leader in UAV surveying and is the only company in Ontario to offer both multi rotor and fixed wing UAV’s. All of High Eye’s operations are conducted within the requirements of the CARS and Transport Canada Special Flight Operations Certifications.
All High Eye personnel involved in flight operations hold the following qualifications:
• Aeronautical training and certification to Transport Canada standards<
• Holds either a Pilot permit issued by Transport Canada, or a Civil and Commercial UAV Training Certificate, issued by CCUVS
• Holds a “Restricted Operator Aeronautical” Radio Licence (ROC-A) issued by Industry Canada
For more information on High Eye Aerial Imaging please visit their website at www.higheye.ca.
About Alta Vista Ventures:
Alta Vista Ventures’ goal is to enter the Unmanned Aerial Vehicle (UAV) industry by purchasing a varied group of companies that will complement each other and, in turn, create a consortium of businesses that will cover all aspects of the industry.
On behalf of the Board,
“Jason Springett”
Jason Springett
President
For additional information on Alta Vista Ventures please contact Mr. Donald Shaxon at 289-697-8625
Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Source: Alta Vista Ventures Ltd. (CSE:AVV, OTC Bulletin Board:YRLLF)