Alta Vista Ventures Ltd. (CSE – UAV) reports that its wholly owned subsidiary, Pioneer Aerial Surveys, has successfully completed its first three contracts.
Pioneer Aerial completed these three aeromagnetic surveys using its proprietary UAV-MAGTM system. In excess of 900 line kilometers were flown, which resulted in $100,002 of revenue.
„This is an excellent start for Pioneer Aerial Surveys”, stated Jason Springett, president of Alta Vista Ventures, „we are very enthusiastic for how the rest of the year is shaping up.”
Moving forward, Alta Vista will be reporting Pioneer Aerial’s revenue on a quarterly basis with those results supported by the Company’s financial statements. Alta Vista’s second quarter financials will be the first financials that contain revenues and they will be filed at the end of June, 2017.
About Alta Vista Ventures
Through its wholly owned subsidiaries – Pioneer Aerial Surveys and High Eye Aerial Imaging – Alta Vista Ventures is implementing its plan to become a full spectrum leader within the Unmanned Aerial Vehicle (or ‚UAV’) industry. Alta Vista will continue its growth through expanding the business of its subsidiaries and the continued evaluation of potential acquisition with the goal of creating a consortium of businesses that will cover all aspects of the UAV industry.
For additional information on Alta Vista Ventures please contact the Company at 604-678-2531
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.
Original Article: http://www.altavistaventures.co/pdf/alta-vista-news-march-07-2017.pdf
