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Alta Vista to acquire drone services company

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Alta Vista to acquire drone services company

Alta VistaVentures Ltd. said July 6 that it has signed a letter of intent toacquire 100% interest in High Eye Aerial Imaging Inc., a provider of unmannedaerial vehicle services, for a total consideration of 2,200,000 shares andC$200,000.

Alta Vista will make two payments spread over six months.The two companies also agreed to complete the required due diligence work andprepare the definitive agreement for signing within 60 days.

The company also said Jason Springett has replaced DonShaxon as President.