Vancouver, BC / TheNewswire / June 30, 2017 - Global UAV Technologies Ltd. (CSE: UAV) (the “Company”) is pleased to report that it generated $181,203 of revenue during the quarter ending April 30, 2017.   This was the first quarter that incorporated the financials of its two wholly owned subsidiaries - Pioneer Aerial Surveys and High Eye Aerial Imaging.

 

“We have accomplished an amazing amount in the quarter and we are very pleased with the results”, stated Jason Springett, president of Global UAV Technologies, “we are very enthusiastic regarding the future growth of our businesses.”  

  

About Global UAV Technologies Ltd.:

 

With its growing technical expertise and expanding reach globally, Global UAV Technologies is the leader within the Unmanned Aerial Vehicle (or ‘UAV’) sector.  Through its wholly owned subsidiaries - Pioneer Aerial Surveys and High Eye Aerial Imaging – Global UAV Technologies provides full spectrum UAV-based surveying, imagery and geophysics services.  

 

Global UAV Technologies will continue its growth through expanding the business of its current subsidiaries and the on-going evaluation of potential acquisitions with the goal of creating a consortium of businesses that, when fully integrated, will cover all aspects of the UAV industry.  

  

On behalf of the Board,

“Jason Springett”

Jason Springett

President & CEO

 

For additional information on Global UAV Technologies please contact

Mr. Stephen Litwin, Investor Relations, at 514-708-3456

 

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.