Global UAV Technologies to purchase NOVAerial Robotics Inc.

Global UAV Technologies Ltd. (formerly Alta Vista Ventures Ltd.) (CSE: UAV) (the "Company") is pleased to announce that on May 24th, it signed a Letter of Intent (LOI) to purchase a 100% interest in the Canadian-based company, NOVAerial Robotics Inc. ("NOVAerial") for a total consideration of CAD $700,000 - payable as $300,000 in cash and ["]