GLOBAL UAV TECHNOLOGIES SIGNS DEFINITIVE AGREEMENT FOR THE PURCHASE OF NOVAERIAL ROBOTICS

Mr. Jason Springett reports

GLOBAL UAV TECHNOLOGIES SIGNS DEFINITIVE AGREEMENT FOR THE PURCHASE OF NOVAERIAL ROBOTICS

Global UAV Technologies Ltd. has signed the definitive agreement for the purchase of a 100-per-cent interest in NOVAerial Robotics Ltd. (see news release dated May 25, 2017).

The company is purchasing the 100-per-cent undivided interest in NOVAerial Robotics for $300,000 in cash (with $10,000 having been paid on signing of the letter of intent) and the issuance of 4,584,527 common shares of Global UAV Technologies. The payment will be made from funds that the company currently has. The shares will be released per a three-year escrow period with the initial 10 per cent to be issued with a standard four-month hold period.

“I am very pleased to welcome Robert Lefebvre of NOVAerial to the Global UAV Technologies group. This acquisition represents a strategic step for Global UAV Technologies as we enter the business of design, engineering and production of professional grade UAVs. NOVAerial’s Procyon 800E is at the leading edge of both performance and cost compared to those of the closest market competitor,” stated Jason Springett, president of Global UAV Technologies.

“I am excited to join Global UAV Technologies, they have built an enviable group of high-quality individuals and companies with the goal of providing technical and high performance UAV services. This is exactly the market that NOVAerial builds products for. The synergy of having a manufacturer working directly with flight operators will result in better products and should open up new system and service offerings,” stated Robert Lefebvre, managing director of NOVAerial Robotics.

Closing is anticipated to take approximately two weeks, during which time all the appropriate filings will be made with the Canadian Securities Exchange, common shares of Global UAV Technologies will be issued per the escrow agreement, funds will be paid to the underlying shareholder of NOVAerial and the shares in NOVAerial will be formally transferred to Global UAV Technologies.

About Global UAV Technologies Ltd.

With its growing technical expertise and expanding reach globally, Global UAV Technologies is the leader within the commercial unmanned aerial vehicle (UAV) sector. Through its wholly owned subsidiaries — Pioneer Aerial Surveys, High Eye Aerial Imaging, UAV Regulatory Services and NOVAerial Robotics — Global UAV Technologies provides a full spectrum of UAV-based services and products.

GLOBAL UAV TECHNOLOGIES COMPLETES PURCHASE OF UAV REGULATORY SERVICES.

RELATED DOCUMENT

Global UAV Technologies Ltd. (UAV-CSE) (the “Company”) is pleased to announce that it has formally closed the purchase of UAV Regulatory Services Ltd., the owner of Easy SFOC (see news release dated May 17, 2017).

In order to accommodate potential future expansion plans, a new company called UAV Regulatory Services Ltd. was created and Easy SFOC was incorporated into it. As a result, Global UAV Technologies has purchased UAV Regulatory Services. Terms of the purchase did not change. UAV Regulatory Services is now Global UAV Technologies’ third wholly owned subsidiary in the UAV sector.

Total consideration paid was $100,000 – payable as $70,000 in cash and the issuance of 329,670 common shares of Global UAV Technologies valued at $0.09. The shares issued have a standard hold period of four months and one day.

“We are very pleased to have completed this purchase. The incorporation of a new company prior to purchase made for a cleaner structure such that we will have added flexibility for business that we can create through that division,” stated Jason Springett, president of Global UAV Technologies.

About UAV Regulatory Services Ltd.

UAV Regulatory Services is a regulatory consulting service that assists clients with the preparation of Special Flight Operation Certificates (SFOCs) for Unmanned Aerial Vehicle (UAV) operations in Canada. Their primary product is easysfoc.com, an online service that uses a proprietary user-friendly interface which collects information on a client’s site locations, operations, and crew information quickly and efficiently. The client is then provided with full support and guidance along with a customized SFOC application ready to submit to Transport Canada.

In addition, the client receives all of the required supporting documents such as a site survey, an operations manual, safety and reporting forms, and other resources to assist with safe and compliant operations. UAV Regulatory Services is focused on providing high-quality customer service and supports an easy to understand approach to regulations.

Global UAV Technologies plans to expand the scope and reach of UAV Regulatory Services prior to year-end.

About Global UAV Technologies Ltd.:

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

Global UAV Technologies will continue its growth through expanding the business of its current subsidiaries and the continued 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 

We have been buying Global UAV (UAV-V)

Global UAV Technologies’ goal is to dominate the Unmanned
Aerial Vehicle (UAV) sector by consolidating a diverse group
of companies to create a leading service provider.

 

https://www.globaluavtech.com/site/assets/files/3455/global_uav_technologies_-_corporate_presentation_compressed.pdf

Three “company maker” targets for Beaufield

I think i have figured out the reason for the SP pop yesterday. The new BFD presentation has some very interesting new slides.

http://www.beaufield.com/investors/corporate-presentation

The reason no one cared about the rouleau drill results were they were sniffing up the wrong tree.

take a look at this slide with the NEW targets labelled as

“Untested high priority targets located within magnetic low features of the Windfall fold ”

within the windfall fold!?

coincident with depleted magnetite!?

those three blue dots could be company makers right there, i have never seen a bigger “drill me now” slide in my life..

this slide tells me all i need to know..

OSK wants us to succeed, any doubt they would stifle progress is now gone. and BFD has a probable extention of the main windfall deposit in the same fold structure

I really thought i was looking at an OSK slide for a second till i realized it was from the BFD deck.

here it is the best slide ive seen in a very long time!

GFK sleeper property in Windfall

every time a new map comes out the GFK property gets more showings/deposits labelled on the map!

Osk likes something right next to GFK

Latest OSK presentation puts a big star on the border

HIGHWAY 50 GOLD GETTING CLOSE TO SULLY 2

HIGHWAY 50 GOLD PROVIDES DRILLING UPDATE FOR MONROE PROJECT

Drill hole Highway 17-003 is currently at a depth of 785 metres and was drilled with HQ diameter core (6.5 centimetres). Management had projected the Sullivan Time interval to be intercepted between 550 metres and 600 metres. The drill hole is currently at 785 metres and is still in the Sullivan mine hangingwall sequence. To management’s knowledge, this package of rocks has not been known to exist outside the Sullivan mine area until this drill hole.

Other holes on the property have not encountered this sequence and have been drilled deeper into the stratigraphic column. A six-metre zone of vented albite fragmental was encountered at 742 meters. A similar style of alteration occurs in the immediate hangingwall of the Sullivan mine. Immediately beneath the albite fragmental are intensely sericitized sediments with veinlets and disseminations of sphalerite and galena (zinc sulphide and lead (II) sulphide) present locally to the bottom of the hole.

Drilling is anticipated to resume within the next six weeks, at which time drill hole Highway 17-003 will be cased to 785 metres and reduced to NQ core (4.5 centimetres). The company has an option to earn a 50-per-cent interest in the Monroe property by spending annual optional exploration expenditures totalling $3-million over the next four years.

This news release has been reviewed by Gordon P. Leask, PEng, president and chief executive officer of the company, and a qualified person as defined by National Instrument 43-101 (standards of disclosure for mineral projects).

About Highway 50 Gold Corp.

Highway 50 Gold is a mineral exploration-stage company led by a team of experienced explorers and deal makers. The company is executing an exploration plan refined over 25 years of experience in Nevada and the Aldridge formation of southeastern B.C. The exploration focus on its projects are a result of what management believes to be breakthroughs in the understanding of north-central Nevada’s crustal architecture and new geological understanding on the Monroe property in B.C.

Osisko buys MORE Beaufield Shares!

Osisko keeps buying Beaufield BFD
BFD quickly looking like a top pick
Acquisition in the market +905,400 0.2478 35,605,400

Opawica drilling Bazooka project

Fred Kiernicki’s Opawica Explorations Inc. (OPW), unchanged at 12.5 cents on 3.66 million shares, will start drilling early next week at its Bazooka project near Rouyn Noranda in Quebec. This is the drilling that was to have started in November, but had to be delayed until the company could get the required permits. Mr. Kiernicki, who does not draw a salary as president and CEO and who got less than $7,000 last year for consulting services, says that Opawica’s drilling will test for a depth extension to the mineralized zone identified in underground workings during the early 1950s. That work had produced up to 17.1 grams of gold per tonne over an area 1.1 metres wide and 21 metres long. The company plans three holes averaging about 500 metres each in the program, sufficient to reach the intriguing zone at depths between 200 and 400 metres.

SECOVA METALS REVIEWS 2016 MILESTONES OF SOLID GROWTH AND TECHNICAL INSIGHTS, HIGHLIGHTS STRATEGY AND GOALS FOR 2017

SECOVA METALS REVIEWS 2016 MILESTONES OF SOLID GROWTH AND TECHNICAL INSIGHTS, HIGHLIGHTS STRATEGY AND GOALS FOR 2017

Secova Metals Corp. has provided a review of significant growth for the company encompassing multiple acquisitions in Quebec, project advancements at the Duvay/Chenier project, strategic corporate financings, and the building of a dynamic and experienced team to lead the company going forward. In 2017, Secova will begin drilling on the Duvay/Chenier project with the goal of establishing the minable resource associated with the known mineralization, along with project development on its Eagle River acquisition in the Windfall Lake area of Quebec.

P. Bradley Kitchen, CEO of Secova, commented: “I am extremely pleased with our progress in 2016, and proud of each member of the Secova Team. We have also benefitted by the strong continued support of Tres-Or Resources (TSXV: TRS), our strategic partner at the Duvay/Chenier project. During the year, we remained focused on ensuring each strategic step clearly provided a path to being able to develop Secova’s assets that would deliver a significant gold resource portfolio. In 2017, we are positioned to complete two key resource development programs at our gold projects in Quebec, respectively the Duvay/Chenier gold project and the Eagle River claims near the Windfall Lake gold deposit, where each project has the potential to yield multi-million-ounce resource deposits. I would like to thank each of our shareholders for their support during 2016 and the dedication of our amazing team in Quebec and British Columbia. We expect 2017 to be the year of significant advancement for Secova, and an elevated presence amongst our peers.”

Highlights of 2016 Activities:

Increased the size of the Duvay/Chenier claims to 7,766 contiguous hectares.
The company has the right to earn up to 90 per cent of the combined Duvay and Chenier claims from Tres-Or Resources Ltd. in the Abitibi region of Quebec. The consolidated Duvay property includes many other gold zones such as Grenadier West, East Mac, Bunker, Fontana and several others just outside of the property (such as Standard). Secova remains focused to develop its exploration program one step at a time.
Completed first phase of IPower 3D survey for a length of 750 meters and to a depth of up to 400 meters.
Historic results show attractive gold results and the majority of these results were from surface to 100 meters in depth. The new IPower 3D survey shows mineralization open to depths over 300 meters.
First 3D gold mineralization model created from historic drilling, surface exploration and the IPower 3D survey.
Modeling shows distinct areas of gold mineralization in multiple cigar shaped cylinders angled at 50 degrees from vertical and appear to be open at depth.
Six targets identified along the current strike on the Duvay claims
These targets suggested that mineralization continued to the North West and was the main driver for the company to arrange for the acquisition of the Chenier claims.
Future targets to be confirmed along strike using the IPower 3D modeling to extend the current strike length by 1.3 km to 2.05km.
Acquired the Eagle River gold project which is located in the Windfall Lake area in the Urban-Barry township of Quebec.
These claims are directly adjacent to Osisko Mining Inc.’s Windfall Lake gold deposit and Bonterra Resources Inc.’s Gladiator gold deposit.
This property is on the southern extension of the gold structure in the area and historic information shows multiple areas of potential gold mineralization.
Added key strategic members to the technical and management team.

Morgan Good, President of Secova Metals Corp. commented: “Over the past year we have been able to explore the property along the strike on the Duvay/Chenier gold Project to over 2.0 km. When the IPower 3D modeling is completed we will have a model of the gold mineralization to a depth of about 400 meters along the entire length of the strike. We have already identified six drill targets and expect to expand the number of targets with the results from the new IPower 3D survey. We are currently preparing the drill maps and will begin drilling shortly.

Our interpretation and understanding of the deposit and region, has increased immensely, leading to a focused exploration program for 2017. Secova’s technical team and contracted partners in Quebec should be congratulated for an amazing job and commitment on all levels.”

2017 Strategic Goals:

Begin diamond drill program at Duvay/Chenier targeting.
Drill mapping is currently being prepared.
Add 1.3km of IPower 3D gold mineralization modeling to have a model of the entire 2.05 km strike length.
Update current geological model on Duvay/Chenier to include new drill results.
For a more detailed review of Secova’s 2017 Exploration plan, please refer to the Company’s September 27, 2016 news release or review the geoscientific compilation (BMAG report) prepared by Dr. Ali Ben Ayad, PGeo, PhD, MBA, of BMA Geo-Conseil (BMAG).
Develop a strategic exploration plan for the recently acquired Eagle River project.
Continue acquisition strategy to potentially add other Quebec-based key projects of merit.

Secova Metals Quick Facts:

7,766-hectare representing 174 contiguous claims (Duvay/Chenier Gold Project) in the Amos Township in Quebec.
2017 Exploration Program underway – up to 5,250 meters of drilling and an additional 1.3 km of mineralization modeling using IPower 3D survey.
2,165-hectare Eagle River gold project in the Windfall Lake camp of Urban-Barry township, Quebec.

The Company will be planning its initial exploration program based on historic drilling information from the site and an intimate knowledge of the gold mineralization of the Windfall Lake gold camp.

Other Corporate News

The Company announces the resignation of Pierre-Jean Lafleur from the Board of Directors. M. Lafleur was instrumental in overseeing the compilation of the Duvay/Chenier geographic compilation and design of the current exploration program. We wish M. Lafleur all the best in his future endeavors.

About Secova Metals Corp.

Secova Metals Corp. is a Canadian gold exploration company focused on building a strong asset base through exploration of undervalued gold projects in Canada. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. Secova has the exclusive right and option to acquire from Tres-OR Resources Inc. (“Tres-Or”), an undivided 65% right, title and interest in the contiguous Duvay and Chenier Gold Projects. Secova can earn up to 90% of the property (an additional 25% ownership) by funding a pre-feasibility study after the initial exploration expenditures to bring the property towards production. The Company has a total contiguous land package of 174 claims covering over 7,766 hectares (17,458 acres) of land. The Duvay/Chenier project is located in the Abitibi gold belt, one of Quebec’s premier mining jurisdictions. The Company has plans to advance the development of Duvay/Chenier and Eagle River as well as seek other avenues of growth through acquisition and mergers.

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