16:09:25 EDT Thu 09 Jul 2020
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Global UAV Technologies Ltd
Symbol UAV
Shares Issued 136,755,634
Close 2020-05-06 C$ 0.01
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Global UAV appoints Stevens to board

2020-05-07 19:16 ET - News Release

Mr. James Rogers reports


Global UAV Technologies Ltd. has added Jeff Stevens to its board of directors, effective immediately.

As a capital market professional, Mr. Stevens has a strong background in the structuring, financing, governance and operations of publicly traded companies. With over 20 years of experience in the capital markets, he has held officer and director roles in several publicly listed companies. Mr. Stevens has built functional and effective teams, as well as structured multiple mergers and acquisitions, while building successful business operations.

As noted in the corporate update dated April 7, 2020, and as a result of the continuing worldwide events relating to COVID-19 and the ensuing slowdown of activity in the resource sector, combined with recent corporate events, the company will be evaluating business opportunities and considering a restructuring and recapitalization as may be required to maintain its business activities.

The board is looking forward to working with Mr. Stevens as a board member.

About Global UAV Technologies Ltd.

Global UAV is a diversified, vertically integrated drone technology company within the commercial unmanned aerial vehicle (UAV) sector. Through its wholly owned subsidiaries -- Pioneer Aerial Surveys Ltd., High Eye Aerial Imaging Inc., UAV Regulatory Services Inc. and NOVAerial Robotics Inc. -- Global UAV provides a full spectrum of UAV-based services and products, including drone research and development and manufacturing, flight services, and regulatory compliance. Global UAV will continue its growth through technology development, expanding the business of its current divisions and the continuing to evaluate potential acquisitions.

We seek Safe Harbor.

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