U.S. markets closed
  • S&P Futures

    -4.00 (-0.10%)
  • Dow Futures

    -17.00 (-0.05%)
  • Nasdaq Futures

    +4.00 (+0.03%)
  • Russell 2000 Futures

    +1.90 (+0.09%)
  • Crude Oil

    +0.28 (+0.39%)
  • Gold

    +0.20 (+0.01%)
  • Silver

    -0.02 (-0.07%)

    -0.0035 (-0.30%)
  • 10-Yr Bond

    -0.0610 (-4.04%)
  • Vix

    +2.95 (+16.62%)

    -0.0107 (-0.77%)

    -0.0600 (-0.05%)

    +79.93 (+0.22%)
  • CMC Crypto 200

    -51.42 (-5.47%)
  • FTSE 100

    -135.96 (-1.90%)
  • Nikkei 225

    -54.22 (-0.19%)

Valmie Resources (VMRI) in Talks with Potential Acquisition Partners

HOUSTON, TX / ACCESSWIRE / May 19, 2015 / Valmie Resources Inc. (VMRI) announces it has identified a short list of companies that meet its criteria as potential acquisitions and is currently in talks with these businesses as it begins the evaluation process. Valmie is seeking acquisition opportunities with the potential for value-creating synergies and a strategic fit within its core focus of unmanned aerial vehicle (UAV) technology.

Coming on the heels of a successful visit to the Unmanned Systems 2015 conference organized by the Association for Unmanned Vehicle Systems International (AUVSI), Valmie will meet with emerging companies it identified at the event as well as through other sources. These companies have produced innovations, processes or technologies contributing to the growth of the aerial robotics industry.

"Valmie has committed to move beyond organic growth to a more assertive expansion by identifying companies that will best suit our goal of capturing market share within the commercial drone sector," said Gerald B. Hammack, President and CEO of Valmie. "Through these targeted acquisitions we will bolster our portfolio and identify winners early, helping them develop their technologies as we build shareholder value."

Valmie recently acquired Vertitek, Inc., a privately held tech frontrunner in the UAV sector. Vertitek is working with Valmie in the development of its V-1 Drone, which is being adapted as part of an agricultural platform for an international crop monitoring client.

About Valmie Resources (VMRI)

Valmie Resources is a U.S. company actively pursuing opportunities for the commercialization of leading edge products and services in the rapidly expanding technology industry. Valmie seeks concepts with valid business models positioned to make a significant impact within the four key "megasectors" of technology: software, hardware, networking and semiconductors. Valmie brings operating talent, tools and leadership to emerging companies in these sectors, promoting industry awareness and developing economically sustainable partnerships while increasing shareholder value.

For further information visit http://valmie.com.

Forward-Looking Statements

Certain information provided in this press release constitutes forward-looking statements. The words "anticipate," "expect," "project," "estimate," "forecast," and similar expressions are intended to identify such forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. You can find a discussion of those risks and uncertainties in our EDGAR securities filings with the Securities and Exchange Commission. Such factors include, but are not limited to: general economic, market and business conditions; fluctuations in the technology market; the results of product development and the result of our efforts to develop strategic relationships, partnerships and potential acquisitions that are in line with our business model; outcome of partnership negotiations; the uncertainty of market estimates; changes in environmental and other regulations; risks associated with retail operations; and other factors, many of which are beyond the control of the Company. There is no representation by Valmie Resources that actual results achieved during the forecast period will be the same in whole or in part as those forecast. Except as may be required by applicable securities laws, Valmie Resources assumes no obligation to publicly update or revise any forward-looking statements made herein or otherwise, whether as a result of new information, future events or otherwise.


Valmie Resources, Inc.
Gerald B. Hammack, President and CEO

SOURCE: Valmie Resources Inc.