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Valmie Resources (VMRI) Inks LOI with Drone Lab Mexico to Explore Collaboration in UAV Tech for Agricultural Applications

HOUSTON, TX / ACCESSWIRE / July 15, 2015 / Valmie Resources Inc (OTCMKTS: VMRI) announces it has signed a Letter of Intent (LOI) with Drone Lab Mexico LLC, a technology startup. Under the terms of the LOI, Valmie will explore collaboration with Drone Lab for the purpose of sharing technologies and building specialized unmanned aerial vehicles (UAV’s) and dedicated platforms for a range of commercial uses.

Based in Mexico City and Hermosillo, Sonora, Drone Lab Mexico is focused on the implementation of leading edge technology to meet commercial needs through design, development and customization of UAV’s. The companies share an interest in the application of drone technology for the implementation of precision agriculture, among the most promising uses for UAV’s.

“Opportunities offered by enterprising companies such as Drone Lab represent exciting prospects for meeting our aggressive growth goals and increasing profitability,” said Gerald B. Hammack, President and CEO of Valmie. “We couldn’t be happier about this collaborative effort that we expect will propel both companies to reach full potential in this dynamic market.”

Drone technology, fast becoming a game changer in agriculture around the world, allows farmers to combine their crop data with advanced imaging, mapping and pinpointing the most advantageous times for irrigation and treatments. This process, part of what is known as precision agriculture, can save the grower money from overusing resources while at the same time reducing the amount of runoff that could flow into nearby rivers and streams.

“We expect this collaboration to position Valmie at the forefront of drone technology for agricultural applications. Additionally, Mexico’s less restrictive environment will allow us to develop and perfect our UAV platform more quickly,” said Hammack.

About Valmie Resources (OTCQB: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.

Contact

Valmie Resources, Inc.
Gerald B. Hammack, President and CEO
info@valmie.com
720-946-6390

SOURCE: Valmie Resources, Inc.

ReleaseID: 430577

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