May 19, 2016 - 7:30 AM EDT
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International Contractor Pursuing Valmie Resources’ AeroLift eXpress

Valmie Resources Inc. (VMRI) announces its joint venture partner AeroLift eXpress is in significant discussions with an international technical contractor. The contractor is pursuing AeroLift in order to obtain representation rights in Brazil.

The contractor is a major offshore service provider working throughout Latin America. This company is showing interest in adding AeroLift’s unmanned delivery platform to its portfolio to aid in the performance of an existing contract with a major oil and gas client. The client specializes in the oil, natural gas and energy industry in 17 countries with assets that include 134 production platforms and more than 34,500 kilometers of pipelines.

“AeroLift is a one-of-a kind service,” said James Stafford, AeroLift eXpress CEO and Founder. “AeroLift offers long endurance and long range deliveries of payloads up to 14 pounds within an operating radius of 250 miles, as opposed to our competitors who are limited to an operating range of three-quarters of a mile.”

AeroLift eXpress is an elite unmanned aerial transport service that uses military grade vehicles and systems, operated by former U.S. military pilots. Since its debut at the Offshore Technology Conference in Houston, several companies have demonstrated solid interest in collaborating with AeroLift to support offshore deliveries and to provide other unmanned aerial services.

About Valmie Resources (OTCBB: 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 "mega sectors" 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.

Valmie has received a Section 333 Exemption from the Federal Aviation Administration (FAA) to perform commercial drone activities within the U.S. National Airspace System. With professional grade equipment and pilots, Valmie intends to use the exemption to commercially operate unmanned aerial systems for agricultural applications, search and rescue operations, power line and pipeline inspections, infrastructure surveying, and imaging to increase the effectiveness of data collection, storage, and analysis.

For details visit http://valmie.com.

About AeroLift eXpress

AeroLift eXpress is a privately held tech start-up that offers increased productivity, reduced operating costs and lower risks by providing elite unmanned aerial transport to the world’s most inaccessible locations.

Currently, AeroLift can deliver a payload of up to 14 pounds within an operating radius of 250 miles. With a focus on the energy sector, AeroLift is deployable worldwide, wherever unmanned aircraft are authorized to fly.

AeroLift eXpress is led by a team of military trained pilots, mission commanders and specialists with more than 60 years of combined aviation experience during successful military campaigns. AeroLift’s aircraft are military grade construction, adapted for commercial applications. Together with state of the art ground control stations and flight control software, AeroLift’s platform has been demonstrated during more than 100,000 flight hours in wartime conditions.

For details visit http://www.aeroliftexpress.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, 713-595-6675
President and CEO
[email protected]


Source: Business Wire (May 19, 2016 - 7:30 AM EDT)

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