The Sky Guys close $350,000 private placement

The Sky Guys Ltd., Canada’s leader in drone or Unmanned Arial Vehicle (UAV) enabled services and aerial photography, announced today it closed an initial $350,000 private placement through the issuance of 3,500,000 common shares at a price of $0.10 per common share.  The proceeds of the private placement will be used to accelerate new development projects and for general working capital purposes.

Adam Sax, President and CEO, stated, “We are pleased our initial capital raise was oversubscribed. Investors clearly recognized the value of our reputation, technology, expertise and leadership team in place. We have had an incredible year already working with new industries and diversifying our technology applications. This initial capital raise will enable us to continue to be leaders in the field with innovative projects, expand our offices and services and launch our highly anticipated UAV School.”

The Sky Guys Ltd., a private company based in Ontario employs state of the art drone, video and camera technology.  With over 12,000 logged flights, 4,485 total flight hours, over 500 clients and offices across the county, The Sky Guys are Canada’s drone experts.

“From commercial and residential real estate to oil and gas, manufacturing, travel and tourism, mapping and surveying, infrastructure, sports and events, drone aerial photography and video is transforming virtually every sector of business,” Sax continued, “New software is also changing the cost valuations for many industries – what used to take weeks to produce and thousands of dollars to complete can now be done at a fraction of the cost and time. It’s an exciting time for our Company and as industry leaders we look forward to continuing to innovate, disrupt and grow.  On behalf of The Sky Guys team, we welcome our new shareholders.”

http://theskyguys.ca/