Alta Vista Ventures Ltd. (OTCPK:YRLL.F) signed a letter of intent to acquire High Eye Aerial Imaging Inc. from Murray Hunt, Julie Hunt and others for CAD 0.28 million on July 6, 2016. Under the terms, the consideration to be paid includes 2.2 million shares of Alta Vista and CAD 0.2 million to be paid in two payments over six months. Alta Vista Ventures Ltd. (OTCPK:YRLL.F) signed a definitive agreement to acquire High Eye Aerial Imaging Inc. from Murray Hunt, Julie Hunt and others for CAD 0.29 on December 6, 2016. Under the terms of agreement, Alta Vista will issue 4.5 million shares and promissory note of CAD 0.1 million. The parties have agreed to complete the required due diligence and prepare the definitive agreement for signing within 60 days. The transaction is approved by Canadian Securities Exchange. The transaction is expected to close before December 31, 2016. As of January 6, 2017, High Eye will become a wholly owned subsidiary of Alta Vista. Alta Vista Ventures Ltd. (OTCPK:YRLL.F) completed the acquisition of High Eye Aerial Imaging Inc. on January 6, 2017.