Alta Vista welcomes Richard Groome as Director of Corporate Finance and Global Business Development

Vancouver - Alta Vista Ventures (AVV-CSE) is pleased to announce that Richard Groome has joined the Company as Director of Corporate Finance and Global Business Development.

Mr. Groome is an entrepreneur who started two successful securities firms in the 80’s and 90’s. Mr. Groome has the reputation of being one of the preeminent financiers of small and medium sized emerging growth companies. He has actively managed or participated in over 400 financings representing some $4 billion of small cap deals and is very well versed in start-up and early stage ventures.

Prior to the founding of Notre Dame Capital, Mr. Groome was a co-founder of Marleau Lemire Inc., which became the number one firm in Canada in small, mid cap financing during the late 1980’s.  He followed up that success with the creation of Groome Capital Inc, where he developed Canada’s leading underwriter of IPO’s, Private Placements and Secondary offerings on the internet between 1998 and 2000. Groome Capital was subsequently sold to Desjardins Group in 2001, Canada’s seventh largest financial institution at the time. Mr. Groome was also a director of the CDNX Exchange, the predecessor of the TSX Venture exchange in addition to serving on the Board of Directors of numerous public and private companies over the last 30 years.

“The plan for Alta Vista is indeed ambitious and very exciting.  I am very happy to be involved on the ground floor of this unique situation in the Unmanned Aerial Vehicle industry. It is very clear the industry is currently experiencing substantial growth and new uses are being discovered all the time”, said Mr. Groome.

Mr. Groome has been granted 500,000 stock options at $0.10.


About Alta Vista Ventures:

Alta Vista Ventures’ goal is to enter the Unmanned Aerial Vehicle (UAV) industry by purchasing a varied group of companies that will complement each other and, in turn, create a consortium of businesses that will cover all aspects of the UAV industry.


On behalf of the Board,

“Jason Springett”
Jason Springett, President



For additional information on Alta Vista Ventures please contact Mr. Donald Shaxon at 289-697-8625


Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Source: Alta Vista Ventures Ltd. (CSE:AVV, OTC Bulletin Board:YRLLF)