May 3 (Reuters) - HGL Ltd HNG.AX :
* HAS SIGNED A HEADS OF AGREEMENT TO ACQUIRE A 60 PER CENT INTEREST IN RISE ABOVE DRONE SOLUTIONS
* HGL'S INVESTMENT WILL BE A MINIMUM OF $1.6 MILLION OVER A TWELVE MONTH PERIOD
May 3 (Reuters) - HGL Ltd HNG.AX :
* HAS SIGNED A HEADS OF AGREEMENT TO ACQUIRE A 60 PER CENT INTEREST IN RISE ABOVE DRONE SOLUTIONS
* HGL'S INVESTMENT WILL BE A MINIMUM OF $1.6 MILLION OVER A TWELVE MONTH PERIOD