Deveron Announces Appointment of CFO
Toronto, Ontario--(Newsfile Corp. - September 11, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, today announced, that Carmelo Marrelli has resigned as Chief Financial Officer ("CFO") of Deveron Corp, effective immediately. In addition, the Company is pleased to announce the appointment of Akshay Shirodker, as CFO of Deveron Corp. Akshay is a seasoned finance executive with proven ability to drive financial...
2023-09-11 6:30 PM EDT
Deveron Provides Preliminary Results for the Quarter Ending June 30, 2023
Toronto, Ontario--(Newsfile Corp. - September 7, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, announces that it has changed its fiscal year end to June 30th, aligning more logically with the North American agriculture season. In advance of completion of the audit, the Company is pleased to share its preliminary revenue and Non-IFRS adjusted EBITDA estimates for the quarter ending June 30th, 2023. Deveron is...
2023-09-07 7:00 AM EDT
Deveron Reports Annual and Special Meeting Results
Toronto, Ontario--(Newsfile Corp. - July 28, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce the results of yesterday's annual and special meeting of shareholders. (the "Meeting"). All matters presented for approval at the Meeting were duly authorized and approved, as follows: each of the following nominees was elected as a director of the Company. The results of the shares voted in person...
2023-07-28 9:07 AM EDT
Deveron Provides Spring Volume Numbers and Corporate Update
Toronto, Ontario--(Newsfile Corp. - July 25, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to provide an update on recent corporate developments and the Company's spring volume numbers. Deveron experienced record spring fertility sampling and testing volumes across our US and Canada lab networks between January 1st, 2023 and June 30th, 2023. Soil fertility acres collected increased by 24% to 355,866 from...
2023-07-25 7:30 AM EDT
Deveron Announces Proposed Debt Settlement and Option Grant
Toronto, Ontario--(Newsfile Corp. - June 30, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture services and data company in North America, announces that in connection with its previously announced acquisition of Stealth Ag, Inc. ("Stealth"), as set out in its press releases of May 27, 2021 and August 30, 2021, Stealth has exceeded gross revenues of US$1,250,000 during the Second Earn Out Period (as such term is defined in the press release of the Company...
2023-06-30 7:00 PM EDT
Deveron Selected for Development of USDA Soil Organic Carbon Training Program
Toronto, Ontario--(Newsfile Corp. - June 20, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture services and data company in North America, is pleased to announce that Woods End Laboratories, a subsidiary of Deveron Corp. has been selected by the United States Department of Agriculture's ("USDA") to support Michigan State University's US $1.95 million-dollar Soil Carbon IDEA: Inclusion, Diversity, Equity and Access program. Pursuant to USDA's press release,...
2023-06-20 7:00 AM EDT
Deveron Reports $5.36 Million in Revenue in Q1/2023, up 281% Year-Over-Year
Toronto, Ontario--(Newsfile Corp. - May 30, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture services and data company in North America, is pleased to report results for the three months ended March 31, 2023. Revenue grew to $5,358,540 in Q1/2023 from $1,406,961 in Q1/2022, driven by 473% growth in data insight services in line with the Company's strategy to focus on lab analysis services. Full financial results are available at www.sedar.com. First...
2023-05-30 6:00 PM EDT
Deveron Announces Dates for Q1 2023 Earnings Release
Toronto, Ontario--(Newsfile Corp. - May 23, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture services and data company in North America, is pleased to announce that the Company's Q1 2023 financial results will be released after market close on Tuesday, May 30th, 2023. At that time, the financial results and related documents will be posted on SEDAR and Deveron's financials web page at https://deveron.com/financials. Deveron will hold a live audio webcast...
2023-05-23 6:30 PM EDT
Deveron Announces Closing of Final Tranche of Offering
Toronto, Ontario--(Newsfile Corp. - May 17, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce that further to its press releases of April 14, 2023, April 25, 2023 and May 5, 2023, the Company has completed the second and final tranche of its previously announced prospectus offering through the issuance of 550,000 common shares (each, a "Common Share") in the capital of the Company at a price...
2023-05-17 5:15 PM EDT
Deveron Announces Closing of First Tranche of Offering
Toronto, Ontario--(Newsfile Corp. - May 5, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce that further to its press releases of April 14, 2023 and April 25, 2023, the Company has completed the first tranche of its previously announced prospectus offering through the issuance of 16,224,194 common shares (each, a "Common Share") in the capital of the Company at a price of $0.31 per Common...
2023-05-05 5:30 PM EDT
Deveron Reports 236% Annual Revenue Growth and $4.8 Million Adjusted EBITDA* in Q4 2022
Toronto, Ontario--(Newsfile Corp. - April 28, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce its Fiscal Year 2022 annual audited and Q4 results. Fiscal Year 2022 revenue grew 236% to $28,923,133 from $8,598,475 in 2021, while the adjusted EBITDA* loss improved to $(827,268) in 2022 from $(3,328,280) in 2021. In Q4/2022, adjusted EBITDA* totaled $4,815,798 compared to an adjusted EBITDA*...
2023-04-28 7:45 AM EDT
Deveron Announces Upsize to Private Placement
Toronto, Ontario--(Newsfile Corp. - April 25, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce that further to its press release of April 14, 2023, the previously announced non-brokered private placement common shares (each, a "Common Share") in the capital of the Company at a price of $0.31 per Common Share for has been increased to 16,774,194 Common Shares for aggregate gross proceeds of...
2023-04-25 7:30 AM EDT
Deveron Announces Dates for Q4 2022 Earnings Release
Toronto, Ontario--(Newsfile Corp. - April 18, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture services and data company in North America, is pleased to announce that the Company's Q4 and 2022 audited financial results will be released after market close on Thursday, April 27th, 2023. At that time, the financial results and related documents will be posted on SEDAR and Deveron's financials web page at https://deveron.com/financials. Deveron will hold a...
2023-04-18 5:15 PM EDT
Deveron Announces Private Placement and Debt Restructure
Toronto, Ontario--(Newsfile Corp. - April 14, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce a non-brokered private placement of up to 4,838,710 common shares (each, a "Common Share") in the capital of the Company at a price of $0.31 per Common Share for gross proceeds of $1,500,000 (the "Offering"). $1,000,000 of the proceeds are from insiders of the Company, including the newest board...
2023-04-14 8:34 AM EDT
Deveron Announces Completion of Debt Settlement
Toronto, Ontario--(Newsfile Corp. - March 24, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, announces that, further to its press release of March 17, 2023, it has settled an aggregate of $103,265 of indebtedness owed to an arm's length creditor of the Company to settle various earn-out payment terms of a previous acquisition, through the issuance of an aggregate of 295,043 common shares (each, a "Common...
2023-03-24 6:30 PM EDT
Deveron Announces Proposed Debt Settlement
Toronto, Ontario--(Newsfile Corp. - March 17, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, announces that it has agreed to settle an aggregate of $103,265 of indebtedness owed to an arm's length creditor of the Company through the issuance of an aggregate of 295,043 common shares (each, a "Common Share") of the Company at a deemed price of $0.35 per Common Share (the "Debt Settlement"). The Debt Settlement...
2023-03-17 6:30 PM EDT
Deveron Signs New Enterprise Contracts Totaling $9.5 Million
Toronto, Ontario--(Newsfile Corp. - March 14, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce that the Company has signed two new enterprise contracts, totaling $9.5 million. Focusing on tissue sampling and pesticide analysis, the first contract has a total value of $4 million spread over 2 years, via Deveron's subsidiary A&L Canada Laboratories ("A&L"). "We believe tissue and pesticide...
2023-03-14 7:00 AM EDT
Deveron Provides Preliminary Q4 Results
Toronto, Ontario--(Newsfile Corp. - March 8, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce preliminary revenue and Non-IFRS adjusted EBITDA estimates for the quarter ending December 31st, 2022. The Company is currently completing its 2022 audit. Given Deveron's multiple acquisitions in 2022, the Company cautions that certain adjustments are still being considered which could impact final...
2023-03-08 9:07 AM EST
Deveron Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - February 15, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce an update on recent corporate developments. In connection with the common share purchase warrants (the "Warrants") issued in connection with a non-brokered financing on December 23, 2020, through various exercises Deveron received proceeds of $2,385,128 from the exercise of 5,359,839 warrants with an...
2023-02-15 7:00 AM EST
Deveron Announces Retirement of Jim Pirie From Board of Directors
Toronto, Ontario--(Newsfile Corp. - December 23, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, announces that Jim Pirie, an original board member of Deveron, is retiring from the Board of Directors, effective January 1, 2023. Jim spent much of his career in the natural resources industry throughout the Americas and elsewhere around the world, focused on exploration for a variety of metals and minerals. More recently he...
2022-12-23 6:00 PM EST