Deveron Announces Strategic Cost Optimization and Synergy Program
Toronto, Ontario--(Newsfile Corp. - December 1, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, announces that the Company has implemented a significant cost optimization program driven by a strategic refocusing on the North American soil testing market and the synergies created from its recent acquisitions. Soil sampling and laboratory testing are essential functions in the processes of food production. Soil health is...
2022-12-01 8:28 AM EST
Deveron Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - November 23, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce it has granted an aggregate of 300,000 stock options (the "Options") to purchase common shares (the "Common Shares") of the Company exercisable at a price of $0.475 per Common Share and expiring on November 23, 2027, to an employee and a director of the Company. The common shares issuable upon exercise of...
2022-11-23 6:00 PM EST
Deveron Reports $7.2 Million in Revenue in Q3 2022
Toronto, Ontario--(Newsfile Corp. - November 21, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to report Q3 2022 year-over-year revenue growth of 347%. Revenue grew to $7,189,494 in Q3 2022 from $1,607,569 in Q3 2021, driven by 62% organic growth. Year to date revenue grew 235% to $13,779,833 in Q3 2022 from $4,107,373 in Q3 2021. Full financial results are available at sedar.com. Third Quarter 2022 Financial...
2022-11-21 7:00 PM EST
Deveron Appoints New Board Member
Toronto, Ontario--(Newsfile Corp. - November 17, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce it has appointed Tim Close as a director to the Company's Board. Tim is the former President, and CEO of AGI, a leading provider of equipment and technology solutions for the world's food infrastructure including seed, fertilizer, grain, feed, and food processing systems. Tim oversaw the strategic...
2022-11-17 7:00 AM EST
Deveron Announces Dates for Q3 2022 Earnings Release
Toronto, Ontario--(Newsfile Corp. - November 14, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that the Company's Q3 2022 financial results will be released after market close on Monday, November 21st, 2022. 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 at...
2022-11-14 6:00 PM EST
Deveron Closes Acquisition of Assets of Frontier Labs
Toronto, Ontario--(Newsfile Corp. - November 1, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that further to its press release of October 4, 2022, the Company has acquired (the "Acquisition") all of the assets of Frontier Labs Inc. ("Frontier Labs") pursuant to an arm's length definitive agreement (the "Definitive Agreement") dated October 4, 2022 between the Company and Frontier Labs. Frontier...
2022-11-01 6:30 PM EDT
Deveron Expands Multi-Year Contract with USDA for use of Carbon Services Platform by US $900,000
Toronto, Ontario--(Newsfile Corp. - October 18, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that due to the success of the initial year of the project and further to its press release of October 14, 2021 the Company has expanded its enterprise agreement supporting the USDA by US $900,000. This represents organic growth of 50% on the contract and increases the total value to US $2.7 million. The...
2022-10-18 7:00 AM EDT
Deveron Selected as Key Partner in $7.5 Million USDA Climate Smart Commodities Initiative
Toronto, Ontario--(Newsfile Corp. - October 12, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce the Company has been named as a key partner in a multiyear US $7.5 million USDA initiative, with current enterprise client, AgriCapture. The partnership, which is focused on Arkansas, Mississippi, Missouri, Louisiana, Texas, and California, provides AgirCapture access to Deveron's carbon services platform...
2022-10-12 7:00 AM EDT
Deveron Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - October 5, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that further to its press releases of September 20, 2022 and October 4, 2022, the Company has closed a non-brokered private placement through the issuance of 5,400,000 common shares (the "Common Shares") in the capital of the Company at a price of $0.50 per Common Share for gross proceeds of $2,700,000 (the...
2022-10-05 5:01 PM EDT
Deveron Signs Definitive Agreement with Frontier Labs and Announces Upsizing of Private Placement
Toronto, Ontario--(Newsfile Corp. - October 4, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that the Company has signed an arm's length definitive agreement (the "Definitive Agreement") dated October 4, 2022, to acquire 100% of the assets of Frontier Labs Inc.
2022-10-04 6:30 PM EDT
Deveron Places 27th on The Globe and Mail's Fourth-Annual Ranking of Canada's Top Growing Companies
Toronto, Ontario--(Newsfile Corp. - September 23, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), is pleased to announce it placed 27th on the 2022 Report on Business ranking of Canada's Top Growing Companies. Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth. Deveron earned its spot with three-year growth of 1618%. "We are so excited to make The Globe and Mail's ranking of Canada's top growing companies. This level of growth isn't...
2022-09-23 10:24 AM EDT
Deveron Signs LOI with Frontier Labs
Toronto, Ontario--(Newsfile Corp. - September 20, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that the Company has completed a Letter of Intent (the "LOI") with Frontier Labs Inc ("Frontier Labs"). Pursuant to which the Company an
2022-09-20 7:00 PM EDT
Deveron Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - August 26, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce it has granted an aggregate of 2,000,000 stock options (the "Options") to purchase common shares (the "Common Shares") of the Company exercisable at a price of $0.56 per Common Share and expiring on August 26., 2028, to an officer of the Company. The common shares issuable upon exercise of the options are...
2022-08-26 6:30 PM EDT
Deveron Reports $5.2 Million in Revenue in Q2 2022
Toronto, Ontario--(Newsfile Corp. - August 22, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to report Q2 2022 year-over-year revenue growth of 183%. Revenue grew to $5,183,378 in Q2 2022 from $1,832,078 in Q2 2021, driven by 64% organic growth. In Q2 2022, Deveron recorded one month of revenue from its recently completed transaction with A&L Canada in May 2022. Second Quarter 2022 Financial Highlights The...
2022-08-22 6:15 PM EDT
Deveron Announces Dates for Q2 2022 Earnings Release
Toronto, Ontario--(Newsfile Corp. - August 15, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that the Company's Q2 2022 financial results will be released after market close on Monday, August 22nd, 2022. 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 at 8:00...
2022-08-15 6:30 PM EDT
Deveron Announces Debt Settlement
Toronto, Ontario--(Newsfile Corp. - July 29, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, announces that in connection with its previously announced acquisition of the assets of Stealth Ag, Inc. ("Stealth"), as set out in its press releases of May 27, 2021, August 30, 2021 and June 29, 2022, Stealth has exceeded gross revenues of US$1,000,000 during the fiscal year ending December 31, 2021. As a result of achieving this...
2022-07-29 6:00 PM EDT
Deveron Acquires Assets of Agri-Labs Inc.
Toronto, Ontario--(Newsfile Corp. - July 6, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, announces that further it its press releases of March 11, 2022 and June 29, 2022, with respect to the acquisition of the assets of Agri-Labs, Inc. ("Agri-Labs"), a leading soil lab and agronomy company that services Indiana, Michigan, and Ohio (the "Acquisition"), the Company has made its initial milestone payment consisting of...
2022-07-06 5:30 PM EDT
Deveron Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - June 29, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, announces that it has granted an aggregate of 388,637 options to purchase common shares of the Company exercisable at a price of $0.55 per common share and expiring on June 29, 2027, to certain officers, directors and employees of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold...
2022-06-29 6:38 PM EDT
Deveron Achieves 111% Revenue Growth in Q1 2022
Toronto, Ontario--(Newsfile Corp. - May 31, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to report Q1 2022 year-over-year revenue growth of 111%. Revenue grew to $1,406,961 in Q1 2022 from $667,726 in Q1 2021, driven by 134% growth in data collection revenue. Deveron reminds investors that the first quarter of the year typically is impacted by the seasonal nature of the North American farming business First...
2022-05-31 7:00 AM EDT
Deveron Completes Transformative Acquisition of Controlling Interest in A&L Canada Laboratories
Toronto, Ontario--(Newsfile Corp. - May 24, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that Deveron has completed its previously-announced acquisition of a 67% equity interest (the "Acquisition") in A&L Canada Laboratories East, Inc. ("A&L"), a leading Canadian soil health and plant tissue testing laboratory. Pursuant to the terms of the share purchase agreement entered into in connection with...
2022-05-24 9:50 AM EDT