Deveron Announces Closing of Private Placement of Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - May 18, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of 7.0% unsecured convertible debentures (each, a "Debenture") for aggregate gross proceeds of $10 million. The Private Placement was completed in connection with Deveron's previously-announced acquisition of a...
2022-05-18 6:44 PM EDT
Deveron Announces Amendment to Share Purchase Agreement, Private Placement of Convertible Debentures and Withdrawal of Public Offering of Subscription Receipts
Toronto, Ontario--(Newsfile Corp. - May 10, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), announced today that, further to its press release on May 2, 2022 wherein it announced that it had entered into a share purchase agreement (the "Purchase Agreement") with certain vendor shareholders to acquire (the "Acquisition") a 67% equity interest in A&L Canada Laboratories East, Inc. ("A&L"), it has entered into an amendment to the Purchase Agreement (the "Purchase Agreement...
2022-05-10 3:55 PM EDT
Deveron Reports Growth in Q4/2021
Toronto, Ontario--(Newsfile Corp. - March 31, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce Q4/2021 revenue growth of 497%, with revenue increasing to $4,491,103 in Q4/2021 from $752,432 in Q4/2020. Revenue for the full year grew 200% to $8,598,475 in 2021 from $2,869,453 in 2020. The Company achieved strong organic growth, at 138% for Q4/2021 and 94% for 2021 overall. The remaining revenue growth...
2022-03-31 6:00 AM EDT
Deveron Signs New Enterprise Client to End-To-End Carbon Services Platform
Toronto, Ontario--(Newsfile Corp. - March 23, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture data company in North America, is pleased to announce the Company has signed a $750,000 enterprise contract with an agricultural carbon provider. The contract, focused on 85,000 acres in the Mississippi Delta, provides the client access to Deveron's platform for collecting, analyzing, and sharing in-field soil carbon data. "With a growing network of over 100...
2022-03-23 7:00 AM EDT
Deveron Acquires Agri-Labs, Inc. and Continues to Execute on Vertical Integration
Toronto, Ontario--(Newsfile Corp. - March 11, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agricultural data company in North America, is pleased to announce it has entered into a definitive agreement dated March 10th, 2022 (the "Definitive Agreement") to acquire the assets of Agri-Labs, Inc. ("Agri-Labs"), a leading soil lab and agronomy company that services Indiana, Michigan, and Ohio (the "Acquisition"). Agri-Labs conducts approximately 45,000 soil tests...
2022-03-11 7:00 AM EST
Deveron Announces Closing of Private Placement
Toronto, Ontario--(Newsfile Corp. - March 9, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce that it has closed a non-brokered private placement through the issuance of 857,143 units (the "Units") in the capital of the Company at a price of $0.70 per Unit, for gross proceeds of $600,000.10 (the "Offering"). Each Unit is comprised of one common share (each, a "Common Share")...
2022-03-09 6:00 PM EST
Deveron Announces Closing of Overnight Marketed Public Offering
Toronto, Ontario--(Newsfile Corp. - February 25, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce that it had closed its previously announced overnight marketed offering (the "Offering") including the exercise in full of the over-allotment option. In connection with the Offering, the Company issued an aggregate of 16,428,573 units in the capital of the Company (the "Units") at...
2022-02-25 9:11 AM EST
Deveron Signs New Enterprise Client For Carbon Services Platform with Focus to Create Carbon Credits
Toronto, Ontario--(Newsfile Corp. - January 18, 2022) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce the Company has signed a $750,000 enterprise contract with a carbon credit-focused investment company, Generic Carbon Credit Corp. ("Generic"). The contract provides the client access to Deveron's new scalable and streamlined platform for collecting, analyzing, and sharing in-field...
2022-01-18 7:00 AM EST
Deveron Reports 127% Year-Over-Year Revenue Growth in Q3 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 18, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company") a leading agriculture digital services and analytics provider in North America is pleased to announce its financial results for the three months and nine months ended September 30, 2021. Q3 and YTD Summary Revenue in Q3 grew 127% year-over-year to $1,607,569. Revenue in the 9 months rose 94% year-over-year to $4,107,373. Gross profit in Q3 grew 128% year-over-year to $1,007,514 and...
2021-11-18 7:00 AM EST
Deveron Signs Fourth Enterprise Client for Carbon Services Platform
Toronto, Ontario--(Newsfile Corp. - November 9, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce the Company has signed a $105,000 enterprise contract with a leader in the agricultural technology space. The agreement, is in support of the client's carbon program that covers Ohio, Indiana, and Illinois. The contract provides the client access to Deveron's new platform which...
2021-11-09 7:00 AM EST
Deveron Signs Multi-Year, Multi-Million Dollar Enterprise Contract for Use of Carbon Services Platform
Toronto, Ontario--(Newsfile Corp. - October 19, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce that the Company has signed a four-year enterprise agreement, with an initial two-year statement of work valued at $3.14 million, with a global leader in the agricultural industry. The agreement initially covers nine states in 2021 with an expansion to 17 states in 2022, with an...
2021-10-19 7:00 AM EDT
Deveron Signs Multi-Year Contract with USDA for Use of Carbon Services Platform
Toronto, Ontario--(Newsfile Corp. - October 14, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce the Company has signed a four year enterprise agreement to support the first phase of the United States Department of Agriculture ("USDA") $10 million Conservation Reserve Program, valued at $1,800,000. The Company has agreed to provide $930,000 in collection service as well as...
2021-10-14 7:00 AM EDT
Deveron Corp. Places 48th on The Globe and Mail's Ranking of Canada's Top Growing Companies
Toronto, Ontario--(Newsfile Corp. - September 24, 2021) - Deveron Corp. (TSXV: FARM) is pleased to announce it placed 48th on the 2021 Report on Business ranking of Canada's Top Growing Companies. Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth. Deveron Corp. earned its spot with three-year growth of 1,273%. "We are pleased to be named as one of Canada's Top Growing Companies. But this wasn't achieved alone, we couldn't have done this without our team. The...
2021-09-24 2:00 PM EDT
Deveron Launches Agriculture Carbon Product with Initial Enterprise Customer Engagement in United States
Toronto, Ontario--(Newsfile Corp. - September 21, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce the launch of its agricultural carbon services platform. The platform is the first of its kind to provide a scalable and streamlined process of collecting, analyzing, and sharing in-field soil carbon data to support the development of carbon programs. Deveron's new platform...
2021-09-21 7:00 AM EDT
Deveron Acquires Agronomic Solutions, LLC. Expanding US Footprint
Toronto, Ontario--(Newsfile Corp. - September 9, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce it has entered into a definitive agreement dated September 8, 2021 (the "Definitive Agreement") to acquire the assets of Agronomic Solutions, LLC. ("Agronomic Solutions"), a leading digital agronomy company, that services Iowa, Nebraska, Missouri, Minnesota, Illinois and Kansas...
2021-09-09 7:00 AM EDT
Deveron Closes Acquisition of Stealth Ag Inc.
Toronto, Ontario--(Newsfile Corp. - August 30, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and insights provider in North America, is pleased to announce that further to its press release of May 27, 2021, it has acquired the assets of Stealth Ag, Inc. ("Stealth Ag"), a digital agronomy company, with offices in Minnesota and Iowa (the "Acquisition"). As consideration for the Acquisition, the Company will issue Stealth Ag an aggregate...
2021-08-30 5:30 PM EDT
Deveron Reports Record Revenue in Q2-2021 with 63% YoY Revenue Growth
Toronto, Ontario--(Newsfile Corp. - August 30, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company") a leading agriculture digital services and insights provider in North America, is pleased to announce revenue growth of 63% year over year to $1,832,078 in Q2 2021. Second Quarter 2021 Financial Highlights The Company's financial performance improved over the previous year's quarter, driven by the integration of our recently acquired companies and growing data insight solutions...
2021-08-30 7:00 AM EDT
Deveron Announces Closing of Second Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - August 24, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and analytics provider in North America, is pleased to announce that further to its press releases of August 3 and 17, 2021, the Company has closed the final tranche of its $8,210,957 private placement, through the issuance of 1,229,620 units in the capital of the Company (the "Units") at a price of $0.65 per Unit for gross proceeds of $799,253...
2021-08-24 4:30 PM EDT
Deveron Announces Upsize to Private Placement Financing and Closing of First Tranche
Toronto, Ontario--(Newsfile Corp. - August 17, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company") a leading agriculture digital services and analytics provider in North America, is pleased to announce that further to its press release of August 3, 2021, that due to investor demand the Company has increased the size of its non-brokered private placement financing to gross proceeds of $8,210,957 through the issuance of 12,632,242 units in the capital of the Company (the "Units") at...
2021-08-17 7:30 AM EDT
Deveron Announces Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - August 3, 2021) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture digital services and analytics provider in North America, is pleased to announce a non-brokered private placement financing for gross proceeds of $3,500,000 through the issuance of 5,384,615 units in the capital of the Company (the "Units") at a price of $0.65 per Unit (the "Offering"). Each Unit is comprised of one common share in the capital of the Company...
2021-08-03 7:30 AM EDT