20:59:13 EDT Thu 30 Mar 2023
Enter Symbol
or Name

Login ID:
Deveron Corp
Symbol FARM
Shares Issued 136,421,106
Close 2023-03-17 C$ 0.35
Recent Sedar Documents

Deveron to issue 295,043 shares for debt

2023-03-17 18:49 ET - News Release

Mr. Phil Linton reports


Deveron Corp. 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 of the company at a deemed price of 35 cents per common share. The debt settlement remains subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued in connection with the debt settlement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

About Deveron Corp.

Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive unbiased interpretation of production decisions, ultimately recommending how to optimize input use. The company's team of agronomists and data scientists build products that recommend ways to better manage fertilizer, seed, fungicide and other farm inputs. Additionally, the company has a national network of data technicians that are deployed to collect various types of farm data, from soil to drone. The company's geographic focus is the United States and Canada, where one billion acres are actively farmed annually.

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