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...
2022-10-05 5:01 PM EDT
Deveron Signs Definitive Agreement with Frontier Labs and Announces Upsizing of Private Placement
Acquisition would increase Deveron's soil lab capacity by 200,000 samples annuallyFrontier Labs influences 320,000 acres annually through its soil lab and soil sampling services Acquisition would add 2021 unaudited revenue of $2.1 million and EBITDA of $450,000Deveron announces upsizing of private placement financing 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...
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 achievable alone and we...
2022-09-23 10:24 AM EDT
Deveron Signs LOI with Frontier Labs
Acquisition would increase Deveron's soil lab capacity by 200,000 samples annuallyFrontier Labs influences 320,000 acres annually through its soil lab and soil sampling services Acquisition would add 2021 unaudited revenue of $2.1 M and EBITDA of $450,000European Long Only Impact Fund, Coeli Circulus, to help finance the acquisitionToronto, 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...
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 HighlightsThe Company's revenue improved...
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 AM Eastern Time...
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 US$420,000 and 750,000 common...
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...
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 the Acquisition, as amended on May 10,...
2022-05-24 9:50 AM EDT
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 67% equity interest (the "Acquisition") in A&L Canada Laboratories East,...
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 Amendment") dated May 10, 2022....
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 was...
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 in-field soil technicians across the US and...
2022-03-23 7:00 AM EDT
Deveron Acquires Agri-Labs, Inc. and Continues to Execute on Vertical Integration
Deveron increases soil lab capacity by 45,000 samples annually, executing on vertical integration strategyAdds 2021 unaudited revenue of US $664k and EBITDA of US $240kToronto, 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...
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") in...
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 a price of $0.70 per Unit...
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 soil carbon data. Additionally, Deveron will work with Generic to...
2022-01-18 7:00 AM EST