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topicnews · September 5, 2024

Deveron Announces Completion of First Tranche of Private Placement Page 1

Deveron Announces Completion of First Tranche of Private Placement Page 1

Toronto, Ontario–(Newsfile Corp. – September 4, 2024) – Deveron Corp. (TSXV:FARM) (“Deveron” or the “Pursue“), a leading agricultural services and data company in North America, is pleased to announce, further to its press releases dated August 15, 2024, that the Company has closed the first tranche of its non-brokered private placement through the issuance of 22,805,991 units (the “Units“) in the capital of the Company at a price of $0.07 per unit for gross proceeds of $1,596,419.37 (the “Offer“).

Each unit consists of one common share (each a “Ordinary share“) in the capital of the Company and half of one whole warrant to purchase one common share (each whole warrant is a “WarrantyEach Warrant entitles the holder thereof to purchase one Common Share at a price of $0.10 per Common Share until the date that is eighteen (18) months after the date of issuance.