Deveron Reports Annual and Special Meeting Results

Rhea-AI Summary

Deveron Corp. announces successful results of annual and special meeting of shareholders

Positive

• All matters presented for approval at the Meeting were duly authorized and approved
• Each of the following nominees was elected as a director of the Company

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - July 28, 2023) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company"), a leading agriculture service and data company in North America, is pleased to announce the results of yesterday's annual and special meeting of shareholders. (the "Meeting").

All matters presented for approval at the Meeting were duly authorized and approved, as follows:

1. each of the following nominees was elected as a director of the Company. The results of the shares voted in person or by proxy in respect of the election of each director are:

Nominee	Votes For	Votes Withheld
David MacMillan	57,738,604 (99.428%)	331,986 (0.572%)
William (Bill) Linton	57,938,604 (99.773%)	131,986 (0.227%)
Chris Irwin	51,775,036 (89.159%)	6,295,554 (10.841%)
Roger Dent	52,155,104 (89.813%)	5,915,486 (10.187%)
Joelle Faulkner	57,938,604 (99.773%)	131,986 (0.227%)
Greg Patterson	57,938,604 (99.773%)	131,986 (0.227%)
Tim Close	57,938,604 (99.773%)	131,986 (0.227%)

2. the appointment of Grant Thornton LLP, Chartered Professional Accountants as the Company's auditor until the next annual meeting of shareholders and the board of directors were authorized to fix the remuneration of the auditor.
3. the approval and confirmation of the stock option plan.

About Deveron: 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. Our team of agronomists and data scientists build products that recommend ways to manage fertilizer, seed, fungicide and other farm inputs better. Additionally, we have a national network of data technicians that are deployed to collect various types of farm data, from soil to drone, that build a basis of our best-in-class data layers. Our focus is the US and Canada where 1 billion acres are actively farmed annually.

For more information and to join our community, please visit www.deveron.com/investors or reach us on Twitter @Deveron.

Philip Linton
VP Corporate Development
Deveron Corp.
plinton@deveron.com
Tel: 647-622-0076

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain "forward-looking statements" within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world-wide price of agricultural commodities, general market conditions, risks inherent in agriculture, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/175246

FAQ

What were the results of the annual and special meeting of shareholders?

All matters presented for approval at the Meeting were duly authorized and approved

Who were elected as directors of the Company?

The following nominees were elected as directors of the Company