DEVERON CORP - DVRNF STOCK NEWS

Welcome to our dedicated page for DEVERON news (Ticker: DVRNF), a resource for investors and traders seeking the latest updates and insights on DEVERON stock.

Deveron Corp (TSXV: FARM) is a prominent agriculture service and data company in North America. Specializing in helping farmers and large agriculture enterprises optimize yields, reduce costs, and enhance farm outcomes, Deveron employs a digital process utilizing data and insights collected from farms across the region. The company's products provide unbiased interpretation for production decisions, focusing on optimizing input use while offering recommendations on managing fertilizer, seed, fungicide, and other farm inputs efficiently. With a vast network of data technicians collecting a variety of farm data, Deveron has built a foundation of best-in-class data layers. Operating primarily in the US and Canada where 1 billion acres are farmed annually, Deveron aims to deliver innovative solutions to the agriculture sector.

05/27/2024 09:24 AM

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Deveron Announces Receipt of Demand Letter with Respect to Unsecured Loans Totaling $4,726,600

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Deveron has received a demand letter from two unsecured creditors for repayment of loans totaling $4,726,600. These loans, including $400,949 in accrued interest, were issued to fund the acquisition of a 67% stake in A&L Laboratories Canada East. The demand letter calls for repayment by May 30, 2024. The creditors involved are Directors and Officers of A&L Laboratories. Deveron is currently exploring its options to address these debts.

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05/23/2024 05:15 PM

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Deveron Announces Dates for Q3 2024 Earnings Release

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Deveron Corp., a prominent agriculture service and data company in North America, announced it will release its Q3 2024 financial results after market close on Tuesday, May 28, 2024. The results will be posted on SEDAR Plus and Deveron's financials web page. A live audio webcast to discuss these results will be held on Wednesday, May 29, 2024, at 8:00 AM Eastern Time. Participants can access the webcast through a specific link or by dialing in. A transcript and audio replay will be available on Deveron's Investor website after the event.

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02/21/2024 06:30 PM

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Deveron Reports Fiscal Q2/2024 Financial Results

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Deveron Corp. reports positive financial results for the second quarter of 2024, with a 17% growth in Non-IFRS Adjusted EBITDA and a 1% increase in revenue. The company focused on profitability by deprioritizing unprofitable services, resulting in improved EBITDA margin. Deveron's strategic shift towards the fertility business unit led to cost savings and revenue growth, showcasing a promising outlook for future growth.

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02/14/2024 06:30 PM

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Deveron Announces Dates for Q2 2024 Earnings Release

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Deveron Corp. (DVRNF) announces the release of its Q2 financial results on February 21st, 2024, with a live audio webcast scheduled for February 22nd, 2024. The financial results will be available on SEDAR Plus and Deveron's financials web page. Participants can join the webcast via the provided link or dial-in number. A transcript and audio replay will be accessible on Deveron's Investor website post-event.

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02/07/2024 07:30 AM

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Deveron Passes 2-Stage Pilot and Onboards New PFAS Enterprise Customer

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Deveron Corp. announces a new enterprise contract with a prominent player in PFAS remediation, marking a significant opportunity for the company to enter a new and growing market. The contract involves utilizing A&L Laboratories Canada for internal testing needs to assess the success of PFAS water removal technology. PFAS are synthetic chemicals with widespread use and potential environmental and health concerns, and Deveron sees this as a chance to become a leader in the market and support the community.

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12/29/2023 06:00 PM

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Deveron Announces Option Grant

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Deveron Corp. (TSXV: FARM) Grants 2,500,000 Stock Options to Employees

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12/06/2023 07:30 AM

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Deveron Announces Implementation of Cost Optimization Program

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Deveron Corp. (TSXV: FARM) announces the implementation of a $1.5 million cost optimization program, resulting in $2,400,000 in annual run rate savings. The company has reduced field staff and ancillary support costs within its carbon business unit to prioritize profitable fertility-related field services execution and focus. Deveron's President and CEO, David MacMillan, stated that the cost adjustments have better aligned the company's network capacity with profitable service regions and its core fertility business, allowing for further opportunities to deliver increasing soil volumes to the labs and creating significant operating leverage for the business ahead.

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11/21/2023 07:09 PM

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Deveron Reports Fiscal Q1/2024 Financial Results and Improvement to Cost Structure

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Deveron Corp. (FARM) reports revenue growth to $7,718,602 in Q1/2024 from $7,189,494 in the similar period. The company achieved 16% year-over-year gross profit growth and a 11% improvement in Non-IFRS EBITDA Loss. Soil fertility testing activity saw a strong 21% increase, contributing to the improvement in gross margin percentage to 65% from 60% in the similar period. Despite headwinds in ancillary business lines, the company remains optimistic about trends in its core fertility business.

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11/17/2023 09:25 AM

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Deveron Announces Dates for Q1 2024 Earnings Release

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Deveron Corp. (TSXV: FARM) to release Q1 financial results on November 21st, 2023, followed by a live audio webcast on November 22nd, 2023, to discuss the highlights. The financial results and related documents will be available on SEDAR and Deveron's financials web page. A transcript and audio replay will be accessible on Deveron's Investor website. Questions limited to analysts.

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11/01/2023 07:30 AM

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Deveron Corp Announces the Launch of PFAS Testing Service

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Deveron Corp. subsidiary A&L Canada Laboratories Inc. has launched a new testing service for analyzing Per- and Polyfluoroalkyl Substances (PFAS) in soil, water, compost, and other matrices. PFAS are synthetic chemicals with potential environmental and health concerns. Deveron aims to improve result turnaround times for customers while ensuring compliance with North American testing standards.

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FAQ

What is the market cap of DEVERON (DVRNF)?

The market cap of DEVERON (DVRNF) is approximately 7.0M.

What does Deveron Corp specialize in?

Deveron Corp specializes in providing agriculture services and data solutions to help farmers and large agriculture enterprises optimize yields, reduce costs, and enhance farm outcomes.

Where does Deveron Corp primarily operate?

Deveron Corp primarily operates in the US and Canada, where 1 billion acres are actively farmed annually.

What kind of recommendations does Deveron Corp offer to farmers?

Deveron Corp offers recommendations on managing fertilizer, seed, fungicide, and other farm inputs efficiently, based on the data and insights collected from farms across North America.

What is Deveron Corp's focus in terms of farm data collection?

Deveron Corp focuses on collecting a variety of farm data, from soil to drone data, through a national network of data technicians to build its best-in-class data layers.

What is the significance of Deveron Corp's digital process?

Deveron Corp's digital process utilizes data and insights collected from farms across North America to provide unbiased interpretation for production decisions, ultimately aiming to optimize input use.

How does Deveron Corp help farmers increase yields?

Deveron Corp helps farmers increase yields by offering innovative solutions and products that recommend ways to manage farm inputs better, ultimately driving improved farm outcomes.

What sets Deveron Corp apart from its competitors?

Deveron Corp sets itself apart by focusing on delivering unbiased interpretation of production decisions through its digital process, leveraging data and insights collected from farms in North America.

What regions does Deveron Corp primarily cater to?

Deveron Corp primarily caters to the US and Canada, targeting the active farming industry in these regions.

How does Deveron Corp contribute to reducing costs for farmers?

Deveron Corp contributes to reducing costs for farmers by offering recommendations on optimizing input use and managing farm inputs efficiently, leading to cost savings and improved outcomes.

What is the main goal of Deveron Corp?

The main goal of Deveron Corp is to provide innovative agriculture solutions that help farmers and agriculture enterprises increase yields, reduce costs, and enhance farm outcomes through data-driven insights and recommendations.