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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.

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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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Deveron Corp. announces financial results for Q2 2023, with revenue growing 72% to $8.9 million and adjusted EBITDA reaching $182,184. For the financial period ended June 30th, 2023, revenue grew 116% to $14.3 million.
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Deveron Corp. to release Q4 and fiscal year 2023 audited financial results
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Deveron Corp. ranks 30th on Canada's Top Growing Companies list with three-year growth of 1307%. The company attributes its growth to its team's dedication and commitment to building the world's soil bank. Deveron's network of soil labs and technicians provides an independent and scalable soil data solution. The accomplishment is acknowledged as a drive and ingenuity displayed by Canadian business, inspiring future business owners.
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Deveron Corp. announces $2 million private placement of convertible debentures at $1,000 per Debenture. Proceeds to refinance promissory note and for working capital. Debentures mature in 3 years with 9% interest rate. Conversion price set at $0.42 per Common Share.
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Deveron Corp. announces CFO resignation and appointment, grants stock options
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Deveron Corp. announces preliminary Q4 2023 revenue of $8.8 million, a 70% increase YoY, and expects Non-IFRS adjusted EBITDA of at least $150,000, compared to a loss of $2 million in Q4 2022.
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Deveron Corp. announces successful results of annual and special meeting of shareholders
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FAQ

What is the market cap of DEVERON (DVRNF)?

The market cap of DEVERON (DVRNF) is approximately 5.2M.

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.

DEVERON CORP

OTC:DVRNF

DVRNF Rankings

DVRNF Stock Data

5.23M
173.31M
16.57%
5.69%
Information Technology Services
Technology
Link
United States of America
Toronto