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 (DVRNF) drives innovation in precision agriculture through its data-driven farm optimization platform. This hub provides comprehensive access to official company announcements, financial updates, and operational developments.
Investors and agricultural professionals will find timely updates on earnings reports, technology partnerships, and strategic initiatives. Our curated collection includes analyses of Deveron's soil testing advancements, drone imagery applications, and sustainability-focused consulting services.
Key updates cover new data service launches, North American market expansions, and collaborations with agricultural enterprises. All content is verified through primary sources to ensure accuracy for investment research and industry analysis.
Bookmark this page for streamlined access to Deveron's evolving role in digital agriculture. Check regularly for insights into how their data networks and agronomic expertise shape modern crop management practices.
Deveron (OTC: DVRNF) entered a share and asset purchase agreement dated November 3, 2025 to sell all assets, including its 66.6% stake in A&L East, to affiliates of Rock River for aggregate consideration of US$36.4M.
Consideration includes US$18.9M to repay TD Bank debt, US$7.8M cash, US$6.2M Seller Notes, US$3.5M Rock River equity and up to US$1M earnouts. Deveron shareholders receive an aggregate US$1.0M cash (~US$0.0067/share).
Voting support covers ~52% of shares; debenture consents cover 66.9%. Closing is subject to shareholder and TSXV approval and is expected on or before April 30, 2026. Trading remains halted since November 1, 2024.
Deveron (OTC: DVRNF) announced board changes effective October 27, 2025. Three directors—Roger Dent, Greg Patterson and Ron Patterson—resigned effective immediately.
The company appointed Chris Irwin as a director; Irwin is a securities and corporate/commercial lawyer, managing partner of Irwin Lowy LLP since January 2010, and has previously held senior roles at Irwin Professional Corporation and Wildeboer Dellelce LLP. The release notes Irwin advises public companies and serves as a director/officer of several public companies.
Deveron (TSXV:FARM, OTC:DVRNF) announced it will not file its audited consolidated financial statements, MD&A and management certifications for the year ended June 30, 2025 by the prescribed deadline of October 28, 2025.
The company cites financial difficulties and says it is unable to estimate when the Annual Filings will be completed. The release notes that neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of the release.
Deveron (OTC:DVRNF) entered an Amending Agreement with Toronto Dominion Bank dated October 9, 2025, modifying a forbearance agreement originally dated April 25, 2025.
The lender agreed to forbear from exercising remedies on specified defaults until the earlier of December 12, 2025 or a defined Forbearance Termination Event. The Loan has approximately $25 million principal outstanding across term debt and a drawn operating line under a secured credit agreement dated May 15, 2023.
The forbearance supports the continuation of Deveron’s strategic review to address short‑term liquidity needs; the company will update the market if further disclosure becomes appropriate.
Deveron Corp. (TSXV: FARM), a North American agriculture services and data company, has filed corrective disclosures following an Ontario Securities Commission (OSC) review. The corrections address deficiencies in multiple financial reports, including the 2024 annual financials and quarterly reports for Q1, Q2, and Q3 2025.
The company made these corrections as part of its application to revoke a failure-to-file cease trade order issued by the OSC on November 1, 2024. Key corrections include adjustments to impairment expenses, earnings per share figures, reclassification of convertible debentures, and comparative period disclosures. As a result, Deveron has been placed on the OSC's Errors and Refilings List.
Deveron Corp. (TSXV: FARM) has announced the extension of maturity date for its $10.015 million 7% unsecured convertible debentures. The maturity date has been extended from August 16, 2025, to October 31, 2025.
Company insiders own $40,000 of the debentures, qualifying as a related party transaction. Deveron is utilizing exemptions from valuation and minority shareholder approval requirements under MI 61-101, as the insider-held debentures represent less than 25% of the company's market capitalization.
Deveron Corp. (DVRNF) has announced an extension of the maturity date for its 7% unsecured convertible debentures with a principal amount of $10,015,000. The maturity date has been extended from May 18, 2025 to August 16, 2025. Company insiders hold $40,000 of these debentures. All other terms of the debentures remain unchanged. The amendment is effective as of May 21, 2025, pending TSX Venture Exchange acceptance.
Deveron has entered into a forbearance agreement with Toronto Dominion Bank regarding an outstanding loan of approximately $26 Million. The agreement, signed on April 25th, 2025, covers both term debt and drawn operating line of credit under a secured credit agreement from May 15, 2023.
Key details of the forbearance:
- The lender agrees to temporarily halt exercising its rights and remedies for certain credit agreement defaults
- Agreement extends until September 30, 2025, or until a Forbearance Termination Event occurs
- Allows Deveron to continue its strategic review process
- Company aims to evaluate alternatives for addressing short-term liquidity needs
The company, which trades on TSX Venture Exchange under symbol FARM, will provide updates when appropriate. This development involves Deveron's subsidiary A&L Canada Laboratories in the credit agreement structure.
Deveron Corp (TSXV: FARM) announced the immediate resignation of Albert Contardi from his position as director of the company on April 8, 2025. The company expressed gratitude for Contardi's contributions during his tenure and extended well wishes for his future endeavors.
Deveron Corp (TSXV: FARM) reported declining financial results for Q2/2025. Revenue decreased 22% to $11.9M from $15.3M in Q2/2024, while Non-IFRS Adjusted EBITDA fell 39% to $3.4M from $5.6M.
The company faced challenges including softer sales in fertility and specialty tissue products in Canada, macroeconomic pressures in North American agriculture, and exit from unprofitable carbon business. Operating expenses decreased 22% to $7.24M, with 16% reduction from cost optimization efforts. Gross profit margin declined from 74% to 68%.
Notably, Deveron has significant upcoming debt obligations: $10.1M in convertible debentures due May 2025 and $22M Term Debt at A&L level up for renewal. The company is currently under a cease trade order from OSC dated November 1, 2024, and has filed for revocation.
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