Deveron Announces Intention to Delist
Rhea-AI Summary
Deveron (OTC: DVRNF) announced it received disinterested shareholder approval to voluntarily delist its common shares from the TSX Venture Exchange, with the vote taken at the annual and special meeting on December 30, 2025. The company has filed a delisting application with the TSXV and said the move is "in the best interests of both shareholders and the Company." Deveron also confirmed it will remain a reporting issuer in Canada and continue to meet ongoing disclosure obligations under applicable securities legislation.
Positive
- Shareholder approval secured for voluntary delisting (Dec 30, 2025)
- Delisting application filed with TSXV
- Continued disclosure as a Canadian reporting issuer
Negative
- Loss of TSXV listing may reduce public market liquidity
- Potential investor access constraints for TSXV-focused shareholders
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - April 8, 2026) - Deveron Corp. (TSXV: FARM.H) ("Deveron" or the "Company") announces that it has obtained disinterested shareholder approval to voluntarily delist (the "Delisting") its common shares (the "Common Shares") from the TSX Venture Exchange (the "TSXV") at its annual and special meeting of shareholders held on December 30, 2025. The Company confirms it has filed an application with the TSXV for the Delisting.
The Company has determined that the Delisting is in the best interests of both shareholders and the Company. Despite the Delisting, the Company will continue to be subject to ongoing disclosure and other obligations as a reporting issuer under applicable securities legislation in Canada.
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.
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.
For more information and to join our community, please visit www.deveron.com.
David MacMillan
President & CEO
dmacmillan@deveron.com
Tel: 647-963-2429
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.sedarplus.ca. 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/291668