FOR IMMEDIATE RELEASE: July 14, 2016
Deveron Resources Ltd. (“Deveron” or the “Company”), is pleased to announce that it has changed the name of the Company to “DeveronUASCorp.”. Shareholders of the Company approved, among other things, the name change at the annual and special meeting of the Company held on June 28, 2016. The CUSIP number assigned to the Company’s shares following the name change is 251632105.
The Company has also received approval for the delisting of its common shares from the TSX Venture Exchange, effective July 14, 2016.
The Company’s common shares have been conditionally accepted for listing on the Canadian Securities Exchange (the “CSE”), subject to the satisfaction of customary listing conditions, and the Company anticipates to trade under its existing symbol “DVR” upon listing on the CSE on or around July 18, 2016.
AboutDeveronUAS:
Deveron’s new business, called Deveron UAS, is a full-service company providing farmers with the opportunity to increase yields and reduce costs through the use of sophisticated Unmanned Aerial Systems (“UAS” or “drones”), sensors, software and analytics. The service offering is targeted at farmers, agricultural retailers and independent agronomists using the most advanced drones and sensors on the market today. The Company provides a strong value proposition to farmers through reduced costs and/or increased yields (through the optimization of input costs such as water, fertilizer, pesticides, etc.)
For more information and to join our community, please visit www.deveronuas.com
David MacMillan
VP Corporate Development Deveron Resources Ltd.
416-367-4571 ext. 226
dmacmillan@deveronresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Thisnewsreleaseincludescertain“forward-lookingstatements”withinthemeaningofthatphraseunderCanadiansecuritieslaws.Withoutlimitation,statementsregardingpotentialmineralizationandresources,explorationresults,andfutureplansand objectives of theCompanyareforwardlookingstatementsthatinvolvevarious degrees of risk.Forward-lookingstatementsreflectmanagement’scurrentviewswithrespecttopossiblefutureeventsandconditionsand,bytheirnature,arebasedonmanagement’sbeliefsandassumptionsandsubjecttoknownandunknownrisksanduncertainties,bothgeneralandspecifictotheCompany.AlthoughtheCompanybelievestheexpectationsexpressedinsuchforward-lookingstatementsarereasonable,suchstatementsarenotguaranteesoffutureperformanceandactualresultsordevelopmentsmaydiffermateriallyfromthoseinourforward-lookingstatements.ThefollowingareimportantfactorsthatcouldcausetheCompany’sactualresultstodiffermateriallyfromthoseexpressedorimpliedbysuchforwardlookingstatements:changesintheworldwidepriceofcommodities,generalmarket conditions, risksinherent in exploration, risksassociated with development, construction and miningoperations,theuncertaintyoffutureprofitabilityandtheuncertaintyofaccesstoadditionalcapital.Additionalinformationregardingthematerialfactorsandassumptionsthatwereappliedinmakingtheseforwardlookingstatementsas wellas thevarious risksanduncertaintieswefacearedescribedingreaterdetailinthe“RiskFactors”sectionofourannualandinterimManagement’sDiscussionandAnalysisofourfinancialresultsandothercontinuousdisclosuredocumentsandfinancialstatementswefilewiththeCanadiansecurities regulatoryauthoritieswhichareavailableatwww.sedar.com. TheCompanyundertakesnoobligationtoupdatethisforward-lookinginformationexceptas requiredbyapplicablelaw.TheCompanyreliesonlitigationprotectionfor forwardlookingstatements.