FOR IMMEDIATE RELEASE: July 5, 2016
TSXV:DVR
Deveron Resources Ltd. (TSX-V: DVR) (“Deveron” or the “Company”), is pleased to announce that the Company has received conditional approval for the listing of the common shares (the “Common Shares”) of the Company on the CSE and the Common Shares will begin trading upon receipt of necessary regulatory approvals.
In addition, at the Company’s annual and special meeting of shareholders (the “Meeting”) held on June 28, 2016, shareholders voted in favour of the resolution brought before them to approve the voluntary delisting of the Common Shares of the Company from the TSX Venture Exchange and to approve the listing of the Common Shares on the Canadian Securities Exchange (the “CSE”).
The Company also reports that at the Meeting all resolutions presented in the information circular and proxy were approved, which included the amendment to the articles of incorporation to change the name of the Company to “Deveron UAS Corp.” and the re-election of the board of directors, namely, James Pirie, David MacMillan, Chris Irwin and James Borland.
AboutDeveronUAS:
Deveron’s new business, called Deveron UAS, is a data 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,andfutureplansandobjectivesoftheCompanyareforwardlookingstatementsthatinvolvevariousdegreesofrisk.Forward-lookingstatementsreflectmanagement’scurrentviewswithrespecttopossiblefutureeventsandconditionsand,bytheirnature,arebasedonmanagement’sbeliefsandassumptionsandsubjecttoknownandunknownrisksanduncertainties,bothgeneralandspecifictotheCompany.AlthoughtheCompanybelievestheexpectationsexpressedinsuchforward-lookingstatementsarereasonable,suchstatementsarenotguaranteesoffutureperformanceandactualresultsordevelopmentsmaydiffer materiallyfromthoseinourforward-lookingstatements.ThefollowingareimportantfactorsthatcouldcausetheCompany’sactualresultstodiffermateriallyfromthoseexpressedorimpliedbysuchforwardlookingstatements:changesintheworldwidepriceofcommodities,generalmarketconditions,risksinherentinexploration,risksassociatedwithdevelopment,constructionandminingoperations,theuncertaintyoffutureprofitabilityandtheuncertaintyofaccesstoadditionalcapital.Additionalinformationregardingthematerialfactorsandassumptionsthatwereappliedinmakingtheseforwardlookingstatementsaswellasthevariousrisksanduncertaintieswefacearedescribedingreaterdetailinthe“RiskFactors”sectionofourannualandinterimManagement’sDiscussionandAnalysisofourfinancial results and other continuous disclosure documents and financial statements we file withthe Canadiansecuritiesregulatoryauthoritieswhichareavailableatwww.sedar.com. TheCompanyundertakesnoobligationtoupdatethisforward-lookinginformationexceptasrequiredbyapplicablelaw.TheCompanyreliesonlitigation
protectionforforwardlookingstatements.