FOR IMMEDIATE RELEASE: July 26, 2016
CSE:DVR
Toronto,Ontario– Deveron UAS Corp. (“Deveron” or the “Company”), is pleased to announce that the Company has received authority to operate under a Standing Special Flight Operations Certificate (“SFOC”), for its Unmanned Aerial Systems (“UAS”) in Alberta, Saskatchewan and Manitoba as a Restricted Operator – Complex Operations. The SFOC has been issued under the authority of Transport Canada pursuant to the Aeronautics Act. Under its SFOC, Deveron has received approvals to expand into western Canada with up to four different pieces of hardware.
A Standing SFOC is issued to allow operations within a defined geographical boundary (e.g. province) and removes the requirement to submit individual sites for prior approval, subject to certain conditions. A Standing SFOC is not issued until the UAV operator has gained sufficient experience and demonstrates a history of safe operations.
Deveron is a leading drone data service company for agriculture and now holds multi- jurisdictional standing SFOCs. The company is standardizing data collection and processing while it builds an enterprise solution for agricultural producers that now stretches multiple provinces in Canada. Having previously secured an SFOC for Ontario, the company now has capacity to operate from Ontario through into Alberta.
“As we build Deveron into one of Canada’s leading drone data service companies for agriculture, our focus has been to build a network that can service the enterprise. With SFOC approvals across multiple operating jurisdictions, the foundation is being built to serve farming clients from Ontario to the BC border. Collectively, there are over 80 million acres of farmland in Canada that can benefit from high resolution drone imagery,” commented Deveron’s President and CEO, David MacMillan.
InfoAgConference
Deveron has been invited to participate at InfoAg, one of North America’s leading agriculture technology conferences being held in St. Louis. Deveron’s Head of UAS Agriculture, Norm Lamothe, will focus his presentation on the value to farmers of our drone data, analytics and prescriptions and on how Deveron has been able to recommend appropriate solutions for yield
improvement and cost reductions across Ontario.
AboutDeveronUAS:
Deveron 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 by optimizing input costs such as water, fertilizer and pesticides.
For more information and to join our community, please visit www.deveronuas.com or contact:
David MacMillan
President & CEO Deveron UAS Corp. 416-367-4571 ext. 226
This news release includes certain “forward-looking statements” within the meaning ofthat phrase under Canadian
securitieslaws.Withoutlimitation,statementsregardingpotentialmineralizationandresources,explorationresults,andfutureplansandobjectivesoftheCompanyareforwardlookingstatementsthatinvolvevariousdegreesofrisk.Forward-lookingstatementsreflectmanagement’scurrentviewswithrespecttopossiblefutureeventsandconditionsand,bytheirnature,arebasedonmanagement’sbeliefsandassumptionsandsubjecttoknownandunknownrisksanduncertainties,bothgeneral and specificto the Company. Although the Companybelievestheexpectationsexpressedinsuchforward-lookingstatementsarereasonable,suchstatementsarenotguaranteesoffutureperformanceandactualresultsordevelopmentsmaydiffermateriallyfromthoseinourforward-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.