- 2736130 Ontario Incorporated has announced the acquisition of 13,688,182 common shares of Deveron Corp. (FARM)
- The shares represent approximately 11 per cent of the company’s issued and outstanding common shares
- The common shares were issued at $0.55 per common share.
- Before the acquisition, 2736130 Ontario Inc. and its affiliates had no ownership or control over securities in the capital of Deveron
- Deveron Corp is an agriculture technology company that uses data and insights to help farmers and agriculture enterprises increase yields and reduce costs
- Deveron Corp. was down 4.00 per cent, trading at $0.48 at 9:57 AM ET
2736130 Ontario Incorporated has acquired 13,688,182 common shares of Deveron Corp (FARM) for $0.55 per share.
The shares represent approximately 11 per cent of the company’s issued and outstanding common shares.
Before the acquisition, 2736130 Ontario Inc. and its affiliates had no ownership or control over securities in the capital of Deveron.
Depending on market conditions and other conditions, or as future circumstances may dictate, 2736130 Ontario Inc. may from time to time increase or decrease its holdings of Common Shares or other securities of Deveron.
Deveron Corp is an agriculture technology company that uses data and insights to help farmers and 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.
Additionally, the company collects various types of farm data, from soil to drone, that build a basis of best in class data layers.
Deveron Corp. was down 4.00 per cent, trading at $0.48 at 9:57 AM ET.
