Deveron announces closing of final tranche of private placement Page 1

Toronto, Ontario–(Newsfile Corp. – September 16, 2024) – Deveron Corp. (TSXV: FARM) (“Deveron” or the “Company“), a leading North American agricultural services and data company, is pleased to announce that, further to the press releases dated August 15, 2024 and September 4, 2024, the Company has completed the final tranche of its non-brokered private placement by issuing 21,991,300 units (the “Units“) in the capital of the Company at a price of $0.07 per unit for gross proceeds of $1,539,391 (the “To offer“). A total of 44,797,291 units were issued for gross proceeds of $3,135,810.37 through the completion of the two tranches of the offering.

Each unit consists of one ordinary share (each a “Ordinary shares“) in the capital of the Company and one half of one whole warrant for the purchase of one ordinary share (each whole warrant, a “bail“). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.10 per Common Share until the date that is eighteen (18) months after the date of issuance.