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    #31
    FYI

    Deveron UAS Corp. (CSEVR) Webinar
    Description
    Deveron UAS Corp. (CSE: DVR) is a Transport Canada compliant enterprise drone data company that specializes in providing imagery services to the agriculture industry. The Company has captured significant market share since conducting its first flight in 2015. Today, Deveron boasts a growing fleet of technically-advanced drones.
    The company has a solid management team backed by leading industry experts on the advisory board.


    Feb 13, 2018 12:15 PM in Eastern Time (US and Canada)
    Last edited by rick; February 26th, 2018, 09:29 AM.

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      #32


      2018-02-23 17:51 ET - News Release



      Mr. David MacMillan reports

      DEVERON COMPLETES $2.86M PRIVATE PLACEMENT TO EXPAND DRONE DATA NETWORK FOR FARMING AND ENTERS INTO ADVISORY AGREEMENT WITH GRAVITAS SECURITIES INC.

      Deveron UAS Corp. has completed a non-brokered private placement through the issuance of 8,180,172 units (as defined below) of the company for gross proceeds of $2,863,060.

      Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of 50 cents per common share for a period of 24 months from the date of closing.

      All securities issued in connection with the offering are subject to a hold period until four months and a day from the date of closing. Net proceeds will be used by the company to further the business of the company and for general working capital purposes.

      "We're very pleased to not only complete a successful offering but to gain the support of one of Canada's leading independent brokerage firms," continued Mr. MacMillan. "Gravitas played an instrumental role in the success of the private placement as exclusive adviser."

      Goldman Sachs reports that key technologies in precision agriculture present a total addressable market of $240-billion. Drones are helping pave the way for new ways to analyze information on the farm that provide value with respect to improved efficiencies on the application of fertilizer and other inputs. Farmers can also utilize drone data to understand what is happening in their crops during the grow season, as opposed to waiting until crops are ready for harvest.

      "In 2017, we completed over 2,500 drone data flights across Canada," stated president and chief executive officer David MacMillan. "We are starting to see farmers and larger farming enterprises embrace drone data as a future driver of increased yields and reduced costs on the farm. Our goal is to continue to expand our drone data network to new geographies and serve new networks of customers that want to leverage the value of drone data on the farm."

      As consideration for the services provided by finders in connection with the closing of the offering, finders received cash commissions equal to the aggregate of 6 per cent of subscription proceeds and an aggregate of 6 per cent of compensation warrants. Each compensation warrant will entitle the holder to purchase one common share of the company at a price of 35 cents per common share for a period of 24 months from the date of closing.

      Pursuant to the completion of the offering led by Gravitas, the company entered into an advisory agreement with Gravitas. In connection with the advisory agreement, the company agreed to grant 500,000 stock options to Gravitas. Each option will entitle Gravitas to purchase one common share of the company at a price of 37 cents per common share pursuant to a vesting period over 12 months from the date of the advisory agreement.

      About Deveron UAS Corp.

      Deveron is an enterprise drone data services company focused on agriculture, offering the opportunity to increase yields and reduce costs using sophisticated unmanned aerial systems (UAS or drones), sensors, software and analytics. Deveron's drone data service network allows enterprise level customers to obtain on-demand, actionable data without exposure to technology and capital risks. The company is focused on building a standardized constellation of drones and sensors to provide data in North America.

      We seek Safe Harbor.
      Last edited by rick; February 26th, 2018, 09:29 AM.

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        #33
        What I find curious about this is the last time I talked to David he said they had enough cash for the year at least and had no plans to raise more UNLESS they saw an opportunity to jump on a business opportunity. Will interested to hear if anything comes up in the next little bit.

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          #34
          Have you gone to the Gravitas website, checked news on past financings and lined up dates with charts. I did, interesting results.

          rick

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            #35
            https://www.droneii.com/top20-drone-...ovider-ranking

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              #36
              Deveron Completes Second Round of Financing to Expand Drone Data Networ

              Toronto, Ontario--(Newsfile Corp. - March 22, 2018) - Deveron UAS Corp. (CSE: DVR) ("Deveron" or the "Company"), a leading drone data services company for farming, is pleased to announce that, due to interest in participating in its previously announced non-brokered private placement post-closing, the Company has completed a subsequent non-brokered private placement (the "Offering") through the issuance of 1,161,714 Units (as defined below) of the Company for gross proceeds of $406,599.

              Each Unit consists of one common share in the capital of the Company (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Common Share of the Company at a price of $0.50 per Common Share for a period of 24 months from the date of closing.

              All securities issued in connection with the Offering are subject to a hold period until four months and a day from the date of closing. Net proceeds will be used by the Company to further the business of the Company and for general working capital purposes.

              As previously stated by its President and CEO, David MacMillan, "[Deveron] completed over 2,500 drone data flights across Canada in 2017...We are starting to see farmers and larger farming enterprises embrace drone data as a future driver of reduced costs and increased profit on the farm. Our goal is to continue to expand our drone data network to new geographies and serve new networks of customers that want to leverage the value of drone data on the farm."

              As consideration for the services provided by finders in connection with the closing of the Offering, finders received cash commissions equal to the aggregate of 6% of subscription proceeds and an aggregate of 6% compensation warrants (the "Compensation Warrants"). Each Compensation Warrant will entitle the holder to purchase one Common Share of the Company at a price of $0.35 per Common Share for a period of 24 months from the date of closing.

              About Deveron UAS: Deveron is an enterprise drone data services company focused on agriculture, offering the opportunity to reduce costs and increase both yields and profit using sophisticated Unmanned Aerial Systems ("UAS" or "drones"), sensors, software and analytics. Deveron's drone data service network allows enterprise level customers to obtain on-demand, actionable data without exposure to technology and capital risks. The Company is focused on building a standardized constellation of drones and sensors to provide data in North America.

              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. 221
              [email protected]

              Read more at http://www.stockhouse.com/news/press...QojQOpZRk0K.99

              Comment


                #37
                Last communication with David re the financing was they needed the money to show larger customers they had stability on the financial side. They wanted comfort in knowing they were going to be around tomorrow if they started to invest larger dollars in their programs. w'ell see. Maybe now they can release their financials so we can see any progress on the adoption side. They are gawd awful at getting the story out however

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                  #38
                  If they have to finance they are financing to give EXISTING clients the confidence to continue using their services.

                  What does that say to you?

                  rick

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                    #39
                    Silicon Valley Ag Tech Startup Is Taking Price Data to Canada

                    https://www.bloomberg.com/news/artic...data-to-canada

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                      #40
                      Lots of news lately. But McMillan is making almost no attempt to tell DVR's story. Shame. Suppose to be about signing up the big boys, flying USA acreage and making tons of recurring revenue. Just the last part, the revenue seems to be missing. We'll see next financials.

                      rick

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                        #41
                        Took my money elsewhere. Have a few shares left only because there's no volume on the bid side and I won't fire sale them.

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                          #42
                          http://www.stockhouse.com/news/press...ytics-provider

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