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Deveron Announces Resignation of Directors
Newsfile· 2025-10-27 23:00
Toronto, Ontario--(Newsfile Corp. - October 27, 2025) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company") announces that Messrs. Roger Dent, Greg Patterson and Ron Patterson, have resigned as directors of the Company, effective immediately. The Company wishes to thank Messrs. Dent, Patterson and Patterson for their valuable contributions to the Company and wishes them every success in their future endeavors.The Company is also pleased to announce the appointment of Chris Irwin as a director of the Co ...
Deveron Provides Update on Financials
Newsfile· 2025-10-22 21:36
Toronto, Ontario--(Newsfile Corp. - October 22, 2025) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company") wishes to provide an update with respect to its audited consolidated financial statements for the year ended June 30, 2025, the annual management's discussion and analysis for the same period and management certifications of the annual filings (collectively, the "Annual Filings"). The Company anticipates that the Annual Filings will not be filed by the prescribed deadline of October 28, 2025, due ...
Deveron Announces Amendment to Forbearance Agreement
Newsfile· 2025-10-10 23:59
Core Points - Deveron Corp. has entered into an amending agreement to its forbearance agreement with Toronto Dominion Bank, extending the forbearance period until December 12, 2025, or until a specified termination event occurs [1][2] - The company currently has approximately $25 million in outstanding term debt and drawn on an operating line of credit [1] - The forbearance agreement allows the continuation of the company's strategic review process to evaluate alternatives for meeting short-term liquidity needs [2] Company Overview - Deveron is an agriculture technology company focused on using data and insights to enhance agricultural productivity, reduce costs, and improve farm outcomes [4] - The company employs a digital process that leverages data collected from farms across North America to provide unbiased recommendations for optimizing input use [4]
Corteva Announces Plan to Separate into Two Industry-Leading Public Companies
Prnewswire· 2025-10-01 10:55
Core Viewpoint - Corteva plans to separate into two independent, publicly traded companies: New Corteva (Crop Protection) and SpinCo (Seed) to enhance focus and growth opportunities for both segments [2][3][4] Company Overview - Corteva has established itself as a leader in the agriculture technology sector, focusing on innovation and operational excellence [4][6] - The separation aims to create two distinct market leaders, each with tailored capital allocation strategies and growth priorities [3][5] Strategic Rationale - The separation is seen as a logical step to maximize long-term value creation by allowing each business to focus on its own market dynamics and growth strategies [5][7] - New Corteva will emphasize differentiated, innovative solutions, particularly in the biologicals segment, which is the fastest-growing market area [6][8] Financial Projections - Estimated net sales for New Corteva in 2025 are projected to be $7.8 billion, accounting for 44% of Corteva's total net sales [6][10] - SpinCo is expected to generate $9.9 billion in net sales in 2025, representing 56% of Corteva's total net sales [10][17] Transaction Details - The separation is expected to be completed in the second half of 2026 and is intended to qualify as a tax-free transaction for U.S. federal tax purposes [6][10][11] - The transaction is subject to various conditions, including board approval and legal opinions regarding its tax-free nature [11] Leadership and Management - Current Corteva Chair Greg Page will lead New Corteva, while CEO Chuck Magro will head SpinCo, with full management teams to be announced later [3][4]
Deveron Announces Filing of Corrective Disclosure Pursuant to OSC Review
Newsfile· 2025-09-25 21:00
Core Viewpoint - Deveron Corp. has made corrective disclosures following a review by the Ontario Securities Commission (OSC) to address deficiencies in its financial reporting and compliance with regulatory requirements [1][2]. Financial Disclosures - The company has refiled and restated its 2024 Financials, Q1 Financials, Q2 Financials, and Q3 Financials to correct various issues, including the reclassification of convertible debentures and promissory notes, and to include comparative period disclosures [2][3][5]. - The corrective disclosures also address non-compliance with National Instrument 51-102 regarding the change in the company's year-end and reflect impairment losses in the financial statements [5][6]. Compliance and Certification - Certifications for the refiled financial statements were submitted in accordance with National Instrument 52-109, ensuring compliance with disclosure requirements for annual and interim filings [3][5]. - The company was placed on the Errors and Refilings List by the OSC as part of the corrective measures taken [6]. Company Overview - Deveron is an agriculture technology company focused on using data and insights to enhance agricultural productivity, reduce costs, and improve outcomes for farmers and large agricultural enterprises [7].
Nature's Miracle Holding Inc. ("NMHI") Raised $2 Million Through Convertible Preferred Shares Issuance
Prnewswire· 2025-09-24 13:44
Group 1 - Nature's Miracle Holding Inc. has signed a $2 million convertible preferred investment agreement with an Asia-based private investor, issuing 2,000 Series D Preferred Shares convertible at $0.1180 per share [1] - The initial tranche of $500,000 was received on September 19, 2025, with the remaining $1.5 million expected to close before November 15, 2025 [1] - Proceeds from the investment will be utilized for working capital [1] Group 2 - Nature's Miracle Holding Inc. operates in the agriculture technology sector, providing products and services to the Controlled Environment Agriculture (CEA) industry in the U.S. [2] - The company is also involved in electric vehicle distribution and bitcoin mining, and is exploring the use of XRP digital treasury programs [2] - Nature's Miracle's common stock trades on the OTCQB market under the symbol "NMHI" [2]
Market Witnesses Significant Price Movements Among Key Players
Financial Modeling Prep· 2025-09-22 22:00
Core Insights - The market has seen significant price movements among key players, with Boxlight Corporation, AgriFORCE Growing Systems Ltd., Better Home & Finance Holding Company, and Qualigen Therapeutics, Inc. leading with substantial gains, highlighting the dynamic nature of the market driven by strategic initiatives and innovative solutions [1][5] Boxlight Corporation (BOXL) - Boxlight Corporation's stock price increased to $5.24, representing a 235.90% rise, driven by its innovative educational technology solutions and strategic partnerships [2][6] - The company has started shipping its Clevertouch Pro Series interactive displays across North America, enhancing its market presence in the education sector [2] - Boxlight has a market capitalization of approximately $4.14 million, positioning it for further expansion in the global education market [2] AgriFORCE Growing Systems Ltd. (AGRI) - AgriFORCE's stock price rose to $5.51, marking a 128.63% increase, fueled by its focus on developing plant-based ingredients and products [3][6] - The company aims to become the first publicly-traded entity focused on Avalanche on NASDAQ, with a capital raise strategy of $550 million [3] - AgriFORCE has a market cap of over $3.14 million, indicating potential for growth in the agriculture technology sector [3] Qualigen Therapeutics, Inc. (QLGN) - Qualigen's stock price increased to $5.68, reflecting a 100.03% gain, supported by its innovative healthcare solutions [4] - The company received a strategic investment of $41 million from Faraday Future, which is part of its focus on crypto business and growth engines [4] - Qualigen has a market capitalization of around $4.8 million, bolstered by its cutting-edge research and development in biotechnology [4]
连云港海州:智慧“农眼”守田垄 科技为秋粮丰产“加码”
Yang Zi Wan Bao Wang· 2025-09-19 09:35
Core Insights - The article highlights the advancements in smart agriculture at Gangbu Farm, showcasing the integration of technology to enhance crop management and productivity [1][3][5]. Group 1: Smart Agriculture Implementation - The smart agriculture platform at Gangbu Farm serves as a comprehensive monitoring system, integrating various devices to capture critical data such as air temperature, humidity, and soil moisture [3][5]. - The platform allows for real-time updates, enabling agricultural technicians to remotely monitor fields and make informed decisions regarding irrigation and pest control [5][7]. Group 2: Technological Advancements - The introduction of 60 unmanned aerial vehicles (UAVs) for crop management has improved efficiency, allowing for precise application of fertilizers and pesticides with a margin of error controlled within 5 centimeters [7]. - The UAVs reduce pesticide usage by 20% compared to manual application and can adjust fertilizer amounts based on soil fertility variations [7]. Group 3: Future Prospects - Gangbu Farm plans to continue investing in smart agriculture technologies, aiming to expand the application of these innovations to enhance agricultural modernization and ensure stable grain production [5][7].
Water Ways Announces Private Placement, Debt Settlement and Proposed Amendments to Debentures
Globenewswire· 2025-09-10 21:00
Core Points - Water Ways Technologies Inc. announced a non-brokered private placement of up to 20,000,000 units for gross proceeds of up to $1,000,000 [1][2] - The company plans to settle up to $800,000 of outstanding debt by issuing up to 16,000,000 common shares [4] - Proposed amendments to certain outstanding unsecured convertible debentures include changes to conversion prices and maturity dates [5][6] Private Placement - The offering consists of units priced at $0.05 each, with each unit including one common share and one warrant [2] - Each warrant allows the holder to acquire one common share at an exercise price of $0.07 for two years from the closing date [2] - The expected closing date for the offering is around September 30, 2025, pending TSX Venture Exchange approval [3] Debt Settlement - The company intends to issue common shares at a deemed price of $0.05 to settle outstanding debt of up to $800,000 [4] - This debt settlement is also subject to TSXV acceptance and will have a statutory hold period of four months and one day [4] Amendments to Debentures - The company plans to amend the conversion price of its 2023 debentures from $0.24 to $0.05 and the 2022 debentures from $0.35 to $0.05 [6] - The maturity date for both sets of debentures is proposed to be extended to October 9, 2025 [6] - These amendments are subject to TSXV approval [6] Company Overview - Water Ways Technologies Inc. is a Canadian provider of Israeli-based agriculture technology, focusing on water irrigation solutions for agricultural producers in Canada and the USA [8] - The company is leveraging opportunities in micro and smart irrigation within the Canadian market [8]
Deveron Announces Extension of Maturity Date of Outstanding Debentures
Newsfile· 2025-08-15 20:30
Core Points - Deveron Corp. has extended the maturity date of its $10,015,000 7% unsecured convertible debentures from August 16, 2025, to October 31, 2025, as part of a private placement initially announced on May 18, 2022 [1] - The company is relying on exemptions from certain requirements under Multilateral Instrument 61-101 due to the fair market value of debentures held by insiders not exceeding 25% of the company's market capitalization [2] - Deveron is an agriculture technology company focused on using data and insights to enhance agricultural productivity and efficiency for farmers and large agricultural enterprises [3]