Mr. Philip Linton reports

DEVERON ANNOUNCES COMPLETION OF DEBT SETTLEMENT

Further to the press releases of May 10, 2022, May 18, 2022, and May 28, 2024, Deveron Corp. has settled an aggregate of $701,050 of indebtedness owed to the holders of the 7.0 per cent unsecured convertible debentures, representing the accrued interest for the second year of the debentures. In connection with the debt settlement, the company issued an aggregate of 6,146,341 common shares in the capital of the company at a price of 11.406 cents per common share. All securities issued in connection with the debt settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

About Deveron Corp.

Deveron is an agriculture technology company that uses data and insights to help farmers and large 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. Its team of agronomists and data scientists build products that recommend ways to better manage fertilizer, seed, fungicide and other farm inputs. Additionally, it has a national network of data technicians that are deployed to collect various types of farm data, from soil to drones, that build a basis of its best-in-class data layers. Its focus is the United States and Canada, where one billion acres of farmland are actively farmed annually.

We seek Safe Harbor.