Deveron UAS (TSE:FARM) has released an update.
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Deveron UAS, a North American leader in agricultural services and data, has successfully completed a debt settlement, converting $701,050 of accrued interest into 6,146,341 common shares. This strategic financial maneuver strengthens the company’s balance sheet and positions Deveron for continued growth in optimizing farm outcomes using data-driven insights. The issued shares are subject to a statutory hold period, underlining the company’s compliance with securities legislation.
For further insights into TSE:FARM stock, check out TipRanks’ Stock Analysis page.
