TORONTO, ONTARIO -- (Marketwired) -- Apr 13, 2016 -- Deveron Resources Ltd. (TSX VENTURE: DVR) ("Deveron" or the "Company"), is pleased to announce that it has commenced commercial Unmanned Aerial Systems ("UAS" or "drone") flying for the 2016 agricultural season in Ontario. Deveron is focused on revenue generating and research driven data collection using drones for the 2016 growing season in Ontario.
"We have recently completed our first revenue generating flight of the 2016 season," commented David MacMillan, VP Corporate Development, "as we focus on building credibility, relationships and growing our footprint in Ontario, it is encouraging to see such excitement from the agricultural community with respect to our service offering. Our first assignment was completed in conjunction with one of Ontario's largest farming cooperatives and we look forward to building this relationship as the premier supplier of drone imagery services for agriculture in the region."
To assist the Company in ramping up for this season, it is has recently ordered additional UAS and multispectral sensors to add to its growing fleet of available drones positioned throughout the province. Deveron continues to develop a fleet of the most technologically advanced drones available for farming and to build an underlying infrastructure to be a leader in the drone imagery market.
Deveron has also hired additional licensed pilots to operate its fleet of drones. The company is taking a proactive approach to its operations and setting a high standard for safety and responsibility with respect to operating UAS. The Company operates under its Special Flight Operations Certificate ("SFOC") from Transport Canada. The SFOC permits Deveron to operate UAS for the purpose of surveying agricultural land in rural areas.
Drones are transforming the way data collection and analysis are conducted on a farm. Deveron uses industry leading hardware, sensor and software technologies to collect actionable crop data for farmers. Images can be used with existing farm GIS software for variable rate fertilizing, seeding, pesticide applications and other prescription management solutions to ultimately help farmers increase yields and reduce costs.
About Deveron UAS:
Deveron's new business, called Deveron UAS, is a full-service company providing farmers with the opportunity to increase yields and reduce costs through the use of sophisticated Unmanned Aerial Systems ("UAS" or "drones"), sensors, software and analytics. The service offering is targeted at farmers, agricultural retailers and independent agronomists using the most advanced drones and sensors on the market today. The company provides a strong value proposition to farmers through reduced costs and/or increased yields (through the optimization of input costs such as water, fertilizer, pesticides, etc.)
For more information and to join our community, please visit www.deveronuas.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain "forward-looking statements" within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of commodities, general market conditions, risks inherent in exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward looking statements.
Contacts: David MacMillan VP Corporate Development Deveron Resources Ltd. 416-367-4571 ext. 226 Email Contact
