Toronto, Ontario – Deveron UAS Corp. (CSE: DVR) (“Deveron” or the “Company”) a leading agriculture digital services and insights provider in North America is pleased to announce the closing of a non-brokered private placement (the “Offering”) of units (“Units”) with a group of strategic investors led by Bill Linton. The Offering was completed at a price of $0.10 per Unit for gross proceeds of $655,000and a total of 6,550,000Units issued.
Bill Linton has been appointed asa Director and non-executive Chairman of the Board of Directors, with the goal of helping accelerate the Company’s vision and strategy in becoming one of North America’s leading digital agriculture companies.
Bill Linton is an experienced Director and private investor. He currently serves on the Boards of TMX Group(TSE: X), Empire Company (TSE: EMP.A), and CSL Group. He has invested in and served as an advisor to and/or Board member of a number of successful technology companies including UXP Systems(acquired by AmDocs(NYSE: DOCS)), In The Chat (acquired by Pegasystems (NASDAQ: PEGA))and Softchoice Corp. (acquired by Birch Hill Equity Partners). Bill retired in 2012 as the CFO of Rogers Communications Inc. (TSE: RCI.B) and prior to that was the CEO of Call Net Enterprises.