Deveron Expands US Footprint with Acquisition of Stealth Ag Inc.

Toronto, Ontario – Deveron Corp. (TSX-V: FARM) (“Deveron” or the “Company”), a leading

agriculture digital services and insights provider in North America, is pleased to announce it has

entered into a definitive agreement (the “Definitive Agreement”) to acquire the assets of Stealth

Ag, Inc. (“Stealth Ag”), a digital agronomy company, with offices in Minnesota and Iowa (the

“Acquisition”). Stealth Ag provides soil sampling services and digital management across

800,000 acres of customers on varying levels of annual engagement. Stealth Ag’s unaudited 2020

revenue was US$0.7M and EBITDA of US $0.2M. This acquisition further accelerates Deveron’s

strategy of increasing access to leading, local agriculture service providers that influence key farm

customers in the United States.

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