The contract provides the client access to Deveron’s new scalable and streamlined platform for collecting, analyzing, and sharing in-field soil carbon data.
“Deveron has invested significantly in our digital ecosystem and boots on the ground network to create a vertically integrated soil carbon data solution.
The platform eliminates significant impediments to the accurate measurement of carbon sequestration in agricultural land and is a key enabler for creating reliable and credible carbon credits.
The Company also announces that it has granted 1,600,000 options to purchase common shares in the Company exercisable at a price of $0.75 per common share and expiring on January 18, 2028 to officers and employees of the Company.
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.
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.