Deveron UAS Corp.
CNSX : DVR

Deveron UAS Corp.

July 26, 2016 07:00 ET

Deveron Receives Transport Canada Approval to Operate in Alberta, Saskatchewan and Manitoba; Invited to Present at St Louis InfoAg Conference

TORONTO, ONTARIO--(Marketwired - July 26, 2016) - Deveron UAS Corp. ("Deveron" or the "Company") (CSE:DVR), is pleased to announce that the Company has received authority to operate under a Standing Special Flight Operations Certificate ("SFOC"), for its Unmanned Aerial Systems ("UAS") in Alberta, Saskatchewan and Manitoba as a Restricted Operator - Complex Operations. The SFOC has been issued under the authority of Transport Canada pursuant to the Aeronautics Act. Under its SFOC, Deveron has received approvals to expand into western Canada with up to four different pieces of hardware.

A Standing SFOC is issued to allow operations within a defined geographical boundary (e.g. province) and removes the requirement to submit individual sites for prior approval, subject to certain conditions. A Standing SFOC is not issued until the UAV operator has gained sufficient experience and demonstrates a history of safe operations.

Deveron is a leading drone data service company for agriculture and now holds multi-jurisdictional standing SFOCs. The company is standardizing data collection and processing while it builds an enterprise solution for agricultural producers that now stretches multiple provinces in Canada. Having previously secured an SFOC for Ontario, the company now has capacity to operate from Ontario through into Alberta.

"As we build Deveron into one of Canada's leading drone data service companies for agriculture, our focus has been to build a network that can service the enterprise. With SFOC approvals across multiple operating jurisdictions, the foundation is being built to serve farming clients from Ontario to the BC border. Collectively, there are over 80 million acres of farmland in Canada that can benefit from high resolution drone imagery," commented Deveron's President and CEO, David MacMillan.

InfoAg Conference

Deveron has been invited to participate at InfoAg, one of North America's leading agriculture technology conferences being held in St. Louis. Deveron's Head of UAS Agriculture, Norm Lamothe, will focus his presentation on the value to farmers of our drone data, analytics and prescriptions and on how Deveron has been able to recommend appropriate solutions for yield improvement and cost reductions across Ontario.

About Deveron UAS:

Deveron 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 by optimizing input costs such as water, fertilizer and pesticides.

For more information and to join our community, please visit www.deveronuas.com.

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.

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