Deveron Corp. (TSXV:FARM) agreed to acquire all assets of Farm Dog, Inc. for $1 million on February 12, 2021. The purchase consideration consists of a maximum consideration of $1 million. Upon signing, Deveron will pay $0.25 million, to be satisfied through the payment of $0.1 million in cash and the issuance of $0.15 million of common shares of Deveron. Upon execution of the agreement, 25% of the shares will be issued. The additional 75% of the shares are to be issued on the next two anniversaries of the closing of the transaction. Based on the achievement of certain milestones, the remaining $0.75 million would be payable as follows: (i) $0.25 million of common shares in the event that Farm Dog adds 2 million unique acres within 3 years of the transaction date, (ii) $0.25 million worth of common shares and $0.25 million in cash in the event that Farm Dog generates an additional $5 million in revenue by the end of 2022. Under the transaction, Founder and Chief Executive Officer of Farm Dog, Liron Brish, will join Deveron as Vice President Product and Sustainability. In connection with the appointment of Liron Brish, Deveron will be granting 0.325 million options to Brish to purchase common shares upon closing of the transaction. The completion of the transaction remains subject to the approval of all regulatory and other approvals, including the approval of the TSXV. Deveron Corp. (TSXV:FARM) completed the acquisition of all assets of Farm Dog, Inc. on February 19, 2021. As consideration, Deveron will pay the Vendors $0.1 million in cash and issue an aggregate of 294,118 common shares of Deveron over a two year period (98,039 issued as of March 5, 2021). Additionally, based on certain milestones, Deveron Corp may have to make additional contingent payments to the Vendors as follows: (i) up to $250,000 in cash; and (ii) issuance of up to $500,000 of commons shares of Deveron.