Deveron Corp. announced a non-brokered private placement of 5,384,615 units at a price of CAD 0.65 per unit for gross proceeds of CAD 3,500,000 on August 3, 2021. Each unit consists of one common share and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase a common share at a price of CAD 0.85 per share for a period of two years from issuance. The closing of the transaction is subject to receipt of all necessary corporate and regulatory approvals including approval of TSX Venture Exchange. All securities issued will be subject to hold period of four months plus one day from date of issuance.