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Deveron Corp. Confronts Repayment Demand

Deveron UAS (TSE:FARM) has released an update.

Deveron Corp., a North American leader in agricultural services and data, is facing a demand for repayment of unsecured loans totaling $4,726,600 by May 30, 2024. The loans, which were used to acquire a majority stake in A&L Laboratories, have accrued interest and are owed to directors and officers of A&L. Deveron is currently evaluating how to address this financial obligation.

For further insights into TSE:FARM stock, check out TipRanks’ Stock Analysis page.

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