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Greencastle Resources Ltd V.VGN

Alternate Symbol(s):  GRSFF

Greencastle Resources Ltd. is a diversified company. It has interests in gold and base metals exploration and oil and gas exploration and royalties. It also has strategic investments in other companies. Its segments include investments in private and public companies, oil and gas interests, and mining interests. Its investment segment comprises its investment in marketable securities and investment in private and public companies. The oil and gas segment is comprised of its oil and gas interests. The mining segment is comprised of its mining interests in Canada and in the United States of America. It has a royalty interest in one oil and gas property in Alberta. It holds royalty interests in wells located in the Spirit River area, north-west Alberta, and the Primate area in Saskatchewan. It also holds interest in the Jewel Ridge property lease. It holds a 50% interest in a 95% interest held by Criterium Energy in a quarter section of land in Alberta, called the Ferrier Project.


TSXV:VGN - Post by User

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Post by RockLobster1on Apr 24, 2016 9:35am
92 Views
Post# 24803617

Deveron - Flight Services and Acquires More Drones

Deveron - Flight Services and Acquires More Drones

Deveron Commences Commercial Flight Services and Acquires More Drones

V.DVR 

TORONTO, ONTARIO--(Marketwired - April 13, 2016) - Deveron Resources Ltd. (TSX VENTURE:DVR) ("Deveron" or the "Company"), is pleased to announce that it has commenced commercial Unmanned Aerial Systems ("UAS" or "drone") flying for the 2016 agricultural season in Ontario. Deveron is focused on revenue generating and research driven data collection using drones for the 2016 growing season in Ontario.

"We have recently completed our first revenue generating flight of the 2016 season," commented David MacMillan, VP Corporate Development, "as we focus on building credibility, relationships and growing our footprint in Ontario, it is encouraging to see such excitement from the agricultural community with respect to our service offering. Our first assignment was completed in conjunction with one of Ontario's largest farming cooperatives and we look forward to building this relationship as the premier supplier of drone imagery services for agriculture in the region."

To assist the Company in ramping up for this season, it is has recently ordered additional UAS and multispectral sensors to add to its growing fleet of available drones positioned throughout the province. Deveron continues to develop a fleet of the most technologically advanced drones available for farming and to build an underlying infrastructure to be a leader in the drone imagery market. 

Deveron has also hired additional licensed pilots to operate its fleet of drones. The company is taking a proactive approach to its operations and setting a high standard for safety and responsibility with respect to operating UAS. The Company operates under its Special Flight Operations Certificate ("SFOC") from Transport Canada. The SFOC permits Deveron to operate UAS for the purpose of surveying agricultural land in rural areas.

Drones are transforming the way data collection and analysis are conducted on a farm. Deveron uses industry leading hardware, sensor and software technologies to collect actionable crop data for farmers. Images can be used with existing farm GIS software for variable rate fertilizing, seeding, pesticide applications and other prescription management solutions to ultimately help farmers increase yields and reduce costs.

About Deveron UAS:

Deveron's new business, called Deveron UAS, 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 (through the optimization of input costs such as water, fertilizer, pesticides, etc.)

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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Read more at https://www.stockhouse.com/news/press-releases/2016/04/13/deveron-commences-commercial-flight-services-and-acquires-more-drones#qxAYzEwgDgQmQMIc.99
Read more at https://www.stockhouse.com/companies/bullboard/bullboard/v.dvr/deveron-resources-ltd#zQ8L4oibcljWymxJ.99
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