Deveron (FARM) has appointed Pranay Joshi as VP - Engineering.
Pranay will lead the development of Deveron's technology strategy.
Pranay holds a Bachelor of Technology degree in Computer Science and an MBA from Schulich School of Business.
David MacMillan, Deveron's President and CEO, commented,
"We are excited to have Pranay join the team at Deveron. As we continue to look at unique ways to digitally organize agriculture data, Pranay will be a great hands on leader to significantly impact our growing digital ecosystem. With over 3 million acres in North American using our various products and services, we are excited for technology to accelerate our growth."
The company has granted employees of the company 200,000 options to purchase common shares exercisable at a price of $0.74 per common share. The options expire on April 27, 2026, vest over 5 years. The shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.
Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes.
Deveron Corp. (FARM) opened trading at C$0.74 per share.