Deveron Provides Update on Financials

Executive Summary

• Deveron Corp. announced it will miss the TSX Venture Exchange deadline of October 28, 2025 for filing its audited consolidated financial statements and related annual MD&A for the year ended June 30, 2025.
• The delay is attributed to significant financial difficulties, and the company cannot estimate when it will be able to complete the required filings.
• No further guidance on remediation or financing was provided.

Key Details

• The Company’s “Annual Filings” (audited consolidated financial statements, annual MD&A, and management certifications) are expected to be filed after the prescribed deadline of October 28, 2025.
• Financial hardship prevents Deveron from providing an estimate for when the filings will be completed.
• The TSX Venture Exchange and its Regulation Services Provider have disclaimed responsibility for the adequacy or accuracy of this release.
• No specific remedial actions, financing arrangements, or timelines were disclosed.

Notable Quotes

• David MacMillan, President & CEO: “The Company anticipates that the Annual Filings will not be filed by the prescribed deadline … due to financial difficulties of the Company.”