Deveron Resources Ltd. (TSX VENTURE:DVR) ("Deveron" or the "Company") is pleased
to announce that the Company has acquired an additional stake in Boreal
Agrominerals Inc. ("Boreal"). On April 9, 2013, Deveron announced that it had
purchased a 6% interest in Boreal, which owns and operates a carbonatite quarry
near Sudbury, Ontario. By means of a private placement, the Company has now
increased its interest to 15.5% in Boreal. 


Boreal is a private company that explores for, tests, develops and produces
organic-certified agromineral fertilizers and soil amendment products, targeting
the purest and most reactive minerals that are superior for organic as well as
conventional farming enterprises. Please see the Company's press release of
April 9, 2013 for more information. 


In connection with the purchase, Greencastle Resources Ltd. has loaned Deveron
$400,000, which bears interest at prime plus two percent (2%) and is due on
demand. As security for the loan Deveron has granted Greencastle a security
interest over all of its assets and undertaking. Greencastle is a significant
shareholder of Deveron, owning 7,756,005 common shares of Deveron representing
approximately 65.8% of the outstanding common shares of Deveron. Deveron is
relying on exemptions from the minority shareholder approval requirements of
Multilateral Instrument 61-101 based on the fact that Deveron obtained the loan
on reasonable commercial terms that are not less advantageous to Deveron than if
the loan had been obtained from an arm's length lender and the value of the loan
represents less than 25% of Deveron's market capitalization. A material change
report in connection with the loan will be filed less than 21 days before the
advance of funds from Greencastle. This shorter period is reasonable and
necessary in the circumstances as Deveron requires the funds to purchase the
additional interest in Boreal. 


For additional information, please visit www.deveronresources.com. There is also
extensive information about Boreal at www.borealagrominerals.com. 


This news release includes certain "forward looking statements" within the
meaning of that phrase under Canadian securities laws. Without limitation,
statements regarding potential mineralization and resources, exploration
results, and future plans and objectives of the Company are forward looking
statements that involve various degrees of risk. Forward-looking statements
reflect management's current views with respect to possible future events and
conditions and, by their nature, are based on management's beliefs and
assumptions and subject to known and unknown risks and uncertainties, both
general and specific to the Company. Although the Company believes the
expectations expressed in such forward-looking statements are reasonable, such
statements are not guarantees of future performance and actual results or
developments may differ materially from those in our forward-looking statements.
The following are important factors that could cause the Company's actual
results to differ materially from those expressed or implied by such forward
looking statements: changes in the world wide price of commodities, general
market conditions, risks inherent in exploration, risks associated with
development, construction and mining operations, the uncertainty of future
profitability and the uncertainty of access to additional capital. Additional
information regarding the material factors and assumptions that were applied in
making these forward looking statements as well as the various risks and
uncertainties we face are described in greater detail in the "Risk Factors"
section of our annual and interim Management's Discussion and Analysis of our
financial results and other continuous disclosure documents and financial
statements we file with the Canadian securities regulatory authorities which are
available at www.sedar.com. The Company undertakes no obligation to update this
forward-looking information except as required by applicable law. The Company
relies on litigation protection for forward looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Deveron Resources Ltd.
Investor Relations:
416-367-4571 ext. 233
www.deveronresources.com