Braveheart Resources announced that Peter A. Lacey, ICD.D has agreed to join the Board as an Independent Director of the Company. Brian Murray, one of the co-founders of Braveheart and its longest standing Director has notified the Company of his intention to retire.

In this podcast, we report on Cervus Equipment's record second quarter earnings as well as the dealership's announcement that it has agreed to be acquired by Brandt Tractor. In the Technology Corner, Michaela Paukner discusses Purdue University's new precision ag course for high school teachers. Also in this episode: AGCO CEO Eric Hansotia says they are positioning Challenger as a "track tractor" brand, dealer optimism drops amid inventory challenges and Deere's third quarter earnings report.

Cervus delivered $15 million in adjusted income before tax, a record for the second quarter and a significant increase of $7 million or 84%, compared to $8 million generated in the same period last year.

Total revenue decreased 1% in the quarter, comprised of a 4% decrease in equipment revenue, partly offset by a 7% increase in product support revenue.

Cervus Equipment will be combining its Red Deer and Olds John Deere dealership locations into a new 44,000 square foot facility that will be built near Penhold, Alta. The new facility is anticipated to be in service in early 2022.

Cervus Equipment Corporation has announced the appointment of Catie Busch as Chief Financial Officer effective April 1, 2021, having previously served as the Company’s Senior Director of Finance and Public Markets.