Cypress Development Corp. is pleased to report it received a Biological Baseline Report for the Company’s Clayton Valley Lithium Project. The report was prepared by consultants, Stantec Consulting Services Inc. of Reno, Nevada, and documents biological surveys conducted during 2020. The work was conducted in the course of environmental due [...]
Couloir Capital Ltd. is pleased to announce the initiation of research coverage on Cypress Development Corp. . The initial report is titled, "Pre-Feasibility Stage Lithium Asset with Robust Economics and Strong Offtake Potential." About Cypress Development Corp. Cypress Development is focused on developing the Company's 100%-owned Clayton Valley [...]
Cypress Development Corp. is pleased to report the first stage in the scoping level study into the extraction of lithium using chloride-based leaching is completed. This work consisted of preparation and acid leaching of a large sample from the Company’s Clayton Valley Lithium Project and was accomplished at Continental Metallurgical Services Inc [...]
Cypress Development Corp. reports it is initiating a scoping level study into the extraction of lithium using chloride-based leaching. This decision follows the test results reported in the Company’s November 24, 2020 news release. The data indicates a higher rate of lithium extraction in leaching claystone with hydrochloric acid than with sulfuric [...]
Cypress Development Corp. announces the Company has reached an agreement with Pasinex Resources Limited and Caliber Minerals Inc. to change the terms relating to the earn-in option agreement on Cypress’ Gunman zinc exploration property in Nevada, USA. The agreement extends the deadline to complete the conditions to earn an initial 51% interest in [...]
Cypress Development Corp. reports the completion of additional metallurgical testing following the positive Prefeasibility Study published on the Company’s 100%-owned Clayton Valley Lithium Project in Nevada, USA. The testing was conducted at Continental Metallurgical Services in Montana and NORAM Engineering in British Columbia, in preparation for [...]
Cypress Development Corp. is pleased to announce that it held its annual general meeting on October 14, 2020. The Company reports that William Willoughby, Donald Huston, James Pettit, Donald Myers and Amanda Chow were re-elected directors of the Company. Shareholders also approved the Company’s Shareholder Rights Plan , the re-appointment of [...]
Cypress Development Corp. , developer of a world class lithium claystone deposit in Nevada, announced today, the Company, as an industrial partner with several high tech research entities, has been encouraged along with its partners in full project proposal submissions to the Department of Energy , Office of Energy Efficiency and Renewable Energy [...]
Cypress Development Corp. announced today that it has entered into a Shareholder Rights Plan , subject to all necessary regulatory and shareholder approval. The Plan is designed to ensure that the Company’s shareholders are treated fairly in the event of a take-over bid for the Company’s common shares and that the Company’s Board of Directors and [...]
Cypress Development Corp. is pleased to announce an updated Mineral Resource Estimate at the Company’s Clayton Valley Lithium Project in Nevada, USA. The work was completed by Global Resource Engineering located in Denver, Colorado. The updated Mineral Resource Estimate for the project utilizes the same economic and mining parameters found in the [...]
Cypress Development Corp. has granted an aggregate of 350,000 incentive stock options to advisors and consultants of the Company. The Options are exercisable at $0.345 per share for a period of five years from the date of grant. The Options have been granted under and are governed by the terms of the Company's incentive stock option plan. The [...]
Cypress Development Corp. announces that it proposes to issue to Mr. Thomas Erwin, a partner of Erwin Thompson Faillers, 308,303 common shares of the Company, at a price of $0.26 each for a total of $80,160 as part of compensation for services rendered from 2018 to present. The Company is pleased to continue to have Mr. Erwin as its U.S. legal [...]