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 [...]
Cypress Development Corp. is pleased to report newly received assays of drill cores which the Company recently acquired. The cores are from four holes drilled as shown in the figure below and located in an area south of the proposed mine area in the Company’s May 2020 Prefeasibility Study . The assay results are summarized in the accompanying [...]
Cypress Development Corp. is pleased to announce, further to its News Release on May 19, 2020, the full Prefeasibility Study of the Clayton Valley Lithium Project in Nevada, U.S.A. was filed on SEDAR and is available on the Company’s web site. The PFS was prepared by Continental Metallurgical Services and Global Resource Engineering and has an [...]
Cypress Development Corp. is pleased to announce positive results from a Prefeasibility Study of the Company’s Clayton Valley Lithium Project in Nevada, U.S.A. The PFS was prepared by Continental Metallurgical Services and Global Resource Engineering . Todd Fayram , Terre Lane , and Daniel Kalmbach are the authors. Highlights: Average production [...]
Cypress Development Corp. is pleased to report it has reached a final settlement agreement in its legal proceedings against Centrestone Resources LLC , a Nevada limited liability company. As previously announced, the Fifth Judicial Court of the State of Nevada in and for the County of Esmeralda on February 6, 2020, entered its written order for [...]
Cypress Development Corp. is pleased to report the test program at NORAM Engineering and Constructors Ltd. is complete and initial results are positive. As reported in a November 14, 2019 press release, NORAM was contracted to examine the downstream portion of the revised extraction flowsheet for Cypress’ Clayton Valley Lithium Project in Nevada [...]
Cypress Development Corp. is pleased to provide an update on its legal proceedings against Centrestone Resources LLC , a Nevada limited liability company. As announced by Cypress in a January 31, 2019 press release, on January 22, 2019, the Company's U.S. subsidiary, Cypress Holdings Ltd., filed a Complaint in the Fifth Judicial Court of the State [...]
Cypress Development Corp. announces it has received a USD $100,000 payment from Pasinex Resources Limited . The payment is in continuation of the 2017 Option Agreement on the Spur zinc-silver property in Nevada. In continuation of the amended agreement, the Company also received 200,000 shares of Pasinex on September 11th, 2019 . For further [...]
