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 [...]
Cypress Development Corp. is pleased to announce that Ausenco Engineering Canada Inc. has been selected as the lead consultant for the Prefeasibility Study on the Company’s Clayton Valley Lithium Project in Nevada. Cypress is also pleased to announce that Global Resource Engineering will continue to consult on project metallurgy, resource [...]
Cypress Development Corp. is pleased to report mobilization is underway for drilling on the Company’s Clayton Valley Lithium Project. The present drill program is an important data gathering component of the ongoing prefeasibility study and will concentrate on an area between previous drill holes GCH-06, DCH-04 and DCH-05. . The primary [...]
Cypress Development Corp. notifies its shareholders that on January 22, 2018, the Company’s U.S. subsidiary, Cypress Holdings Ltd., filed a Complaint in the Fifth Judicial Court of the State of Nevada in and for the County of Esmeralda. The Complaint was filed against Centrestone Resources LLC , a Nevada limited liability company which [...]
Cypress Development Corp. is pleased to announce that, through the Company’s U.S. subsidiary, Cypress Holdings Ltd., the Company has fulfilled its obligations under its 2016 Option Agreement for the purchase of 100% interest in the Glory Property in Esmeralda County, Nevada. The Company completed the purchase on schedule with a cash payment [...]
Cypress Development Corp. is pleased to announce that Dr. Corby G. Anderson has joined the Company’s Advisory Board. Dr. Anderson is a registered engineer with nearly 40 years of global experience in industrial operations, corporate level management, consulting, engineering design, research and education and is an expert in the fields of [...]
Cypress Development Corp. announces that it proposes to issue to Willoughby & Associates, PLLC, a company controlled by William Willoughby, CEO of the Company, 74,410 common shares of the Company, at a price of $0.165 each for a total value of $12,277.80, as part of compensation for geotechnical services for the period October 1, 2018 to December [...]
Cypress Development Corp. is pleased to provide an update on the Company’s Clayton Valley Lithium Project in Nevada. Cypress is making progress on the work towards the prefeasibility study outlined in its recently completed Preliminary Economic Assessment , including an infill drilling program, further metallurgical testing, and the [...]
Cypress Development Corp. is pleased to announce that it has entered into a Definitive Agreement with Dajin Resources Corp. on Dajin’s Alkali Spring Valley Lithium Property, in Esmeralda County, Nevada. Under the terms of the agreement, Cypress has the exclusive right and option to acquire a 50% undivided interest in Dajin’s 145 [...]
Cypress Development Corp. announces, pursuant to its stock option plan, that the Company has granted incentive stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 2,600,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.22 per share. The [...]
Cypress Development Corp. is pleased to announce it has closed an over-subscribed non-brokered private placement financing for total gross proceeds of $2,010,646. The Company has allotted and issued 9,139,300 units at a price of $0.22 per Unit. Each Unit is comprised of one common share and one transferable warrant, with each warrant entitling the [...]
Cypress Development is pleased to announce that due to strong interest, the Company is increasing the previously announced non-brokered private placement to 9,000,000 units at a price of $0.22 each to raise gross proceeds of up to $1,980,000. Each unit will consist of one common share and one warrant exercisable to purchase one additional common [...]