Cypress Development to Extend Warrants, Attends 9th Lithium Supply & Markets Conference in Montreal
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC, Canada, V7Y 1K4
www.cypressdevelopmentcorp.com
TSX Venture Exchange Symbol: CYP
Email: [email protected]
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
NEWS RELEASE
May 29, 2017
Cypress Development to Extend Warrants,
Attends 9th Lithium Supply & Markets Conference in Montreal
Vancouver, BC - Cypress Development Corp. (TSX -V: CYP) (OTCBB: CYDVF)
(Frankfurt: C1Z1) (“Cypress” or the “Company”) proposes to extend 910,000
warrants previously issued in a June 2016 private placement at a price of $0.15 and
expiring June 29th, 2017. These warrants will now be exercisable until June 29th,
2018 at the same price of $0.15 per warrant.
These changes are subject to the acceptance of the TSX Venture Exchange.
In other news, Cypress ’ management will be attending the 9 th Lithium Supply &
Markets Conference in Montreal from May 30 th to June 1 st. The lith ium market h as
continued to develop after huge growth in 2016. Investment is prominent and
demand remains high as lithium continues to be a key mineral in major applications,
such as batteries and electric cars. Speakers will share exclusive insight into industry
advancements, with new research and developments remaining a key topic. A focus
on new lithium supplies will also be high on the agenda as growth in demand and
upward price pressure continues.
About Cypress Development Corp.:
Cypress Development Corp . is a p ublicly traded lithium and zinc exploration
company that continues to acquire and develop potentially viable mineral projects in
the State of Nevada, U.S.A.
Cypress is very active in Clayton Valley, Nevada with its team committed to
systematically explori ng its propert ies for both a lithiu m-brine resource and
expanding exploration relating to a lithium resource that exists within the large area
of non-hectorite “claystone” discovered at surface that has seen recent high li thium
assays recovered from these same “outcropping claystone”.
Cypress Clayton Valley, Nevada Lithium Projects location map:
http://www.cypressdevelopmentcorp.com/i/maps/CYP-Clayton-topo-satalite-small.jpg
Cypress Development Corp. has approx. 35.0 million shares issued and outstanding.
2
To find out more about Cypress Development Corp. (TSX -V: CYP), visit our website
at www.cypressdevelopmentcorp.com.
CYPRESS DEVELOPMENT CORP.
“Don Huston”
DONALD C. HUSTON
President
For further information contact myself or:
Don Myers
Director
Cypress Development Corp.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: [email protected]
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE
CONTENT OF THIS NEWS RELEASE.
This release includes certain statements that may be deemed to be "forward -looking
statements". All statements in this release, other than statements of historical facts, that
address events or developments that management of the Company expects, are forward -
looking statements. Although management believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may differ materially
from those in the forward -looking statements. The Company undertakes no obligation to
update these forward -looking statements if management's beliefs, estimates or opinions, or
other factors, should change. Factors that could cause actual results to differ materially from
those in forward -looking statements, include market prices, exploration and development
successes, continued availability of capital and financing, and gene ral economic, market or
business conditions. Please see the public filings of the Company at www.sedar.com for
further information.