Cypress Development Upgraded to OTCQX Best Market
NEWS RELEASE TSXV: CYP | OTCQX: CYDVF
CYPRESS DEVELOPMENT UPGRADED TO OTCQX BEST MARKET
December 21, 2021 – Vancouver, Canada – Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF)
(Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to announce that it has qualified to trade on
the OTCQX® Best Market. The Company begins trading today on OTCQX under the symbol “CYDVF.” U.S.
investors can find current financial disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
“We are pleased to better serve our growing investor base and supporters of Cypress as we advance our
Clayton Valley Lithium Project in Nevada” said Bill Willoughby, President and CEO of Cypress
Development. “Upgrading to the OTCQX is an important step for the Company in building market
awareness and improving access for our U.S. investors.”
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To
qualify for OTCQX, companies must meet high financial standards, follow best practice corporate
governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX
Market marks an important milestone for companies, enabling them to demonstrate their qualifications
and build visibility among U.S. investors.
About Cypress Development Corp
Cypress Development Corp. is a Canadian based advanced stage lithium exploration company, focused on
developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Work completed by Cypress
led to the discovery of a world-class resource of lithium-bearing claystone adjacent to the Albemarle Silver
Peak mine, North America's only lithium brine operation. Cypress is advancing its Clayton Valley Lithium
Project in Nevada towards the production of high-purity lithium hydroxide suitable for tier one battery
usage.
ON BEHALF OF CYPRESS DEVELOPMENT CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer
For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851 | Toll Free: 1 800 567 8181 | Email [email protected]
www.cypressdevelopmentcorp.com
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RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements that may be deemed to be "forward-looking statements". Forward-looking
statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects,”
“estimates,” “projects,” “anticipates,” “believes,” “could,” “scheduled,” and other similar words. 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 general economic, market or business conditions. Please see the
public filings of the Company at www.sedar.com for further information.