Cypress Development Corp. is pleased to announce that Wood PLC and Global Resource Engineering will be conducting the work required to complete a Feasibility Study in accordance with Canadian Securities National Instrument 43-101 on the Company's Clayton Valley Lithium Project located in Nevada, USA. Since the establishment of NI 43-101 in 2001, Wood has been responsible for, or involved in, the preparation of more than [...]
Cypress Development Corp. is pleased to announce that, together with its wholly owned subsidiary Cypress Holdings LTD, it has entered into a Definitive Purchase and Sale Agreement with Enertopia Corporation pursuant to which Cypress will acquire Enertopia's Clayton Valley Lithium Claystone Project located immediately adjacent to Cypress' Clayton Valley Lithium Project in Nevada. "We are excited to consolidate Enertopia's [...]
Cypress Development is pleased to announce that it has engaged San Diego Torrey Hills Capital, a Rancho Santa Fe, California based investor relations firm, to provide market awareness and investor relations services to the Company, subject to acceptance by the TSXV. Torrey Hills Capital is a leading investor and financial public relations firm specializing in junior and start-up companies. Torrey Hills Capital will [...]
Cypress Development Corp. is pleased to report the successful completion of a 14-day operating test at the Company's lithium extraction pilot plant in Nevada. During this period, the pilot plant operated continuously treating lithium-bearing claystone from the Company's Clayton Valley Lithium Project. "The progress so far is substantial, and we are very pleased with the initial results" stated Bill Willoughby, President [...]
In the news release, CYPRESS DEVELOPMENT COMPLETES OVER-SUBSCRIBED $18.1 MILLION BOUGHT DEAL FINANCING, issued 04-Feb-2022 by Cypress Development Corp. over CNW, we are advised by the company that the text has been updated to include additional information regarding underwriting commission. The complete, corrected release follows: CYPRESS DEVELOPMENT COMPLETES OVER-SUBSCRIBED $18.1 | OTCQX: CYDVF Cypress Development Corp[...]
Cypress Development Corp. is pleased to announce that it has closed its previously announced upsized bought deal offering with PI Financial Corp. as the sole underwriter and bookrunner. Pursuant to the Offering, the Company issued a total of 9,058,000 units of the Company at a price of $2.00 per Unit and 142,000 Warrants at a price of $0.1598 per Warrant, for aggregate gross proceeds of $18,138,720, which includes [...]
Cypress Development Corp. is pleased to report the successful completion of a 7-day continuous run at the Company's pilot plant. During this period, the pilot plant operated at its designed feed rate of one ton per day of lithium claystone from the Company's Clayton Valley Lithium Project. "From an operating perspective, we are very pleased with how the pilot plant has performed to date", stated Bill Willoughby, President [...]
Cypress Development Corp. 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. "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 [...]
Cypress Development Corp. reports that since the closing of the purchase of Nevada water Permit 44411 from Intor Resources Corp., a subsidiary of Nevada Sunrise Gold, the Company has learned that a petition was filed by a junior exploration company in the Nevada District Court for review of the Nevada State Engineer's approval of Intor's Application for Extension of Time to Prevent Forfeiture of the Permit . Cypress and [...]
Nevada Sunrise Gold Corp. is pleased to announce that it has completed the sale of its water rights in the Clayton Valley, Nevada through its wholly-owned Nevada subsidiary company Intor Resources Corporation to Cypress Development Corp. of Vancouver, BC, Canada . The Transaction represents a major milestone for Cypress' Clayton Valley Lithium Project, near Silver Peak, Nevada and provides an opportunity for Nevada [...]
TSXV: CYP | OTCQB: CYDVF Cypress Development Corp. is pleased to report it has completed the purchase of Permit 44411 and Certificate 13631 from Intor Resources Corp., a subsidiary of Nevada Sunrise Gold Corp. . The remaining cash purchase consideration of US$2,000,000 and the title deed were released from escrow to the respective parties, along with Cypress shares in the value of US$850,000 issued to Nevada Sunrise, as [...]
TSXV: CYP | OTCQB: CYDVF Cypress Development Corp. Cypress Development is pleased to report a successful pilot plant start-up for extraction testing of lithium-bearing claystone from the Company's 100% owned Clayton Valley Lithium Project in Nevada. The first full test was completed with 72 hours of continuous operation. The Company expects testing to continue as it awaits final results from assays. "The progress so far [...]
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