CYP Cypress Development Corp.

Couloir Capital Ltd. is Pleased to Announce the Initiation of Research Coverage on Cypress Development Corp.

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2020) - Couloir Capital Ltd. is pleased to announce the initiation of research coverage on Cypress Development Corp. (TSXV: CYP) (OTCQB: CYDVF) (FSE: C1Z1). The initial report is titled, "Pre-Feasibility Stage Lithium Asset with Robust Economics and Strong Offtake Potential."

About Cypress Development Corp.

Cypress Development is focused on developing the Company's 100%-owned Clayton Valley Lithium Project in Nevada, USA. Exploration and development by Cypress has discovered a world-class resource of lithium-bearing claystone adjacent to the Albemarle Silver Peak mine, North America's only lithium brine operation. The size of the resource makes the Clayton Valley Project a premier source that has the potential to impact the supply of lithium for the fast-growing global energy storage battery market.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email:

Analyst Disclosure: The analyst and/or affiliated companies do not hold shares in CYP but may purchase shares once its research is fully disseminated.

To view the source version of this press release, please visit

EN
18/12/2020

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