reports
Cypress Development Provides Update on the Clayton Valley Lithium Proj...
Cypress Development Provides Update on the Clayton Valley Lithium Project’s Pilot Plant and Appointment of Vice President, Investor Relations VANCOUVER, British Columbia, July 27, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to announce that it is nearing completion of the assembly of its pilot plant; and all major components are on site including the Chemionex portion of the process. The Company is awaiting the arrival of key electrical subcomponents, delayed due to supply constraints related to Covid-19. The...
Cypress Development Enters into License Agreement with Chemionex for t...
Cypress Development Enters into License Agreement with Chemionex for their DLE Technology & Equipment for Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, July 06, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to announce that it has entered into a share purchase and license agreement (the “Agreement”) with Chemionex Inc. (“Chemionex”), an Ontario based company, and an arm’s length third party (collectively, the “Sellers”). The Agreement formalizes the terms of acquisition of a license to u...
Cassandra Joseph Joins Cypress Development’s Board of Directors
Cassandra Joseph Joins Cypress Development’s Board of Directors VANCOUVER, British Columbia, June 02, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to announce that Cassandra Joseph, Esq., has been appointed to the Company’s Board of Directors. Ms. Joseph is an attorney with more than 20 years of experience working in the U.S. in natural resource, environmental and corporate law. She is presently Senior Vice President, General Counsel and Corporate Secretary for Nevada Copper Corp., and Director and Chair of t...
Cypress Development Update on Lithium Extraction Pilot Plant
Cypress Development Update on Lithium Extraction Pilot Plant VANCOUVER, British Columbia, May 20, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to provide an update on its ongoing pilot plant construction in Nevada. Equipment deliveries are on track and plant assembly is expected to commence by month end at the leased facility in Amargosa Valley. The plant remains on schedule is expected to be fully operational in July 2021. The Company has entered into a services agreement with Chemionex Inc. (“Chemionex”), a...
Cypress Development Enters LOI for the Purchase of Water Rights in Cla...
Cypress Development Enters LOI for the Purchase of Water Rights in Clayton Valley, Nevada VANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to announce that it has entered into a Letter Of Intent (“LOI”) with Intor Resources Corp. (“Intor”), a wholly owned subsidiary of Nevada Sunrise Gold Corp. (“Nevada Sunrise”), for the purchase of Intor’s water rights in Clayton Valley, Nevada (the “Transaction”). The Transaction is subject to the terms of the LOI and is a major milestone to...
Cypress Development Appoints Braam Jonker as Chief Financial Officer
Cypress Development Appoints Braam Jonker as Chief Financial Officer VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to announce the appointment of Mr. Abraham (Braam) Jonker as Chief Financial Officer of the Company. Acting CFO James Pettit will continue to serve on the Board of Directors as a Non-Executive Director. Mr. Jonker is an accomplished financial leader in the mining industry with almost 30 years of experience. He recently served as CFO of Nevada Copper Corp, where...
Cypress Development Commences Development of Pilot Plant for the Clayt...
Cypress Development Commences Development of Pilot Plant for the Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, March 25, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) announces that it has initiated the selection and purchasing of materials to commission a pilot plant and extraction facility for the lithium-bearing claystone from its Clayton Valley Lithium Project in Nevada. The pilot plant program is a required step in advancing the Clayton Valley Lithium Project to production. The purpose of the ...
Cypress Development Announces Further Advancement in Chloride Leaching...
Cypress Development Announces Further Advancement in Chloride Leaching for Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) reports additional valuable advances in the Company’s scoping-level study of chloride-based leaching to recover lithium from the claystone at its Clayton Valley Lithium Project. As described in the December and 2020 news releases, the Company initiated an investigation into chloride-based leaching and the potential economic...
Cypress Development Receives Biological Report for Clayton Valley Lith...
Cypress Development Receives Biological Report for Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to report it received a Biological Baseline Report for the Company’s Clayton Valley Lithium Project. The report was prepared by consultants, Stantec Consulting Services Inc. of Reno, Nevada, and documents biological surveys conducted during 2020. The work was conducted in the course of environmental due diligence studies at the Project. T...
Couloir Capital Ltd. is Pleased to Announce the Initiation of Research...
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 adja...
Cypress Development Completes First Step in Chloride Leaching Study fo...
Cypress Development Completes First Step in Chloride Leaching Study for Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to report the first stage in the scoping level study into the extraction of lithium using chloride-based leaching is completed. This work consisted of preparation and acid leaching of a large sample from the Company’s Clayton Valley Lithium Project and was accomplished at Continental Metallurgical Services Inc. (CMS) ...
Cypress Development Studies Chloride Leaching for Clayton Valley Lithi...
Cypress Development Studies Chloride Leaching for Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) reports it is initiating a scoping level study into the extraction of lithium using chloride-based leaching. This decision follows the test results reported in the Company’s , 2020 news release. The data indicates a higher rate of lithium extraction in leaching claystone with hydrochloric acid than with sulfuric acid when in the presence of high chl...
Cypress Development Announces Extension to Nevada Option Agreement wit...
Cypress Development Announces Extension to Nevada Option Agreement with Pasinex VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) announces the Company has reached an agreement with Pasinex Resources Limited (CSE: PSE) (“Pasinex”) and Caliber Minerals Inc. to change the terms relating to the earn-in option agreement on Cypress’ Gunman (formally Spur) zinc exploration property in Nevada, USA. The agreement extends the deadline to complete the conditions to earn an initial 51% interest in ...
Cypress Development Reports Further Positive Metallurgical Results fro...
Cypress Development Reports Further Positive Metallurgical Results from Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) reports the completion of additional metallurgical testing following the positive (PFS) published on the Company’s 100%-owned Clayton Valley Lithium Project in Nevada, USA. The testing was conducted at Continental Metallurgical Services in Montana and NORAM Engineering in British Columbia, in preparation for the Company’s pilot...
Cypress Development Re-Elects Five Directors at AGM
Cypress Development Re-Elects Five Directors at AGM VANCOUVER, British Columbia, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to announce that it held its annual general meeting on October 14, 2020. The Company reports that William Willoughby, Donald Huston, James Pettit, Donald Myers and Amanda Chow were re-elected directors of the Company. Shareholders also approved the Company’s Shareholder Rights Plan (see news release ), the re-appointment of Davidson & Company, Chartered Accountants, as auditors...
Cypress Development Adopts Shareholder Rights Plan
Cypress Development Adopts Shareholder Rights Plan VANCOUVER, British Columbia, Sept. 03, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) announced today that it has entered into a Shareholder Rights Plan (the “Plan”), subject to all necessary regulatory and shareholder approval. The Plan is designed to ensure that the Company’s shareholders are treated fairly in the event of a take-over bid for the Company’s common shares and that the Company’s Board of Directors and shareholders will have adequate time to evaluate any un...
Cypress Development Announces 55% Increase in Lithium Mineral Resource...
Cypress Development Announces 55% Increase in Lithium Mineral Resource at the Clayton Valley Lithium Project, Nevada VANCOUVER, British Columbia, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to announce an updated Mineral Resource Estimate at the Company’s Clayton Valley Lithium Project in Nevada, USA. The work was completed by Global Resource Engineering located in Denver, Colorado. The updated Mineral Resource Estimate for the project utilizes the same economic and mining parameters found in the Co...
Cypress Development Grants Incentive Stock Options
Cypress Development Grants Incentive Stock Options VANCOUVER, British Columbia, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) has granted an aggregate of 350,000 incentive stock options (the "Options") to advisors and consultants of the Company. The Options are exercisable at $0.345 per share for a period of five years from the date of grant. The Options have been granted under and are governed by the terms of the Company's incentive stock option plan. The issuance of incentive stock options is subject to TSX V...
Cypress to Issue Shares to Legal Advisor
Cypress to Issue Shares to Legal Advisor VANCOUVER, British Columbia, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) announces that it proposes to issue to Mr. Thomas Erwin, a partner of Erwin Thompson Faillers, 308,303 common shares of the Company, at a price of $0.26 each for a total of $80,160 as part of compensation for services rendered from 2018 to present. The Company is pleased to continue to have Mr. Erwin as its U.S. legal counsel and advisor to the Company. The issuance of shares is subject to TSX Vent...
Cypress Reports 92 meters of 1136 ppm Li from Clayton Valley Lithium P...
Cypress Reports 92 meters of 1136 ppm Li from Clayton Valley Lithium Project in Nevada VANCOUVER, British Columbia, July 02, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: ) (OTCQB: ) (Frankfurt: ) (“Cypress” or “the Company”) is pleased to report newly received assays of drill cores which the Company recently acquired. The cores are from four holes drilled as shown in the figure below and located in an area south of the proposed mine area in the Company’s May 2020 Prefeasibility Study (). The assay results are summarized in the accompanying table. Clayton Valley Lithium Proje...
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