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| Tue Mar 30, 2004 Acquisition of Mining Claim -- Dome Township, Red Lake Area, Ontario The Company announces that it has entered into an Acquisition Agreement with Dan Patrie Exploration Ltd. ("Patrie") wherein the Company acquired a 100% interest in and to one (1) mineral claim consisting of 6 Units (approximately 240 acres) located in the Dome Township, Red Lake Area, Kenora Mining Division, Ontario, (the "Mineral Claim"). The consideration payable to Patrie for the Mineral Claim is the sum of $3,000 and the issuance of 65,000 common shares. A 2% net smelter return royalty is re... (0 KB) |
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| Fri Mar 12, 2004 3rd tranche issuance of 25,000 common shares The Company announces that it has issued 25,000 common shares, in connection with the Company's 3rd tranche issuance pursuant to the terms of an Option Agreement dated February 21, 2002. The Company had been granted an option in and to the East Humlin Group Property, which forms part of the Company's jointly held Mckenzie Island property, in Red Lake, Ontario. The shares will be subject to a hold period and shall not trade before July 6, 2004. The TSX Venture Exchange has not reviewed and ... (0 KB) |
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| Thu Feb 26, 2004 Cypress Development Announces Closing of 4,000,000 Unit Private Placement The Company announces the closing of its 4,000,000 unit brokered private placement at $0.10 per unit announced by news release dated January 20, 2004. Each unit consists of one share and one share purchase warrant which entitles the holder to purchase an additional share at a purchase price of $0.10 per share until February 26, 2005. The Agent received a finder's fee of $40,000 cash, an administration fee of $2,000 and 800,000 Agents' Warrants. The shares and any shares acquired upon exercise of... (0 KB) |
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| Mon Feb 23, 2004 Resignation/Appointment of Secretary and VP of Communications The Company announces the recent resignation of Derek Huston as Vice President of Communications and the appointment of Mr. David Goldman in his place. The Company also announces that Nancy Ackerfeldt has resigned as secretary of the Company and that Mr. Derek Huston has been appointed in her place. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB) |
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| Wed Feb 18, 2004 Cypress Closes 1.25 mil unit Private Placement The Company announces that it closed its 1,250,000 unit non-brokered private placement at $0.10 per unit announced by news release dated January 20, 2004. 780,000 units are subject to a hold period until June 17, 2004 and 470,000 units are subject to a hold period until June 19, 2004. 780,000 share purchase warrants are exercisable until February 16, 2005 and 470,000 share purchase warrants are exercisable until February 18, 2005. The Company wishes to announce that it has granted incentive ... (0 KB) |
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| Tue Feb 10, 2004 Cypress Releases Gunman Geological Report Cypress Development Corp. (the "Company") announces that it has commissioned a geological report (the "Report") on its Gunman Project located in White Pine County, North-East Nevada consisting of 120 contiguous, unpatented and unsurveyed Federal lode claims which are under lease (the "Property"). The Report on the Property, entitled "Exploration Recommendations" dated January 15, 2004, was prepared by Robert D. Marvin, B.Sc., Geologist, of Red Rock Exploration Services, Reno, Nevada. The Repo... (1 KB) |
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| Wed Jan 21, 2004 Further to news release of Jan. 20, 2004 Further to the Company's news release of yesterday's date, the Company announces that the non-brokered private placement should be for the purchase of 1,250,000 Units and not 1,000,000 Units as announced. To find out more about Cypress Development Corp. (TSX: CYP), visit our website at www.cypressdevelopmentcorp.com. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB) |
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| Tue Jan 20, 2004 Private placement of 4,000,000 Units The Company wishes to advise that it has negotiated with Canaccord Capital Corporation, (the "Agent"), subject to regulatory approval, a private placement of 4,000,000 Units (the "Units"). The Units are being offered at a price of $0.10 per Unit. Each Unit will consist of one common share and one share purchase warrant entitling the holders thereof to purchase an additional common share (the "Warrant Share") at a price of $0.10 for a period of one year. The Agent will receive a commission in con... (1 KB) |
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