Cypress Development Corp. - News Releases - Cypress Development Grants Stock Options

2008 2007 2006 2005 2004

Cypress Development Corp.
Suite 2230 - 885 West Georgia Street
Vancouver, British Columbia V6C 3E8

Email: info@cypressdevelopmentcorp.com
TSX Venture Trading Symbol: CYP Telephone: (604) 687-3376
Facsimile: (604) 687-3119

	Mon Jan 11, 2010 Cypress Development Grants Stock Options
	Vancouver, BC - Cypress Development Corp. (TSX-V: CYP) announces it has granted incentive stock options to its various directors, officers, management, and Company employees to purchase up to an aggregate of 2,550,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.19 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual General Meeting of the Company held on May 21, 2009. These options are subject to a four-month hold period. About Cypress Development Corp.: Cypress Development Corp. is a diversified precious and base metal exploration and development company with properties in Red Lake, Ontario, Canada, and in Nevada, U.S.A. ON BEHALF OF THE BOARD OF DIRECTORS "Don Huston" DONALD C. HUSTON President For further information contact myself or: Don Myers Director Cypress Development Corp. Telephone: 604-687-3376 Toll Free: 800-567-8181 Facsimile: 604-687-3119 Email: info@cypressdevelopmentcorp.com NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

	You can view the Next News Releases item: Wed Jan 13, 2010, Cypress & Skyharbour Resume Drilling on Broulan Reef Bruce Channel / Red Lake Gold Project You can view the Previous News Releases item: Thu Dec 31, 2009, Cypress Development Closes 2nd Tranche of Private Placement You can return to the main News Releases page, or press the Back button on your browser.