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Cypress Development Corp.
Suite 1610 - 777 Dunsmuir Street
Vancouver, British Columbia  V7Y 1K4

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



 Thu Jan 10, 2013
Cypress Share Purchase Warrants to be Extended

 

Vancouver, BC - Cypress Development Corp. (TSX-V: CYP)(OTC Pick: CYDVF) (the "Company") announces that it will make an application with the TSX Venture Exchange to extend the exercise period of a total of 19,245,000 non-transferable share purchase warrants (the "Warrants") for a further one year term.

 

The 19,245,000 Warrants were issued in connection with a 19,245,000 unit private placement which closed on January 24, 2011. The 19,245,000 Warrants are currently exercisable at a price of $0.10 per warrant share until January 24, 2013.

 

Upon receipt of TSX Venture Exchange acceptance, the 19,245,000 Warrants will expire after the close of business on January 24, 2014.

 

About Cypress Development Corp.:

 

Cypress Development Corp. is a diversified precious and base metals exploration and development company with properties in Red Lake, Ontario, Canada, and in Nevada, U.S.A. 

 

To find out more about Cypress Development Corp. (TSX-V: CYP), visit our website at www.cypressdevelopmentcorp.com.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

"Jim Pettit"

                                      

JAMES G. PETTIT

Director

 

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:

 

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 23, 2013, Cypress Share Purchase Warrants Extended

You can view the Previous News Releases item: Thu Sep 27, 2012, Cypress Stakes Additional Claims for Gunman Zinc-Silver Project in Nevada

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