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Tue Oct 24, 2006 Amendment - Private Placement Increased Vancouver, BC., Cypress Development Corp. (TSX.V: CYP) (the "Company") -- announces that further to its News Release dated October 20, 2006, the Company has increased the private placement from 3,000,000 flow-through units to 4,000,000 flow-through units and the non-flow-through units from 2,000,000 to 2,500,000 units. The private placement shares and any shares to be issued upon exercise of the warrants will be subject to a 4 month hold period.
The Company intends to utilize the proce... (1 KB) |
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Fri Oct 20, 2006 Flow-Through and Non Flow-Through Private Placement Announced Vancouver, BC., Cypress Development Corp. (TSX.V: CYP) (the "Company") announces a private placement of up to 3,000,000 flow-through units at an offering price of $0.20 per flow-through unit. Each flow-through unit will consist of one flow-through share and one share purchase warrant entitling the holder to purchase a non flow-through share at a price of $0.25 for a period of one (1) year.
The Company also announces a non-brokered private placement of up to 2,000,000 non flow-through ... (2 KB) |
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Mon Oct 16, 2006 Drilling Resumes on Broulan Reef Gold Project, Red Lake, Ontario Vancouver, BC - Cypress Development Corp. (TSX.V: CYP) announces that drilling has resumed on the Company's 80% owned Broulan Reef project located in the Red Lake gold camp of northwestern Ontario. After a 15 day shutdown of the rig for maintenance and repairs, drilling has resumed on the #2 hole (BR7-06) at a depth of 4,060 feet. The location of the Broulan Reef property is well positioned to explore for the continuation of the known north -- south trending geology that hosts the new hig... (2 KB) |
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Tue Sep 19, 2006 21 years Mining Leases Received for Broulan Reef Gold Project, Red Lake, Ontario Vancouver, BC - Cypress Development Corp. (TSX.V: CYP) is pleased to announce that confirmation has been received from the Ministry of Northern Development and Mines of Ontario for the renewal of the Broulan Reef mining leases for an additional 21 years, held by Cypress (80%) and Skyharbour Resources Ltd. (20%). This allows the companies greater latitude in their ability to conduct proper and extensive exploration programs over a long period of time. The Broulan Reef property is located a... (2 KB) |
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Thu Sep 7, 2006 Drilling Completed on Verde, Drilling to Start on Gunman in Nevada Vancouver, BC - Cypress Development Corp. (TSX.V: CYP) announces its drill program on its polymetalic Verde property in Nevada has now been completed. The 5 hole drill program (2110 feet total) targeted structurally controlled, silver / base metal mineralization.
The initial drill program has tested a strike length of approximately 1200 feet and the mineralized structure at depth ranging from 60 feet to 400 feet below exposed levels. The outcropping mineralization has been historicall... (2 KB) |
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Wed Aug 2, 2006 Deep Drill Program on Broulan Reef Property in Red Lake Resumes Vancouver, BC - Cypress Development Corp. (TSX.V: CYP) and Skyharbour Resources Ltd. (TSX.V: SYH) advise that the deep drill program on their 80% / 20% owned Broulan Reef property in Red Lake, Northwestern Ontario has restarted. The drill crew arrived in Red Lake on August 1st and the re-entry and continuation of the drilling of the 1st deep hole of the 2006 summer drill program began Wednesday, August 2nd.
The 1st hole is currently drilled to a depth of 3087 feet and the companies a... (2 KB) |
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Fri Jul 14, 2006 Progress on Summer 2006 Mineral Exploration Programs in Ontario & Nevada ... (2 KB) |
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Wed Jul 5, 2006 Incentive Stock Options Granted Vancouver, BC. - Cypress Development Corp. (TSX.V: CYP) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 2,156,310 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 Meetin... (1 KB) |
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Thu Jun 22, 2006 Exploration Begins on Gunman Zinc Project in Nevada Vancouver, BC - Cypress Development Corp. (TSX.V: CYP) announces that the summer 2006 work program on the Gunman property joint venture in White Pine County, northeast Nevada, is now underway. The Gunman zinc oxide / sulfide property is held 73.13% by Cypress Development and 26.87 % by Bison Gold Exploration Inc.
The 2006 Gunman summer exploration progra... (2 KB) |
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Tue Jun 20, 2006 Drilling Commences on Broulan Reef Gold Project, Red Lake, Ontario Vancouver, BC - Cypress Development Corp. (TSX.V: CYP) is pleased to announce its summer Phase 2 drill program on the Company's 80% owned Broulan Reef project located in Red Lake, northwestern Ontario.
The diamond drill and equipment have been mobilized to the property and hole #1 is currently being collared. Cypress Development has contracted the summer drill program to Rodren Drilling of Winnipeg, Manitoba. Rodren will complete 3 diamond drill holes to an approximate depth of 4500 fe... (2 KB) |
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