Cypress Development shareholders re-elect five to board

Oct 15, 2020

2020-10-15 09:48 ET – News Release

Dr. Bill Willoughby reports

CYPRESS DEVELOPMENT RE-ELECTS FIVE DIRECTORS AT AGM

Cypress Development Corp. held its annual general meeting on Oct. 14, 2020. The company reports that Dr. 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 Sept. 3), the reappointment of Davidson & Company, chartered accountants, as auditors and approved the renewal of the company’s incentive stock option plan.

About Cypress Development Corp.

Cypress Development is a publicly traded exploration company focused on developing the company’s 100-per-cent-owned Clayton Valley lithium project in Nevada. Exploration and development by Cypress discovered a world-class resource of lithium-bearing claystone adjacent to the Albemarle silver peak mine, North America’s only lithium brine operation. The size of the resource makes the Clayton Valley project a premier source that has the potential to impact the supply of lithium for the fast-growing global energy storage battery market.

We seek Safe Harbor.

https://www.cypressdevelopmentcorp.com/