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Cypress Development Grants Incentive Stock Options

VANCOUVER, British Columbia, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Compan

articleCentury Lithium CorpAugust 4, 20203/company/century-lithium/news/cypress-development-grants-incentive-stock-options
Cypress Development Grants Incentive Stock Options

About this update from Century Lithium Corp

[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 04, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) has granted an aggregate of 350,000 incentive stock options (the \"Options\") to advisors and consultants of the Company. The Options are exercisable at $0.345 per share for a period of five years from the date of grant.  The Options have been granted under and are governed by the terms of the Company's incentive stock option plan. The issuance of incentive stock options is subject to TSX Venture Exchange acceptance.   About Cypress Development Corp.: Cypress Development Corp. is a publicly traded exploration company focused on developing the Company's 100%-owned Clayton Valley Lithium Project in Nevada. The Company has approximately $1.1 million in its treasury, no debt, and approximately 91.1 million shares issued and outstanding. To find out more about Cypress Development Corp. (TSX-V: CYP), visit our website at www.cypressdevelopmentcorp.com. CYPRESS DEVELOPMENT CORP. “Dr. Bill Willoughby”                                                            WILLIAM WILLOUGHBY, PhD., PEChief Executive Officer For further information contact myself or: Don MyersCypress Development Corp.Director, Corporate CommunicationsTelephone: 604-639-3851 Toll Free: 800-567-8181 Facsimile: 604-687-3119 Email: [email protected] NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. This release includes certain statements that may be deemed to be \"forward-looking statements\". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments...

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