TSXV: CYP | OTCQX: CYDVF
VANCOUVER, BC, Feb. 16, 2022 /CNW/ - Cypress Development
Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1)
("Cypress" or "the Company") is pleased
to announce that it has engaged San Diego Torrey Hills Capital,
Inc. ("Torrey Hills Capital"), a Rancho
Santa Fe, California based investor relations firm, to
provide market awareness and investor relations services to the
Company, subject to acceptance by the TSX Venture Exchange
("TSXV").
Torrey Hills Capital is a leading investor and financial public
relations firm specializing in junior and start-up companies.
Torrey Hills Capital will increase awareness about Cypress through
its established relationships with investment professionals,
investment advisors, and money managers focused on the microcap
market space. This will allow the Company to build and maintain an
informed investor audience in both the U.S. and Canadian
marketplaces.
Torrey Hills Capital has been engaged at a rate of US$7,000 per month for an initial term of one
year. After the initial term, the agreement will terminate unless
otherwise extended by both parties. Torrey Hills Capital currently
has no direct or indirect interest in the securities of Cypress, or
any right or intent to acquire such an interest.
The appointment of Torrey Hills Capital as an investor relations
consultant of Cypress remains subject to regulatory acceptance of
applicable filings with the TSXV.
About Torrey Hills Capital
Torrey Hills Capital was formed in 1998 and is headquartered in
Rancho Santa Fe, California.
The team of professionals offers experience and expertise in
investor relations, corporate communications, non-deal roadshows,
and market support activities. Torrey Hills Capital specializes in
the development and marketing of emerging growth companies which
trade in the United States (NYSE,
AMEX, and OTC) and in Canada (TSX,
TSXV, and CSE). Marketing activities articulate key investment
attributes, strategic direction, and financial expectations, which
combine to ensure that client market value fully reflects past
achievements and future opportunities. Further information is
available at www.torreyhillscapital.com.
About Cypress Development Corp
Cypress Development Corp. is a Canadian based advanced stage
lithium exploration company, focused on developing its 100%-owned
Clayton Valley Lithium Project in Nevada,
USA. Work completed by Cypress led to the discovery of a
world-class resource of lithium-bearing claystone adjacent to the
Albemarle Silver Peak mine, North
America's only lithium brine operation. Cypress is advancing
its Clayton Valley Lithium Project in Nevada towards the production of high-purity
lithium hydroxide suitable for tier one battery usage.
ON BEHALF OF CYPRESS DEVELOPMENT CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE
CONTENT OF THIS NEWS RELEASE.
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SOURCE Cypress Development Corp.
