Cypress Development Increases Private Placement Financing

Vancouver, BC – Cypress Development Corp. (TSXV:CYP) announces that it has increased the non-brokered private placement announced Dec. 2nd from 3,000,000 units to 5,000,000 units at a price of $0.10 per unit to raise gross proceeds of up to $500,000. All other terms of the private placement remain the same.
The Company intends to utilize the proceeds of this private placement to continue to advance its lithium projects in Clayton Valley, Nevada and for general working purposes.

The private placement is subject to TSX Venture Exchange acceptance.
About Cypress Development Corp.:
Cypress development Corp is a publicly traded lithium and zinc exploration company that continues to acquire and develop potentially viable mineral projects in the State of Nevada, U.S.A.
Cypress is very active in Clayton Valley, Nevada with its team committed to systematically exploring its properties for both a lithium-brine resource and expanding exploration relating to the potential for lithium that exists within the recently discovered non-hectorite “claystones”, that has seen recent high lithium assays recovered from these same “claystones”.
Cypress Development Corp. has approx. 27.9 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.
“Don Huston”
DONALD C. HUSTON
President
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: info@cypressdevelopmentcorp.com