Cypress Development Arranges $300,000 private placement

Cypress Development (TSXV:CYP) announced a financing of up to 3,000,000 units at a price of $0.10 per unit for gross proceeds of up to $300,000.
As quoted in the press release:

Each Unit will consists of one common share and one non-transferable share purchase warrant (“Warrant”), with each Warrant entitling the holder to purchase an additional common share for a period of three years at a price of $0.125 per share from the closing date of the private placement.

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