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Cypress Development Closes Private Placement

Investing News Network
Jan. 26, 2011 12:16AM PST
Silver Investing

Cypress Development Corp. (CVE:CYP) announces that it has closed its non-brokered private placement and issued a total of 19,245,000 units at a price of $0.05 per unit.

Cypress Development Corp. (TSXV:CYP) announces that it has closed its non-brokered private placement and issued a total of 19,245,000 units at a price of $0.05 per unit.

The press release is quoted as saying:

Each unit consists of one common share and one non-transferable share purchase warrant which entitles the holder to purchase one additional common share of the Company at a price of $0.10 per share until January 24, 2013.

Click here to access the entire press release

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