OTC Markets Group Welcomes Cypress Development Corp. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Cypress Development Corp. (TSX-V: CYP; OTCQX: CYDVF), a lithium exploration and development company, has qualified to trade on the OTCQX® Best Market. Cypress Development Corp. upgraded to OTCQX from the OTCQB® Venture Market.

Cypress Development Corp. begins trading today on OTCQX under the symbol "CYDVF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

"We are pleased to better serve our growing investor base and supporters of Cypress as we advance our Clayton Valley Lithium Project in Nevada " said Bill Willoughby , President and CEO of Cypress Development. "Upgrading to the OTCQX is an important step for the Company in building market awareness and improving access for our U.S. investors."

About Cypress Development Corp.

Cypress Development Corp. is an advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada . 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.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX ^® Best Market, the OTCQB ^® Venture Market and the Pink ^® Open Market for over 11,000 U.S. and global securities. Through our regulated OTC Link ^® Alternative Trading Systems, the Company connects a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for their investors.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com .

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

View original content to download multimedia: https://www.prnewswire.com/news-releases/otc-markets-group-welcomes-cypress-development-corp-to-otcqx-301448617.html

SOURCE OTC Markets Group Inc.

News Provided by PR Newswire via QuoteMedia

Cypress Development TSXV:CYP Lithium Investing

CYP:CA

CYPRESS DEVELOPMENT CHANGES NAME TO CENTURY LITHIUM CORP AND NEW TICKER SYMBOL 'LCE' EFFECTIVE JANUARY 30, 2023

Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) ("Cypress" or "the Company") is pleased to announce that further to its news release dated January 24, 2023 the TSX Venture Exchange (the "TSXV") has approved the Company's name change from Cypress Development Corp. to Century Lithium Corp. The Company will also change its trading symbol from 'CYP' to ' LCE ' on the TSXV. The effective date on which the Company will begin trading under the new name and symbol is January 30, 2023 . The CUSIP number is 156615106.

The transfer agent of the Company continues to be Computershare Investor Services Inc. There is no change in the capitalization of the Company in connection with the change of name and trading symbol and no action is required by existing shareholders with respect to this matter. Shareholders holding share certificates of the Company can request a replacement certificate, however new certificates are not required and will not be automatically issued.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA . Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF Cypress Development Corp.
WILLIAM WILLOUGHBY , PhD., PE
President & Chief Executive Officer

www.cypressdevelopmentcorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

View original content to download multimedia: https://www.prnewswire.com/news-releases/cypress-development-changes-name-to-century-lithium-corp-and-new-ticker-symbol-lce-effective-january-30-2023-301731430.html

SOURCE Cypress Development Corp.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/January2023/26/c0306.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

CYPRESS DEVELOPMENT CONFIRMS PRODUCTION OF BATTERY GRADE LITHIUM CARBONATE

TSXV: CYP | OTCQX: CYDVF

Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) (Cypress or Company) is pleased to report it has achieved a significant milestone with the production of 99.94% lithium carbonate (Li 2 CO 3 ) made from lithium-bearing claystone from the Company's 100%-owned Clayton Valley Lithium Project in Nevada, USA (Project). The Li 2 CO 3 was derived from the intermediate concentrated lithium solution produced at Cypress' Lithium Extraction Facility in Amargosa Valley, Nevada (Pilot Plant). Following direct lithium extraction (DLE) at the Plant, Saltworks Technologies Inc. (Saltworks) completed the processing system design and pilot work to make the Li 2 CO 3.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

AM Resources Identifies 26 New Pegmatites for a Total of 187 Pegmatites on its 1,500 km² Land Package in Austria

AM Resources Corporation (“AM Resources” or the “Company”) (TSXV: AMR) (Frankfurt: 76A), a dynamic junior mining company focused on the exploration and development of high-potential pegmatite lithium deposits, is pleased to announce the discovery of 26 new pegmatites as a result of its ongoing compilation of government databases since it acquired its 1,500 km2 land package (see press release dated March 21, 2024). AM Resources has now identified a total of 187 pegmatites, consolidating its strategic position in one of Austria’s most prospective lithium areas.

Recently announced 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt.
Ongoing compilation of government data resulted in the discovery of 26 additional pegmatites across two groups, with sizes ranging from 102 metres to 887 metres.
Many pegmatites are strategically located within mica schists, indicating favorable conditions for lithium-bearing minerals.
Latest discoveries continue to reinforce AM Resources' position in the Austrian Pegmatite Belt, located within proximity to European battery manufacturers.

AM Resources’ 1,500 km2 land package

Keep reading...Show less

Notification of Expiry of Options (EUROA) and Announcement of Options Offer

As announced on 25 March 2024, European Lithium Limited (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company) has listed options on issue exercisable at $0.075 each that are due to expire on Friday, 19 April 2024 (EUROA Options). Optionholders may exercise their options by way of payment, which must be received no later than 5:00pm (WST) on Friday 19 April 2024 (Expiry Date). All EUROA Options that are not exercised by the Expiry Date will expire with no value and no further entitlement will exist.

Keep reading...Show less

Large New Lithium and Gold Anomalies Identified Over Highly - Prospective Cave Hill Greenstone Belts

Sabre Resources Ltd (ASX: SBR) (“Sabre” or “the Company”) is pleased to announce that further broad-spaced soil sampling results have defined a large lithium anomaly within the extensive 700 sq.km Cave Hill Project tenements, south of Coolgardie in Western Australia’s world-class Eastern Goldfields gold, nickel and lithium province (see Figure 1, below).

Keep reading...Show less

Coniagas Battery Metals to Advance Graal Nickel-Copper Project in Quebec, CEO Says

Coniagas Battery Metals (TSXV:COS) is focused on developing world-class nickel, copper and cobalt projects, starting with the Graal property in Quebec, according to Frank Basa, the company’s CEO. Coniagas is a spinout of Nord Precious Metals Mining (TSXV:NTH,OTCQB:CCWOF), formerly Canada Silver Cobalt Works, which is continuing to work on its past-producing Castle silver-cobalt project.

“We still have about 14 properties, including Graal. We spend most of our time and money on Graal because odds are there's something there,” Basa said. “We might start drilling right away, and we might have some very high crazy numbers for copper-nickel. ... There's some cobalt values. The property's potential is massive.”

Early exploration work and drilling at the Graal property indicate a potentially large deposit of high-grade nickel, copper and cobalt near surface.

Keep reading...Show less

Constituent	Concentration	Battery Grade Spec -Li ₂ CO ₃	Cypress Li ₂ CO ₃
Li ₂ CO ₃	wt%	>99.5%	99.94 %
H ₂ O	wt%		0.01 %
Na	wt%		0.02 %
Ca	wt%		0.02 %
Al	Wppm		6
Cu	Wppm
Ni	Wppm
Zn	Wppm
Cl	wt%		0.008 %

OTC Markets Group Welcomes Cypress Development Corp. to OTCQX

Overview

Company Highlights

Key Projects

Hombre Muerto West Project

Greenbushes South Lithium Project

Management Team

Richard Homsany - Non-executive Chairman

Juan Pablo (‘JP’) Vargas de la Vega - Founder and Managing Director

Daniel Jimenez - Non-executive Director

Terry Gardiner - Non-executive Director

María Claudia Pohl Ibáñez - Non-executive Director

Graeme Fox - Chief Financial Officer

Latest News

Latest Press Releases

Related News

TOP STOCKS