VANCOUVER, BC, Jan. 26,
2023 /CNW/ - 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.
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SOURCE Cypress Development Corp.
