Canadian-under $3.00 Stock-Picking Challenge Message Board

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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Intrepid1 who wrote (3540)	9/10/2001 2:41:38 PM
From: Al Collard	Read Replies (1) of 11802

etc. news out from your pick CYP-v: Cypress negotiates non-brokered private placement Mon 10 Sept 2001 Mr. Donald Huston reports Cypress Development has negotiated a non-brokered private placement of 2.5 million units at 10 cents per unit, with each unit consisting of one common share and one share purchase warrant to purchase an additional common share at a price of 10 cents per share for a period of two years. The company intends to use the proceeds for both working capital and for its drill program for its Gunman claims located in White Pines, Nev. A finder's fee in the maximum amount allowable will be issued in cash and/or shares to individuals assisting in the placement of the units. The foregoing transactions are subject to regulatory approval.

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