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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (9636)	12/11/2014 8:18:42 AM
From: Goose94	Read Replies (3) \| Respond to of 202925

Cypress Development (CYP-V) Dec 11, '14 announces that it intends to effect a consolidation of its common shares on the basis of one new common share for every ten old common shares outstanding. The name of the Company will not change and the trading symbol will remain the same.Management and the Board of Directors believe that the share consolidation is in the best interest of the Company and its shareholders. Management believes that the share consolidation will allow Cypress important flexibility in order for the Company to complete future financings and further advance its flagship Gunman zinc-silver project in Nevada. The Company currently has 150,281,782 common shares outstanding and, following the share consolidation on a ten to one basis, will have 15,028,178 common shares outstanding. No fractional common shares will be issued and no cash will be paid in lieu of fractional post-consolidation common shares but the number of common shares to be received by a shareholder will be rounded down to the nearest whole common share. The share consolidation is subject to approval by the TSX Venture Exchange. To find out more about Cypress Development Corp. (TSX VENTURE:CYP), visit our website at www.cypressdevelopmentcorp.com. ON BEHALF OF THE BOARD OF DIRECTORS DONALD C. HUSTON, President