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Vancouver, BC - Cypress Development Corp. (TSX-V: CYP) (OTCBB: CYDVF) (Frankfurt: C1Z1) ("Cypress" or the "Company") announces that effective June 30th, 2016, 98 Corporate Group Resources Ltd., a privately owned company, will no longer be providing administrative services to Cypress Development Corp.

Cypress would like to thank the principals of 98 Corporate Group Resources Ltd. for its long standing association with the Company.

About Cypress Development Corp.:

Cypress Development Corp. is a publicly traded lithium and zinc-silver exploration company developing projects in Nevada, U.S.A.

Cypress Development Corp. has approx. 24.7 million shares issued and outstanding.

To find out more about Cypress Development Corp. (TSX-V: CYP), visit our website at www.cypressdevelopmentcorp.com.

CYPRESS DEVELOPMENT CORP.

"Don Huston"

DONALD C. HUSTON
President

For further information contact myself or:
Don Myers
Director
Cypress Development Corp.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@cypressdevelopmentcorp.com
 

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