/EINPresswire.com/ -- VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/30/16 -- Cypress Development Corp. (TSX VENTURE: 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 VENTURE: CYP), visit our website at www.cypressdevelopmentcorp.com.

CYPRESS DEVELOPMENT CORP.

Don Huston

President

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

Contacts:
Cypress Development Corp.
Don Myers
Director
Telephone: 604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
info@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com