VANCOUVER, British Columbia, Dec. 23, 2016 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V:CYP) (OTCBB:CYDVF) (Frankfurt:C1Z1) ("Cypress" or the "Company") announces, further to its news releases of Dec. 02nd & Dec. 12th, that the Company has closed its private placement financing and has issued 4,300,000 Units at a subscription price of $0.10
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