Cypress Development Corp


Primary ticker: TSXV:CYP, OTCQX:CYDVF
Stage of development: Development
Primary minerals: Lithium
Project to promote: Clayton Valley Lithium Project, Nevada
Project location: USA

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

Cash: CAD$43M
Debt: NIL

Major shareholders:
Bill Willoughby – 2%
Donald Meyers – 1%
Numan Investments – 1%
Isatis Investment Global Natural Resource Fund – 1%
Fuchs & Associes Finance S.A. – 1%
Management Ownership – 5%

Management Profile

William Willoughby – President, Chief Executive Officer & Director
Dr. Willoughby is a mining engineer with 38 years of experience in all aspects of natural resources development. Since 2014, he has been principal and owner of consulting firm Willoughby & Associates, PLLC. Prior to that, he was President and COO of International Enexco Ltd., which was acquired by Denison Mines in 2014. He previously held various positions with Teck (Cominco). Dr. Willoughby has been a Professional Engineer since 1985 and received his Doctorate in Mining Engineering & Metallurgy from the University of Idaho in 1989.


Spiros Cacos – Vice President, Investor Relations
Mr. Cacos has over 20 years of investor relations experience working with public mining companies, ranging from early-stage exploration and development to production. Most recently, Mr. Cacos served as Vice President, Investor Relations for First Mining Gold, a Canadian gold development company listed on the TSX and OTCQX, focused on the development and permitting of the Springpole Gold Project, one of the largest undeveloped gold projects in Canada. His prior roles include serving as Vice President, Investor Relations for Group Eleven Resources Corp., a mineral exploration company focused on advanced stage zinc exploration in Ireland, and as Director of Investor Relations for Great Panther Mining Limited (formerly Great Panther Silver Limited), a primary silver mining company listed on the TSX and the NYSE with two mining operations in Mexico. Mr. Cacos holds a Master’s degree in International Relations and Diplomacy, from the Schiller International University in Paris, France, and a Bachelor of Arts Degree from Simon Fraser University in British Columbia, Canada.

What is your rationale for taking part in 121 Mining Investment?

Looking to increase Institutional holdings and overall awareness

What recent news would you like to highlight to investors attending?

1) September – Confirms Production of Battery Grade Lithium Carbonate (99.94% Purity)
2) August – Announced Drill Results from Clayton Valley Lithium Project, Nevada
3) June Announces Positive Direct Lithium Extraction Results (99.5%)

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Complete Feasibility Study Q1

6 Months: 
Produce lithium carbonate on site

12 Months:
Finalize permitting to make production decision

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Permitting. Even though we are in Nevada, permitting is always a risk.

What do you think makes your company such a compelling investment?

• It is an advanced stage project (Feasibility Stage)
• Strategically located (Nevada), Next To Albemarle’s Silver Peak Brine Operation
• Fully funded to production decision ($43M)
• 40+ year life of mine
• Low-Cost Processing
• Produced battery grade lithium carbonate (99.95% Purity)

What are the top 3 key investor takeaways?

The Company holds the the right commodity, in the right market, within the right jurisdiction