Cypress Hills Resource Corp. closed its previously announced non-brokered private placement of 5,000,000 common shares in the capital of the Company , at a purchase price of $0.05 each for gross proceeds of $250,000 . The proceeds of the Private Placement will be used for general corporate and working capital purposes. In connection with closing of the Private Placement, 800,000 Common Shares were issued to an Insider of [...]
Cypress Hills Resource Corp. reports that it has increased its previously announced non-brokered private placement from C$50,000 to C$250,000 total gross proceeds. The Increased Private Placement will consist of up to 5,000,000 shares at a price of C$0.05 per share. Proceeds of the Private Placement will be used for general corporate and working capital purposes. Closing of the Increased Private Placement is subject to [...]
Cypress Hills Resource Corp. is pleased to announce a non-brokered private placement for total gross proceeds of up to C$50,000. The Private Placement will consist of up to 1,000,000 shares at a price of C$0.05 per share. Proceeds of the Private Placement will be used for general corporate and working capital purposes. The Company also intends to settle outstanding debt in the amount of $15,750 by the issuance of 315,000 [...]
Cypress Hills Resource Corp. , announces that it has been advised by the TSX Venture Exchange that its listing will be transferred to the NEX Board of the Exchange effective as of the opening of trading on March 26, 2024. The transfer to NEX is being made as a result of the Company not meeting the Activity criteria of Exchange Policy 2.5 Tier 2 continued listing requirements . NEX is a separate trading board of the [...]
Cypress Hills Resource Corp. announces that, due to current market conditions, it will not be proceeding with the non-brokered private placement of up to 15,000,000 shares of the Company at a price of $0.09 per share unit for a total of $1.35 million that was previously announced on April 17, 2023. For further information please contact: Richard A. Graham, P. Geol President and Chief Executive Officer Tel. 689-1428 [...]
Cypress Hills Resource Corp. announces that further to its press release of April 17, 2023, the non-brokered private placement of up to 15,000,000 shares at a price of C$0.09 per share remains ongoing and, subject to TSX Venture Exchange approval, is expected to close at the end of June 2023. Proceeds of the Private Placement will be used for additional project acquisitions and for general corporate and working capital [...]
Cypress Hills Resource Corp. is pleased to announce that it has arranged a non-brokered private placement for total gross proceeds of up to C$1,350,000. The Private Placement will consist of up to 15,000,000 shares at a price of C$0.09 per share. Proceeds of the Private Placement will be used for additional project acquisitions and for general corporate and working capital purposes. The Company may pay a finder's fee in [...]
Cypress Hills Resource Corp. reports that it has entered into an amendment to the previously announced property option agreement with Strategic Metals Ltd. dated November 20, 2021 to extend the terms of the Option Agreement by 12 months for the payment of $10,000 to Strategic Metals Ltd. For further information on the contents of this news release or the activities of Cypress please contact: Richard A. Graham, P. Geol [...]
Cypress Hills Resource Corp. is pleased to announce that it has obtained final acceptance of the TSX Venture Exchange in respect of its application for reactivation and graduation to the TSXV as a Tier 2 mining issuer . Effective February 3, 2021, trading in the Corporation's common shares will take place on the TSXV under the trading symbol "CHY". The Corporation's application for reactivation and graduation was based on [...]
Cypress Hills Resource Corp. is pleased to announce that it has entered into a property option agreement, dated November 20, 2020 with Strategic Metals Ltd. and Archer, Cathro & Associates Limited pursuant to which the Corporation will acquire the right to earn up to an undivided eighty interest in 267 quartz mining claims, located in the Whitehorse Mining District, Yukon Territory owned by Strategic . Under the terms of [...]
Ted J. Fostey announced today that he has acquired an aggregate of 309,125 common shares of Cypress Hills Resource Corp. at a price of $0.07 per share for an aggregate purchase price of $21,638.75 . Fostey acquired the securities pursuant to the closing of a private placement of 10,000,000 common share of the Corporation at a purchase price of $0.07 per share for gross proceeds of $700,000 . Prior to the Acquisition [...]
Cypress Hills Resource Corp. is pleased to announce that it closed its previously announced non-brokered private placement of 10,000,000 common shares in the capital of the Corporation at a purchase price of $0.07 per Common Share for gross proceeds of $700,000 . The gross proceeds of the Offering will be used for asset evaluations, debt repayment and general working capital. No commission, finder's fee or similar [...]