Brief: Cypress Development options lithium property in Nevada to Pure Energy Minerals

Century Lithium

24/08/2016 12:30

Aug 24 (Reuters) - Cypress Development Corp: 
    * Cypress options 1,520-acre lithium property in Clayton 
Valley, Nevada to Pure Energy Minerals 
    * Parties shall enter into a joint venture agreement for 
further exploration of property, and Pure Energy shall serve as 
operator 
    * New option agreement grants Pure Energy Minerals right to 
acquire up to 70% undivided interest in 1,520-acre package 
 
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Further company coverage:  CYP.V  
 
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