Brief: Cypress Development options lithium property in Nevada to Pure Energy Minerals
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
Source text for Eikon: urn:newsml:reuters.com:*:nGNXMZZZAa
Further company coverage: CYP.V
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