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Cypress Development Corp: Cypress Development Enters LOI for the Purchase of Water Rights in Clayton Valley, Nevada


Cypress Development Corp: Cypress Development Enters LOI for the Purchase of Water Rights in Clayton Valley, Nevada
Cypress Development Corp. (
Frankfurt:
C1Z1) ( Cypress or the Company ) is pleased to announce that it has entered into a Letter Of Intent ( LOI ) with Intor Resources Corp. ( Intor ), a wholly owned subsidiary of Nevada Sunrise Gold Corp. ( Nevada Sunrise ), for the purchase of Intor s water rights in Clayton Valley, Nevada (the Transaction ). The Transaction is subject to the terms of the LOI and is a major milestone towards the fulfillment of the water supply requirements of Cypress Clayton Valley Lithium Project.
Terms of the LOI ....

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