Brief: Cypress Announces Pasinex Signs Option To Acquire 80% Of Gunman Project In Nevada
Dec 7 (Reuters) - Cypress Development Corp CYP.V :
* CYPRESS ANNOUNCES PASINEX SIGNS OPTION TO ACQUIRE 80%
OF GUNMAN
ZINC / SILVER PROJECT IN NEVADA
* CYPRESS DEVELOPMENT-OPTION AGREEMENT TOTAL CONSIDERATION
IS
STAGED OVER 4 YEARS & IS ABOUT $1.5 MILLION PAYABLE TOGETHER
WITH CASH & PASINEX COMMON SHARES
Source text for Eikon: urn:newsml:reuters.com:*:nGNXOJUSDa
Further company coverage: CYP.V
((Bangalore.newsroom@thomsonreuters.com;))
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