Deal snapshot: Cypress Development Acquires Enertopia Asset in Cash and Stock Transaction.

MANews-(C)2009-2022

Canada-based lithium company Cypress Development Corp. has completed its acquisition of Clayton Valley Lithium Claystone Project from Enertopia Corp. to continue the lithium-bearing units in Cypress' Clayton Valley Lithium Project, located Nevada, the company said.

The purchase consideration for the Enertopia Project comprised USD 1.1m in cash and the issuance of 3m common shares in...

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