Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to report it received a Biological Baseline Report for the Company’s Clayton Valley Lithium Project. The report was prepared by consultants, Stantec Consulting Services Inc. of Reno, Nevada, and documents biological surveys conducted during 2020. The work was conducted in the course of environmental due diligence studies at the Project. The data will aid in the design of a feasibility-level plan-of-operations (POO) for the Project in coordination with the National Environmental Policy Act process to support an Environmental Assessment or Environmental Impact Statement. The 183-page report includes a habitat evaluation for the approximately 5,500-acre survey area, baseline survey methodologies and biological findings including any species of concern.