Cypress Hills Resource Corp. Cancels Non-Brokered Private Placement

May 20, 2026 5:23 PM EDT

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Cypress Hills Resource Corp.(TSXV: CHY.H)("Cypress Hills" or the "Company")announces that it will not be proceeding with the non-brokered private placement to raise aggregate gross proceeds of up to C$1,500,000 through the sale of units at a price of C$0.10 per Unit that was previously announced on April 24, 2026.

ABOUT CYPRESS HILLS RESOURCE CORP.

Cypress Hills is a Canadian company listed on the NEX tier of the TSX Venture Exchange. The Company currently has no commercial operations and seeks new business assets, or an operating entity for a reverse take-over or similar transaction. For more information, please review the Company's public filings on SEDAR+, accessible at www.sedarplus.ca.

For more information, please contact:

Brian E. Bayley, President and Chief Executive Officer
Cypress Hills Resource Corp.
T: +1 (604) 689-1428
E: [email protected]

Not for dissemination to the United States Newswire Services or dissemination in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298308



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