Cypress Hills Resource Corp. announced a non-brokered private placement of up to 15,000,000 shares at a price of CAD 0.09 per share for gross proceeds of up to CAD 1,350,000 On April 17, 2023. The transaction is subject to approval from stock exchange.

The securities issued pursuant to the the transaction will be subject to a four month hold period from the date of issuance. The company may pay a finder's fee in connection with the transaction to eligible finders in accordance with the policies of the TSX Venture Exchange and applicable securities laws consisting of a cash commission of up to 5% of the gross proceeds.