Corporate Presentation

1. Lithium Exploration Company Advancing Projects in Nevada
October 2017
7 Kilometer-Long Zone up to 3,800 ppm Lithium in a Highly Soluble Mudstone Discovered at Surface

2. Forward Looking Statements
Some of the statements in this document may be deemed to be "forward-looking statements". All
statements on in this document, other than statements of historical facts, that address events or
developments that management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance, and actual
results or developments may differ materially from those in the forward-looking statements. The
Company undertakes no obligation to update these forward-looking statements if management's
beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual
results to differ materially from those in forward-looking statements, include market prices,
exploration and development successes, continued availability of capital and financing, and general
economic, market or business conditions. Please see the public filings of the Company at
www.sedar.com for further information.
Qualified Person
Robert Marvin, BSc., P.Geo., Director and VP of Exploration for Cypress Development is the
Qualified Person as defined by National Instrument 43-101 and supervised both the project field
exploration and the preparation of the technical information in this presentation.

3. Cypress Capital Structure
 TSX Venture Exchange Symbol: CYP
 US OTC Pink Symbol:
 Frankfurt Exchange Symbol:
CYDVF
C1Z1
 Shares Issued & Outstanding: 35.5 million
 Fully Diluted Shares Outstanding: 48.2 million
 Market Capitalization: $4.6 million
 Year End: December 31st

4. Management
Donald C. Huston – Chairman, President
Don Huston serves as Chairman of the Board and as President of Cypress Development Corp. He has been
associated with the mineral exploration industry for over 30 years and has extensive experience as a financier
and in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red
Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral
exploration consultants in northern Ontario, Manitoba and Saskatchewan.
William Willoughby, PhD, PE, - Director, CEO
Bill Willoughby, PhD, PE serves as a Director and Chief Executive Officer for Cypress Development Corp. Dr.
Willoughby is a mining engineer with 38 years of experience in all aspects of natural resources development.
Since 2014, he has been principal and owner of consulting firm Willoughby & Associates, PLLC. Prior to that, he
was President and COO of International Enexco Ltd., which was acquired by Denison Mines in 2014. He
previously held various positions with Teck (Cominco). Dr. Willoughby has been a Professional Engineer since
1985 and received his Doctorate in Mining Engineering & Metallurgy from the University of Idaho in 1989.
Robert D. Marvin, BSc, P.Geo, - Director & VP of Exploration and QP
Bob Marvin, P.Geo., serves as a Director and VP of Exploration and Qualified Person for Cypress Development
Corp. He has been involved in mineral exploration and evaluation of lithium, gold, copper, zinc and uranium
deposits in Nevada and throughout the Americas as an employee and as an independent consultant. He
graduated from the University of New Mexico with a Bachelor of Science Degree in Geology in 1984.
James G. Pettit – Director, CFO
Jim Pettit serves as a Director and acting CFO of Cypress Development Corp. Mr. Pettit offers over 25 years of
experience within the industry specializing in finance, corporate governance, management and compliance. He
specializes in the early stage development of private as well as public companies. His background over the past
25 plus years has been focused primarily within the resource sector where he has managed and directed junior
resource companies through good times and bad. Jim was previously Chairman and CEO of Bayfield Ventures
Corp. which was bought by New Gold Inc. in January 2015.

5. Cypress Lithium Mudstone/Brine Projects in Nevada

6. Highlights of Cypress Lithium Projects in Nevada
 The discovered lithium mineralization at Cypress’ Dean and Glory Projects is ideally
located within a basin that hosts the only significant lithium production in the United
States.
 Cypress' Clayton Valley Projects are in close proximity to essential mining
infrastructure.
 Cypress Development believes this discovery has the scale to significantly impact the
future production of lithium in Clayton Valley, Nevada.
 Cypress also believes this new lithium source could well represent a long-term,
reliable supply of lithium given the location, known size, chemistry and geometry of
the discovery.
 The consistent nature of the currently known lithium mineralization at Cypress’ Dean
and Glory Projects is highly encouraging for both the potential size and potential
resource extraction methodologies.
 The data to date outlines an area seven kilometers-long at Cypress’ Dean and Glory
Projects which presents a strong starting point for planning a resource estimation.
 Additional drilling should allow the Company to contemplate a sizable maiden lithium
resource at Cypress’ Clayton Valley Project.

7. Lithium-Rich Mudstone at Dean & Glory Projects

8. Dean Project Mudstone Surface Sample Map
 Maximum value in Dean mudstone was
3,730 ppm lithium (1.98% Li2CO3
equivalent);
 8 Dean samples assayed greater than
2000 ppm lithium (>1.06% Li2CO3
equivalent);
 29 Dean samples assayed greater than
1000 ppm lithium (>0.53% Li2CO3
equivalent);
 A 3 kilometers-long zone of Lithium-rich
mudstone identified Dean Project.

9. 2017 Phase 1 Dean Exploratory Drill Program
 All lithium mineralized intercepts at Dean
start at near surface;
 Explored portions of Dean Property
averages greater than 1000 ppm lithium;
 Average lithium mineralized thickness is
greater than 65 meters;
 The thick, tabular zone of pervasive
lithium mineralization is considered to be
open in all directions;
 Drill data to date outlines a lithium
mineralized zone of 4 kilometers-long at
Dean;
 Lithium mineralization appears to thicken
and increase in grade towards the east.

10. 2017 Phase 1 Dean Exploratory Drill Program

11. Glory Project
Mudstone Sample
Map
 Maximum lithium in Mudstone at Glory
was 3,830 ppm lithium (2.04% Li2CO3
equivalent);
 Extended Glory corridor of high lithium to
3 kilometers-long;
 9 Glory samples contained more than
2,000 ppm lithium (>1.06% Li2CO3
equivalent);
 71 Glory samples contained more than
1,000 ppm lithium (>0.53% Li2CO3
equivalent); and
 Anomalous boron (B) and potassium (K)
trends that correlate with the high lithium
(Li) values.

12. Glory Project Surface Mudstone Results
 Glory sampling returned the highest reported assay result for lithium in sediments (3830 ppm Li)
known by the Company to be publicly reported in Clayton Valley, Nevada.
 Extensive sampling at Glory Project show a 3 kilometer-long zone of north-south strike of lithium-
rich outcropping mudstone that assay approximately 1,500 ppm Li (0.80% Li2CO3) on average.
 Results suggest a strong possibility of continuous mineralized volume of a highly leachable
lithium-rich mudstone at surface on the Cypress Glory Project in a position immediately southeast
of the Albemarle Silver Peak Mine.
 Permit in place to drill a number of holes targeted to provide initial subsurface data and assays
under the wide zone of strongly mineralized mudstone outcrops.
 This drilling should allow Cypress to begin to estimate size, lithium (Li) grade and tonnage in the
mudstone at the Company's Glory Project.

13. Glory Property Lithium Brine Potential
 Cypress has reviewed the seismic data in Pure Energy Minerals NI 43-101 Technical Report titled
"Inferred Resource Estimate for Lithium, Clayton Valley South Project", dated July 17, 2015.
 The Pure Energy seismic data appears to indicate favorable lithium brine targets along the western
and west central portions of Cypress' Glory Property.
 Future drilling at Cypress' Glory Project will include hole locations targeting potential lithium-rich brines
within the Main Ash Aquifer projected to underlie the west and west-central portions of Glory Project.
 The Main Ash Aquifer is the primary target of these holes. Cypress expects to intersect this zone at
150 to 300 meters below surface.
 Additional deeper targets will also be tested including the potential presence of a coarse gravel aquifer
near the base of the basin fill evaporite sequence.

14. Solubility Lab Testing on Glory & Dean Mudstone
 Solubility lab testing on 7 kilometers of mudstone samples from across Cypress' Glory and Dean
Properties have shown an impressive average of 35% Li recovery using a water leach and 95% Li
recovery using a dilute Aqua Regia leach process.
 The data shows that a readily soluble non-hectorite mineral form of lithium-rich mudstone exist at
surface covering an area 7 kilometers long across Cypress' Glory and Dean Clayton Valley Projects.
 The goal of this work is to substantiate the potential to produce lithium directly from the mineralized
mudstone with a low cost and environmentally friendly approach without the need for roasting or other
costly mining and complex treatments.
 Cypress is proceeding with additional leach studies with the Glory and Dean mudstone to determine
the amount of lithium extraction possible from the mudstone and to provide further data on the
feasibility of a large scale leach extraction method of lithium from the abundant mineralized mudstone.

15. Mudstone Water Leach & Synthetic Li Brine Study
 Dean water leach assays show strong extraction of lithium with very low extraction of magnesium
and calcium. The water and soluble element "synthetic brine" produced has very similar
chemistry to that of reported chemistry of production brines from the Clayton Valley Mine and to
brines reported by Pure Energy Minerals.
 Table below compares chemistry of the Dean "synthetic brine" produced to actual production and
resource brines in the Clayton Valley. Note that the lithium value for the water leach solution from
the Dean mudstone is more than double that of the Pure Energy brine and is four times that of
the Albemarle production brine.
Element Dean Mudstones CV-1 (@700 feet) Well 392
Lithium % 0.047 0.021 0.012
Magnesium % 0.140 0.047 0.031
Calcium % 0.110 0.084 0.039
Potassium % 0.290 0.366 0.220
Sodium % 2.90 4.14 2.50
Cypress Pure Energy Albemarle

16. Water Leach Synthetic Lithium Brine Conclusions
 It appears that a lithium bearing mineral solution, that is chemically similar to the production
and resource brines of the Clayton Valley, can be produced by the leaching of surface
mudstone in water.
 Comparison of ratios with other important elements also shows the Dean "Synthetic Brine"
compares favorably with basin production brines.
 The data provides further strong support for the idea that the production brines of the basin are
being continuously recharged by leaching of lithium and other elements from the uplifted and
exposed former lake basin sediments that outcrop in a wide belt along the east margin of the
Clayton Valley.
 This recharge mechanism strongly supports the importance of the outcropping and buried
mudstone as a very significant lithium source rock.
 Cypress’ chemistry work-up shows how rain water and underground aquifers would extract
lithium and sodium from the mineralized basin sediments at much higher rates than the
extraction of magnesium and calcium.
 Potential for existence of mineral brines under and immediately adjacent to the exposed belt of
lithium rich rocks is high as the water flow pathways for the recharge system are likely to be
vertical as well as horizontal.

17. Going Forward
 Cypress is proceeding with additional leach studies with the Dean and Gory core to determine
the amount of lithium extraction possible from the Dean and Glory mudstone.
 The goal of this work is to substantiate the potential to produce lithium directly from the highly
mineralized mudstone with a low cost and environmentally friendly approach without the need
for roasting or other costly mining and complex treatments.
 Additional drilling should allow Cypress to contemplate a sizable maiden lithium resource at the
Company’s Clayton Valley Projects.

18. Clayton Valley Location & Infrastructure
 Well maintained state highways connect Silver Peak to the main road network in Nevada.
 Nevada has fostered a thriving mining industry with associated development expertise,
construction and operations services and a mature regulatory environment.
 Single best mining jurisdiction in the U.S. and ranked 3rd globally by the respected “Fraser
Institute’s annual Survey of Mining Countries”.
 Graded and maintained gravel roads link Silver Peak to the southern half of Clayton Valley.
 Nearest rail system is in Hawthorne, Nevada, approximately 90 miles by road.
 Public use airport in Tonopah with two runways.
 Electrical connection is possible at the sub-station in Silver Peak.
 Water supply is currently served by the Silver Peak municipal water supply.

19. Lithium Timing
 The energy storage revolution is generating high demand for lithium, with analysts forecasting
demand increases for the product (Li) in the near future.
 Battery giants are scaling up lithium-ion production with mega-factories and are
actively acquiring the raw material through off take agreements.
 Companies already producing lithium are attempting to increase production.
 Rockwood Holdings was purchased by Albemarle Corporation (NYSE: ALB) in 2014 for $6.2
billion USD. This purchase included the Silver Peak Lithium Mine located in Clayton Valley,
Nevada.
 Tesla Motors is building a $5 billion battery gigafactory outside Reno, Nevada. A large amount
of the supply of lithium will have to come from Nevada production. Tesla received major state
tax incentives ($1.3 billion over the next 10 years for Tesla).
 Electric vehicles and energy storage has become a huge demand driver for the increased
production in Clayton Valley and for the exploration and discovery of more lithium deposits in
Nevada.

20. Lithium Uses
 The most important use of lithium is in rechargeable batteries for mobile phones, laptops,
digital cameras and electric vehicles. Lithium is also used in some non-rechargeable batteries
for things like heart pacemakers, toys and clocks.
 Lithium metal is made into alloys with aluminium and magnesium, improving their strength
and making them lighter. A magnesium-lithium alloy is used for armour plating. Aluminium-
lithium alloys are used in aircraft, bicycle frames and high-speed trains.
 Lithium oxide is used in special glasses and glass ceramics. Lithium chloride is one of the
most hygroscopic materials known, and is used in air conditioning and industrial drying
systems (as is lithium bromide). Lithium stearate is used as an all-purpose and high-
temperature lubricant. Lithium carbonate is used in drugs to treat manic depression, although
its action on the brain is still not fully understood. Lithium hydride is used as a means of
storing hydrogen for use as a fuel.

21. .Contact:
Don Huston – President
Don Myers – Director, Investor Relations
Suite 1610, 777 Dunsmuir Street
Vancouver, BC, V7Y 1K4, CANADA
Tel: (604) 687-3376
Fax: (604) 687-3119
info@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com