From the May 29, 2016 ReportThe management changes and halt may have something to do with the following:
"The Joint Venture, which has a term of twenty-years, will be carried out through a private Mexican corporation JV CYPV AL Mining SAPI de CV , ("CYPV AL"). Cyprium acquired its 53% interest in CYPVAL in return for a US$2.5 million financial commitment to be completed by December 31, 2016. The financial commitment will consist of a US$1.9 million equity investment in CYPVAL and a three- year, 12% loan to CYPVAL in the amount of US$600,000. In consideration for the loan, Cyprium will be entitled to a 0.75% ten year royalty on sales of concentrates from CYPVAL. If Cyprium fails to invest the US$1.9 million by December 31, 2016, Cyprium's percentage ownership in CYPVAL will be reduced proportionally. Cyprium will exercise operational and financial control of the Joint Venture. As part of its commitment to the Joint Venture, Cyprium has also issued 1,000,000 common shares of Cyprium (the "Common Shares") with a deemed value of $0.14 per share and 100,000 share purchase warrants exercisable to purchase Common Shares at a price of $0.17 per share for five years.
CYPVAL also has entered into a renewable multi-year commercial agreement pursuant to which Trafigura Mexico SA de CV ("Trafigura") has agreed to purchase concentrates from the Potosi silver mine in accordance with the terms contained in the said commercial agreement."
Would be nice to have some news...