VANCOUVER, BCFeb. 4, 2022 /CNW/ - Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1) ("Cypress" or "the Company") is pleased to announce that it has closed its previously announced upsized bought deal offering (the "Offering") with PI Financial Corp. as the sole underwriter and bookrunner (the "Underwriter").