Vancouver, British Columbia--(Newsfile Corp. - October 3, 2018) - Elysee Development Corp. (TSXV:
ELC) is pleased to announce that it has increased the size of its previously announced brokered private placement to
4,868,139 common shares at a price of $0.35 for total proceeds of $1,703,848.65. There were no warrants issued in conjunction with
this placement and no finders' fees were paid. All of the shares are subject to a four-month hold period expiring on January 29,
2019.
For more information on Elysee, please visit our website at www.elyseedevelopment.com.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Stuart Rogers
President
Elysee Development Corp.
Tel: (778) 373-1562
Guido Cloetens
Chairman and CEO
info@elyseedevelopment.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the Policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking
statements that are subject to a number of risks and uncertainties. Actual results may differ materially from results
contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking
statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself
or on its behalf, except as required by applicable law.
