CHY - Cypress Hills Resource Corp. Cancels $1.35 Million Non-Brokered Private Placement Financing

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2023) - Cypress Hills Resource Corp. (TSXV: CHY) (the "Company") announces that, due to current market conditions, it will not be proceeding with the non-brokered private placement of up to 15,000,000 shares of the Company at a price of $0.09 per share unit for a total of $1.35 million that was previously announced on April 17, 2023.

For further information please contact:

Richard A. Graham, P. Geol
President and Chief Executive Officer
Tel. (604) 689-1428

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