Cypress Hills Resource Corp. Cancels Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Cypress Hills Resource Corp. (TSXV: CHY.H) ("Cypress Hills" or the "Company") announces that it will not be proceeding with the non-brokered private placement to raise aggregate gross proceeds of up to C$1,500,000 through the sale of units at a price of C$0.10 per Unit that was previously announced on April 24, 2026. ABOUT CYPRESS HILLS RESOURCE CORP. Cypress Hills is a Canadian company listed on the NEX tier of the TSX Venture Exchange. The Company currently has no commercial operations and seeks new business assets, or an operating entity for a reverse take-over or similar transaction. For more information, please review the Company's public filings on SEDAR+, accessible at www.sedarplus.ca. For more information, please contact: Brian E. Bayley, President and Chief Executive Officer Cypress Hills Resource Corp. T: +1 (604) 689-1428 E: [email protected] Not for dissemination to the United States Newswire Services or dissemination in the United States. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298308