Cypress Hills Resource Corp. (the "Company") (TSX VENTURE:CHY) is pleased to
announce that the Company has received TSX Venture Exchange (the "Exchange")
approval for the consolidation of its outstanding common shares on the basis of
one (1) post-consolidated common share for every three (3) pre-consolidated
common shares held (the "Consolidation"). Furthermore, the Company has now filed
articles of amendment effecting the Consolidation.


Effective as at the opening of trading on January 13, 2014, the consolidated
common shares of the Company will commence trading on the Exchange. The new
CUSIP number for the Company's post-consolidated common shares is 232792309 and
the new ISIN number is CA 2327923090. 


A letter of transmittal with respect to the Consolidation has been mailed to
registered shareholders of the Company. All registered shareholders with
physical certificates will be required to send their respective certificates
representing pre-consolidated common shares along with a completed letter of
transmittal to the Company's transfer agent, Computershare Investor Services
Inc. ("Computershare"), in accordance with the instructions provided in the
letter of transmittal. Additional copies of the letter of transmittal can be
obtained through Computershare (Corporate Actions 1-800-564-6253). All
shareholders who submit a duly completed letter of transmittal along with their
respective pre-consolidated common share certificate(s) to Computershare, will
receive a post-consolidated share certificate. 


Fractional post-consolidation common shares will not be issued to shareholders.
Where the Consolidation would otherwise result in a shareholder being entitled
to a fractional common share, the number of post-consolidation common shares
issued to such shareholder shall be rounded up to the next greater whole number
of common shares if the fractional entitlement is equal to or greater than 0.5
and shall be rounded down to the next lesser whole number of common shares if
the fractional entitlement is less than 0.5. In calculating such fractional
interests, all common shares held by a beneficial holder shall be aggregated.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cypress Hills Resource Corp.
Ted J. Fostey
President & CEO
(403) 265-7663

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