ELYSEE Grants 600,000 Incentive Stock Options

February 1st, 2016

February 1, 2016 - Elysee Development Corp. (TSXV: ELC) has agreed, subject to regulatory approval, to grant incentive stock options to directors and officers on up to 600,000 common shares at an exercise price of $0.20 per share for a period of up to two years from the date of grant.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Stuart Rogers
President & Chief Executive Officer
Elysee Development Corp.
Tel: (604) 689-1749

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.