ELYSEE grants 650,000 incentive Stock Options; appoints Guido Cloetens as CEO

February 27th, 2018

February 27, 2018 - Elysee Development Corp. (TSX.V: ELC) has agreed, subject to regulatory approval, to grant incentive stock options to directors and officers on up to 650,000 common shares at an exercise price of $0.33 per share for a period of up to three years from the date of grant.

The Company is also pleased to announce the appointment of Guido Cloetens as Chief Executive Officer. Mr. Cloetens is a Certified Investment Advisor (EHSAL Management School, Brussels) with a degree in Corporate Finance, Investment and financial statement analysis (ULB). With 30 years of experience in wealth management and institutional investing, Mr. Cloetens appointment as Chief Executive Officer will provide Elysee with a greater presence in the financial community in Europe as well as North America.

About Elysee Development Corp.

Elysee Development Corp (TSX.V: ELC) is a diversified investment and venture capital firm with a focus on the natural resource sector. For more information, please visit our web site at www.elyseedevelopment.com.


Stuart Rogers
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.

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.