Vancouver - Elysee Development Corp. (TSX.V: ELC) has agreed, subject to regulatory approval, to grant incentive stock options to directors, officers and consultants on 600,000 common shares at an exercise price of $0.42 per share for a period of up to five years from the date of grant.

About Elysee Development Corp.

Elysee Development Corp is a diversified investment and venture capital firm with a focus on the natural resource sector.

Contact:

Stuart Rogers

Tel: (778) 239-3775

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.

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