A. Murray Sinclair

July 07, 2011 18:33 ET

A. Murray Sinclair: Early Warning Report

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2011) - A. Murray Sinclair ("Sinclair") acquired ownership of an aggregate of 210,000 common shares, as to 85,000 shares on May 11, 2011 and 125,000 shares on July 6, 2011 (the "Shares") of Sypher Resources Ltd. ("Sypher") (CNSX:SYP) through the facilities of the CNSX.

After giving effect to the purchase of the Shares, Sinclair has beneficial ownership, direction or control over an aggregate of 1,360,000 common shares of Sypher, representing approximately 19.43% of the current issued and outstanding shares of Sypher.

Sinclair acquired the Shares for investment purposes and may, in the future, acquire ownership of, or control or direction over, additional securities of Sypher, but has no present intention to do so.

A copy of the early warning report in respect of these acquisitions has been filed with the applicable securities commissions and can be found at www.sedar.com.

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