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Cours Or & Argent

Tyler Resources Inc

Publié le 05 février 2008

Jinchuan Bid Circular and Tyler Resources Directors' Circular Mailed in Respect of Cdn

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Mots clés associés :   Canada | Cobalt | Copper | G Mexico | Nickel | Precious Metals |

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Tyler Resources Inc.
TSX VENTURE:TYS
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February 5, 2008
Jinchuan Bid Circular and Tyler Resources Directors' Circular Mailed in Respect of Cdn.$1.60 Offer Per Share for Tyler Resources
CALGARY, ALBERTA--(Marketwire - Feb. 5, 2008) - Tyler Resources Inc. (TSX VENTURE:TYS) ("Tyler") and Canada Jinchuan Resources Ltd. (the "Offeror"), a wholly-owned subsidiary of Jinchuan Group Ltd. ("Jinchuan"), are pleased to announce that the Offeror's formal bid circular in respect of the offer to acquire the outstanding common shares of Tyler at a price of Cdn.$1.60 in cash per share has been mailed to Tyler's registered shareholders. Tyler has also mailed its directors' circular recommending that Tyler's shareholders accept the offer.

On January 6, 2008, Tyler and Jinchuan announced Jinchuan's intention to make a supported take-over bid for Tyler, valuing the total common share capital of Tyler at approximately Cdn.$214 million. The offer represents a 60% premium to Tyler's closing price on January 4, 2008, the last trading day prior to the date Jinchuan announced its intention to make the offer.

The offer is open for acceptance until 5:00 p.m. (Toronto time) on Tuesday, March 11, 2008, unless extended or withdrawn.

Full particulars of the offer are set out in the offer and circular filed by the Offeror and the directors' circular filed by Tyler. These documents are available on the Canadian Securities Administrators website at www.sedar.com and on the Tyler website at www.tylerresources.com.

About Jinchuan Group Ltd.

Jinchuan is a large integrated non-ferrous metallurgical and chemical engineering company engaged in mining, concentrating, metallurgy and chemical engineering. It produces nickel, copper, cobalt, rare and precious metals and also some chemical products. Jinchuan is the largest producer of cobalt, nickel and platinum group metals in China. Jinchuan is also the largest copper producer in northern China.

Jinchuan has an annual production capacity of 130,000 tonnes of nickel, 400,000 tonnes of copper, 8,000 tonnes of cobalt and 5,000 kilograms of platinum group metals.

About Tyler Resources Inc.

Tyler is a well-funded Canadian junior exploration company focused on base and precious metals exploration in Mexico. Tyler's primary project is the Bahuerachi property, which hosts Mexico's fourth largest mineralized porphyry deposit. As part of its ongoing drill program, the company has now drilled in excess of 52,000 meters of combined diamond and reverse circulation drilling since 2004, making it one of the most active Canadian junior exploration companies operating in Mexico. For more information, visit www.tylerresources.com.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Corporate Contacts
Tyler Resources Inc.
Jean Pierre Jutras, President/CEO/Director
(403) 269-6753 or Toll Free: 1-888-237-7898
Fax: (403) 266-2606
Website: www.tylerresources.com

or

Media Contacts
Longview Communications Inc.
Alan Bayless
(604) 694-6035

or

Media Contacts
Longview Communications Inc.
David Ryan
(604) 694-6031

or

Shareholder Information
Kingsdale Shareholder Services Inc.
Toll Free: 1-866-639-3460

INDUSTRY: Manufacturing and Production - Mining and Metals

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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Tyler Resources Inc

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CODE : TYS.V
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Tyler Resources est une société d’exploration minière basée au Canada.

Tyler Resources détient divers projets d'exploration au Canada et au Mexique.

Ses principaux projets en exploration sont CARAT PROPERTY, WEEDY LAKE, KELSEY (ICE CLAIMS) et KELSEY au Canada et BAHUERACHI au Mexique.

Tyler Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 179,4 millions CA$ (174,9 millions US$, 113,9 millions €).

La valeur de son action a atteint son plus bas niveau récent le 27 juin 2003 à 0,03 CA$, et son plus haut niveau récent le 28 janvier 2005 à 2,18 CA$.

Tyler Resources possède 113 513 378 actions en circulation.

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Présentations des Compagnies de Tyler Resources Inc
26/10/2007New Corporate Presentation and Field Update
Projets de Tyler Resources Inc
14/02/2008(Bahuerachi)Increases Land Position by 78%
07/02/2008(Bahuerachi)Reports Continued Stepout Drilling Results
29/11/2007Reports Stepout Drilling, Highlights Significant Additional ...
14/11/2007 Drills New High Grade Discovery in Mexico, Including Meters...
08/11/2007(Bahuerachi)2007 Technical report
02/08/2007REPORTS CONTINUING BAHUERACHI DRILL RESULTS
05/07/2007Samples 55 Meters Grading 8.8% Zinc, 0.25% Copper, 8.7 g/t S...
13/06/2007Drill results from its ongoing drill program at the Bahuerac...
23/05/2007More than Triples Measured and Indicated Copper Mineral Inve...
08/02/2007reports drill results at Bahuerachi
31/03/2006announces further porphyry intersects at Bahuerachi,…
24/02/2006Announces further porphyry intersects at Bahuerachi…
Communiqués de Presse de Tyler Resources Inc
05/02/2008Jinchuan Bid Circular and Tyler Resources Directors' Circula...
07/01/2008Acquire Tyler Resources for CDN$1.60 Per Share
15/12/2007Alberta Securities Commission Upholds Tyler Rights Plan
10/12/2007 Provides Update on Shareholder Rights Plan
06/12/2007 Mails Letter to Shareholders; Reiterates Recommendation to ...
12/11/2007 Board of Directors Unanimously Recommends Shareholders Reje...
09/11/2007ENGAGES FINANCIAL AND LEGAL ADVISORS
22/10/2007RECEIVES UNSOLICITED PROPOSAL
27/09/2007Preliminary Economic Assessment Bahuerachi Mexico
14/09/2007Requested Voluntary Termination of US Registration Under the...
18/04/2007reports drill results including 16.72m grading 1.65% copper
15/03/2007Completes Financing
27/02/2007Exercise of over-allotment options
07/06/2006secures 10 year surface rights agreement at Bahuerachi
01/06/2006announces retention of associated mining consultants for pre...
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