TORONTO, March 11 /CNW/ - Canada Jinchuan Resources Ltd., a wholly-owned
subsidiary of Jinchuan Group Ltd., is pleased to announce that in excess of
90% of the common shares of Tyler Resources Inc. (TSX-V - TYS) have been
deposited to the take-over bid it made on February 1, 2008. Canada Jinchuan
Resources has taken up all validly deposited common shares. Payment will be
made on or about March 12, 2008 to Tyler shareholders who deposited their
Canada Jinchuan Resources intends to acquire all of the common shares of
Tyler that were not deposited under the offer pursuant to the compulsory
acquisition provisions of the Business Corporations Act (Alberta).
About Jinchuan Group Ltd.
Jinchuan, a state-controlled corporation existing under the laws of the
People's Republic of China, is a large integrated non-ferrous metallurgical
and chemical engineering company located in the city of Jinchang, in Gansu
Province, China and is 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.
For further information:
For further information: Tyler shareholders with questions or requests
should contact Computershare Investor Services Inc.: Toll Free:
1-800-564-6253, Email: email@example.com