Tyler Resources Board Files Directors' Circular, Recommends Shareholders Reject Mercator Minerals' Hostile Takeover Bid

CCNMatthews Newswire | November 23, 2007 | Copyright

CALGARY, ALBERTA--(Marketwire - Nov. 23, 2007) - Tyler Resources Inc. (TSX VENTURE:TYS) ("Tyler" or the "Company") announced today that the Tyler Board of Directors has filed a Directors' Circular with Canadian securities regulators recommending that Tyler Shareholders REJECT an unsolicited takeover bid from Mercator Minerals Ltd. ("Mercator") and NOT tender their shares to the Mercator Offer.

On November 9th, 2007, Mercator formally commenced an unsolicited offer to purchase all of the issued and outstanding common shares of Tyler on the basis of 0.113 of a Mercator common share for each ...

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