January 08, 2007 14:26 ET

Tyler Resources Inc. Achieves Tier 1 Status on TSX Venture Exchange

CALGARY, ALBERTA--(CCNMatthews - Jan. 8, 2007) - Tyler Resources Inc. (TSX VENTURE:TYS) is pleased to announce that effective today, January 8th, it has met all the requirements and graduated to Tier 1 status on the TSX Venture Exchange. This increased status should allow more flexibility for Tyler to raise its profile within the investment community, as well as ease Exchange procedures and facilitate further transaction approvals.

The advancement of Tyler to TSX Venture Tier 1 is another corporate step reflecting the growth of the Company's key Bahuerachi asset, and its focus on expanding its current market as it takes the Bahuerachi Deposit through its initial scoping study. In the field, continued exploration will aim to both grow the main deposit itself as well as identify new areas of interest on its Bahuerachi Project, Chihuahua, Mexico.

Tyler Resources will be attending the Cambridge House Investment show in Vancouver, January 21-22, and can be found in the exhibitor's hall at booth #1309.

A new Bahuerachi project update page can also be found on the Company's website at www.tylerresources.com/projects_mexico.php.

About Tyler

Tyler Resources is a 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 known mineralized porphyry system. The Company is now in the advanced stage of a 35,000 meter combined diamond and reverse circulation drilling program extending into 2007, making it one of the most active Canadian junior exploration companies operating in Mexico.

Jean Pierre Jutras, President/CEO/Director

Cautionary language: Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Tyler's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Tyler. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Tyler's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Tyler's filings with the Canadian securities authorities. Accordingly, holders of Tyler shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Tyler disclaims any responsibility to update these forward-looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

Contact Information

  • Tyler Resources Inc.
    Jean Pierre Jutras
    (403) 269-6753
    (403) 266-2606 (FAX)
    Website: www.tylerresources.com