Silverbirch Energy Corporation (TSXV:SBE)
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LARKSPUR, CA, July 8, 2011 /CNW/ --
LARKSPUR, CA, July 8, 2011 /CNW/ - Kevin Douglas of 125 E. Sir Francis
Drake Blvd., Suite 400, Larkspur, California, 94939, has announced
today that he acquired, through and on behalf of K&M Douglas Trust,
Douglas Family Trust, James E. Douglas III, and Douglas Irrevocable
Descendants Trust, 449,000 common shares of SilverBirch Energy
Corporation ("SBE"), bringing the total holdings in SBE to 5,006,700
common shares or approximately 10.01% of the total common shares
outstanding. The shares were purchased on the Toronto Stock Exchange at
the price of USD $7.89 per share, being Cdn. $7.56 per share (using the
Bank of Canada closing rate for July 7, 2011). The shares were acquired
in the ordinary course of the entities' investment activities. Kevin
Douglas, through and on behalf of the four entities, may purchase or
sell securities of SBE in the future on the open market or in private
transactions, depending on market conditions and other factors material
to their investment decisions.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/08/c4355.html
p Tim McGaw at (415) 526-2202 or a href="mailto:tmcgaw@dougtel.com"tmcgaw@dougtel.com/a /p