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SBE Silverbirch Energy Corporation

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Share Name Share Symbol Market Type
Silverbirch Energy Corporation TSXV:SBE TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

SILVERBIRCH ENERGY CORPORATION ANNOUNCES $10 MILLION BANKING FACILITY

22/03/2011 9:47pm

PR Newswire (Canada)


Silverbirch Energy Corporation (TSXV:SBE)
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CALGARY, March 22 /CNW/ -- /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ CALGARY, March 22 /CNW/ - SilverBirch Energy Corporation (SBE: TSXV) ("SilverBirch" or the "Corporation") announces today that it has arranged a banking facility of $10 million with The Toronto-Dominion Bank and the Royal Bank of Canada. SilverBirch intends to use this funding as an operating line of credit, if required. About SilverBirch SilverBirch Energy Corporation is a pre-production oil sands company headquartered in Calgary, Alberta, Canada.  SilverBirch has a rich portfolio of mining and in situ oil sands properties, including 50% ownership of the Frontier and Equinox Projects.  To learn more, please visit www.silverbirchenergy.com. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/22/c5541.html p Howard J. Lutley, President and Chief Executive Officer, at 403-538-7030 /p

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