SilverBirch Energy Corporation announces closing of arrangement transaction

    




 /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE  UNITED STATES./  

 TSX V Trading Symbol: SBE 

 CALGARY, April 4, 2012 /CNW/ - SilverBirch Energy Corporation ("SilverBirch") is pleased to announce  the successful completion of the previously announced plan of  arrangement pursuant to which 8071667 Canada Inc., a wholly owned  subsidiary of Teck Resources Limited, acquired all of SilverBirch's  outstanding common shares (the "SilverBirch Shares"). The former  shareholders of SilverBirch will ultimately receive, for each  SilverBirch Share held, cash consideration of $8.50 per share and one  common share of SilverWillow Energy Corporation. 

 With the completion of the plan of arrangement, the SilverBirch Shares  are expected to cease to be listed for trading on the TSX Venture  Exchange on or about the close of business on April 4, 2012.  SilverBirch will apply to cease to be a reporting issuer under the  securities laws of each of the provinces of Canada in which it is  currently a reporting issuer. 

 For shareholders who held their SilverBirch Shares through a broker, the  payment of the arrangement consideration will be processed through  their broker. For shareholders who held their SilverBirch Shares in  registered form, the payment of the arrangement consideration will be  processed after they deposit their share certificates, along with a  duly completed Letter of Transmittal, with Equity Financial Trust  Company, the depositary for the transaction, in accordance with the  instructions in the Letter of Transmittal. Any questions regarding  payment of the arrangement consideration, including any request for  another form of Letter of Transmittal, should be directed to your  broker, if applicable, or the depositary via telephone at  1 [phone] (toll free in North America) or [phone] or via  e-mail at [e-mail]. 

 Details of the plan of arrangement were contained in the management  information circular of SilverBirch dated February 28, 2012, which can  be found at www.sedar.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. 

SilverBirch Energy Corporation


CONTACT:  www.silverbirchenergy.com 


    

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