SBE Silverbirch Energy Corporation

CALGARY, March 10 /CNW/ -- /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ CALGARY, March 10 /CNW/ - SilverBirch Energy Corporation ("SilverBirch") (TSXV:SBE) announces that pursuant to the provisions of its stock option plan, it granted an aggregate of 802,149 options to directors, officers and employees on March 8, 2011.  The options have an exercise price of $8.89 per share.  The options granted vest as to one third on the first anniversary of the date of grant, one third on the secondary anniversary of the date of grant and the balance on the third anniversary of the date of grant.  The options expire on March 7, 2018.  All stock option grants of SilverBirch are subject to receipt of the necessary regulatory approvals. 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/March2011/10/c9763.html pHoward J. Lutley, President and Chief Executive Officer, at 403-538-7030./p

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