SilverBirch Inc.
TSX VENTURE : SVB

SilverBirch Inc.

January 18, 2006 20:21 ET

SilverBirch Inc. Announces $450,000 Non-Brokered Private Placement

TORONTO, ONTARIO--(CCNMatthews - Jan. 18, 2006) - SilverBirch Inc. (TSX VENTURE:SVB) (SilverBirch) intends to proceed with a non-brokered private placement for up to $450,000 gross proceeds through the sale of 1,500,000 common shares at $0.30 in the capital of the corporation. The common shares issued pursuant to the private placement will be subject to resale restrictions for a period of four months following the closing date, which is tentatively scheduled to be January 31, 2006. The offering is being made to accredited investors as defined in National Instrument 45-106 as applicable. The private placement is subject to the approval of the TSX Venture Exchange.

The net proceeds of the financing will be used for working capital purposes and to fund the ongoing launch of Mobiloke™ into different retail and partner channels on global basis.

About SilverBirch Inc.

Toronto-based SilverBirch, through its SilverBirch Studios subsidiary, is a publisher, distributor and developer of wireless entertainment applications including games, ringtones, images and other content. SilverBirch's application portfolio is comprised of both original and licensed intellectual properties and includes Mobiloke™, Mobile Poker Trainer, Su Do Ku, Animal Snap, Covert Solitaire, El Presidente, Free Cell Block, and others.

Forward-Looking Statements - Certain information set forth in this news release, including management's assessment of future plans, contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond management's control, including the impact of general economic conditions, industry conditions, and currency fluctuations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the content of this news release.

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