SilverBirch loses external funding

About this update from Silver Bull Resources, Inc.

[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 27 /CNW/ - SilverBirch Inc. (TSX-V: SVB) today announced\nthat due to the recent uncertainties in the capital markets and the senior\nsecured lender collecting on its security, there is no funding in place for\nthe Company to operate and meet its on-going financial obligations. In\naddition, the Company has received a default and termination notice from G4Box\nInc., its co-publisher, which terminates the licence agreements relating to\nthe two on-line multiplayer games being operated and developed.\n\n\nAs a result of these events, all of the Company's 4 directors have\nresigned effective November 27, 2008.\n\n\nCautionary Notes:\n\nThe TSX Venture Exchange has in no way passed upon the merits of the\nproposed transaction and has neither approved nor disapproved the\ncontents of this news release. The TSX Venture Exchange does not accept\nresponsibility for the adequacy or accuracy of the content of this news\nrelease.\n\n\n%SEDAR: 00020946E\n\n\n","length":1057,"tagName":"div"}]

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