Birch Mountain moves to recapitalize Balance Sheet



    CALGARY, Oct. 3 /CNW/ - Birch Mountain Resources Ltd., ("Birch Mountain"
or the "Company"; BMD: TSX), announces that it has been unable to conclude a
sale agreement or an equity financing in excess of $10 million as of today's
date. Further relevant information is available in the news release of August
27, 2008.
    The Company and its financial advisor, RBC Capital Markets, are working
with its stakeholders to recapitalize the balance sheet to improve liquidity
and continue implementing the business plan.

    Forward Looking Statements: This news release contains certain
forward-looking statements. All statements, other than statements of
historical fact, included herein, including without limitation, statements
regarding resources and reserves, exploration and development plans and
results, anticipated capital expenditures and financing thereof, anticipated
outcomes and timing of regulatory applications and approvals and the future
plans and objectives of Birch Mountain are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Certain
amounts in the financial statements are based on estimates using the best
currently available information and assumptions of management. Important
factors that could cause actual results to differ materially from Birch
Mountain's expectations are disclosed elsewhere in documents that are
available to the public at www.sedar.com and www.sec.gov.

    %SEDAR: 00003909E




For further information:

For further information: Birch Mountain, Tel. (403) 262-1838, Fax (403)
263-9888; Steve Chizzik, Equity Communication, Tel. (908) 688-9111; Website:
www.birchmountain.com

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BIRCH MOUNTAIN RESOURCES LTD.

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