Notice of Delisting from the American Stock Exchange (AMEX)



    CALGARY, Aug. 14 /CNW/ - Birch Mountain Resources Ltd. ("Birch Mountain"
or the "Company") (BMD: TSX and AMEX) received notice on August 12, 2008 from
the Staff of the American Stock Exchange LLC (the "AMEX" or "Exchange") that
the AMEX intends to strike the common stock of the Company from Exchange
listing by filing a delisting application with the U.S. Securities and
Exchange Commission pursuant to Section 1009(d) of the AMEX Company Guide.
Unless the Company elects to appeal the Staff determination by August 19,
2008, it will become final on that date. The Company does not intend to appeal
the Staff's determination, and it expects that its common stock will be
delisted from trading on the AMEX in the near future. The Company expects that
its common stock will continue to be listed on the Toronto Stock Exchange
(TSX).
    The Staff of the AMEX previously notified the Company on April 29, 2008
that the Company did not meet its standards for continued listing because, in
the opinion of the AMEX, the Company had sustained losses that are so
substantial in relation to its overall operations or its existing financial
condition, or its financial condition has become so impaired, that it appeared
questionable as to whether the Company would be able to continue its
operations and/or meet its obligations as they mature. The Company submitted
its plan, dated May 28, 2008 and supplemented July 7, 2008 for regaining
compliance with the listing standards by October 2009 (the "Plan"), and the
AMEX notified the Company of its acceptance of the Plan on July 16, 2008.
    The Staff of the AMEX stated that the basis for its determination to
delist the Company's common stock was based upon the following continued
listing deficiencies: (1) the failure of the Company to make timely payment of
a June 30, 2008 interest payment on its Convertible Unsecured Subordinate
Debentures, which payment was a milestone requirement of the Plan, and the
failure of the Company to provide information to the Staff concerning its
intention and ability to renegotiate the terms of the Debentures so that the
Staff does not believe that the Company can be reasonably expected to regain
compliance with Section 1002(a)(iv) of the AMEX Company Guide; (2) the failure
of the Company to make a public announcement by July 23, 2008 disclosing that
its listing was being continued pursuant to an extension provided for under
the Plan; and (3) the inconsistency between the Plan's requirements that the
Company sell equity to raise additional capital and the Company's announced
intention to seek an immediate sale of the Company, and that the proposed sale
of the Company does not represent an acceptable method to regain compliance
with the requirements of AMEX Company Guide Sections 1003(a)(i), 1003(a)(ii),
1003(a)(iii) and 1003(a)(iv).

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

Organization Profile

BIRCH MOUNTAIN RESOURCES LTD.

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