Berkwood Commences New drill program on Zone 2 at Lac Gueret South Graphite Project

November 22nd, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has commenced drilling on the Zone 2 geophysical prospect at the Company’s 100% owned Lac Gueret South Project. The Zone 2 target is an extensive (greater than 2 km strike length) conductive system that displays a number of geophysical similarities with the Zone 1 prospect that is located approximately 3.5 km SSE of Zone 2, where the company discovered extensive graphite mineralization earlier this year. The Zone 1 drill program featured intersections of graphite in each of the 13 holes drilled. The initial metallurgical assessment is in progress.

The fall drill program at Zone 2 is located adjacent to the Berkwood / Mason Claim boundary, and has not previously been drill tested. The Company intends to assess whether Zone 2 has the potential to host commercial graphite, and will consider the results of this fall program in developing its drilling and metallurgical test work priorities.

Tom Yingling, President and CEO states, “I am pleased we have embarked upon our second drill program. Having had success in every one of the 13 holes drilled to date on Zone 1 is very exciting. We are still awaiting assay results on these holes, and we expect to release these within a few weeks. The drill rig is established on Zone 2. The geophysics on Zone 2 is comparable with that of Zone 1, which we now know includes graphite (although other conductive and magnetic phases, such as pyrrhotite, were also intersected in drilling). The location of the Zone 2 prospect along the Berkwood Mason property boundary is also compelling. Drilling a second, entirely distinct target provides Berkwood shareholders two potential opportunities for success as the Company will seek to prioritize the most compelling prospect for ongoing assessment of potential for development. Our fall drill program is fully financed, and the field project is managed by the same team that discovered Berkwood’s Zone 1 discovery and the Mason Graphite deposit. I am thrilled with our shareholder and financing support, and with our capital structure – we still only have approx. 32.5 million shares outstanding.”

The Company has completed road access and trails for the initial group of targets at Zone 2, and drill pads have been prepared for the initial suite of targeted PhiSpy conductive anomalies, located in the Zone 2 area. The Company anticipates completing up to 18 inclined drill holes (of between 60m and 120m in length) in this initial phase of work on Zone 2.

Lac Gueret South Zone 1

During the recently completed 13-hole drill program on Zone 1 the Company is pleased to announce intersecting visual Graphite in every hole drilled to date. (See news release dated October 17th, 2017.) Success in this drill program confirms that a significant component of the distinct electromagnetic conductors that occur over a two (2) kilometer length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015) include graphite.

Lac Gueret South Zone 2

Zone 2 is located approximately 3.5 kilometres NNW of Zone 1 and is contiguous with the southern limit of the Mason Graphite claim boundary: the anomaly presents as possibly occurring along strike from graphitic horizons defined by Mason Graphite. A total of two airborne VLF-EM and 15 PhiSpy ground geophysical anomalies indicate the occurrence of two parallel east-west trending conductors. The larger conductor extends over two kilometer in length and up to 60 meters in width. These Zone 2 anomalies were identified by the same airborne and ground surveys as the Zone 1 anomaly: Zone 1 is now drill-tested to include significant graphite mineral development.

To view a virtual reality video of the spring Zone 1 drill program visit our home page at: http://www.berkwoodresources.com.

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and has approved the technical information in this news release. He has worked extensively on the Lac Gueret Property, now owned by Mason, and neighbouring graphite properties since 2000. The Cgr analyses are carried out and certified by MS Analytical Inc. of Langley, British Columbia using a LECO furnace and an infrared detector.

Lac Gueret South Property, Quebec

Lac Gueret South is located in Côte Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project lies directly south of Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project. Mason is developing one of the largest high grade graphite deposits in the world.

In 2014, Berkwood conducted an electromagnetic (“EM”) airborne geophysical survey over its South Lac Gueret Property and successfully identified several anomalous zones of high conductivity. Several of these anomalies were downgraded as they are considered too small or too deep to represent economic graphite deposits. However, the Zone 1 and Zone 2 anomalies are of significantly larger size and were considered high priority targets. Thirteen holes drilled into Zone 1 confirmed the extensive development of graphite mineralization, confirming the targeting thesis. Drilling is now starting on Zone 2.

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon the ethical mining and supply of naturally occurring elements and minerals that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components for the new suite of innovative tools. The Company is led by a team with collectively over 100 years experience and whose members have been involved with the discovery of several producing mines.

On Behalf of the Board of Directors

Berkwood Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
info@berkwoodresources.com or 1-778-945-2935 www.berkwoodresources.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

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

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Berkwood Resources Grants Stock Options

Berkwood Resources Ltd. (TSX-V: BKR) (the “Company”) is pleased to announce that it has granted stock option agreements to its directors, officers and consultants for the right to purchase up to 1,100,000 common shares of the Company, exercisable at the price of $0.27 per share for five years, subject to regulatory approval.

The option agreements to be issued will be granted in accordance with the Company’s Stock Option Plan and will be subject to the TSX-V four (4) month hold period.

For more information on Berkwood Resources Ltd., review the website at http://berkwoodresources.com/, contact Thomas Yingling at 604-689-1799 or email: tom@berkwoodresources.com.

ON BEHALF OF THE BOARD

Signed: “Thomas Yingling”

Thomas Yingling,
President and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither 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.

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Berkwood Resources Ltd. Closes $2,177,510 Private Placement ($365,690 Hard Dollar and $1,811,820 Flow-Through)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

AMENDED

Berkwood Resources Ltd. (“Berkwood”) (TSX-V: BKR) announces it has received conditional approval from the TSX Venture Exchange and now will close and issue:

  1. 1,261,000 units at $0.29 for gross proceeds of $365,690 (amended). Each unit will be comprised of one common share and one warrant, with each whole warrant exercisable into one common share at a price of $0.36 for a period of two years from closing; and
  2. 5,844,581 flow-through units at $0.31 for gross proceeds of $1,811,820.11. Each unit will be comprised of one flow-through common share and one warrant, with each whole warrant exercisable into one common share at a price of $0.36 for a period of two years from closing.

Finder fees of $76,745.60 cash and the issuance of an aggregate of 455,566 warrants will be paid/issued.

All securities will be subject to a four-month plus one day hold period from closing.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec and general working capital.

The issuance of the securities and the payment of the finder’s fee is subject to final approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Signed: “Thomas Yingling”

Thomas Yingling,
President and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither 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.

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Berkwood Resources Ltd. Closes $2,139,810 Private Placement ($327,990 Hard Dollar and $1,811,820 Flow-Through)

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood”) (TSX-V: BKR) announces it has received conditional approval from the TSX Venture Exchange and now will close and issue:

  1. 1,131,000 units at $0.29 for gross proceeds of $327,990. Each unit will be comprised of one common share and one warrant, with each whole warrant exercisable into one common share at a price of $0.36 for a period of two years from closing; and
  2. 5,844,581 flow-through units at $0.31 for gross proceeds of $1,811,820.11. Each unit will be comprised of one flow-through common share and one warrant, with each whole warrant exercisable into one common share at a price of $0.36 for a period of two years from closing.

Finder fees of $76,745.60 cash and the issuance of an aggregate of 455,566 warrants will be paid/issued.

All securities will be subject to a four-month plus one day hold period from closing.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec and general working capital.

The issuance of the securities and the payment of the finder’s fee is subject to final approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

 Signed: “Thomas Yingling”

Thomas Yingling,
President and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither 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.

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Berkwood Resources Ltd. Closes 2nd Tranche of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood”) (TSX-V: BKR) announces it has received conditional approval from the TSX Venture Exchange and now will close a 2nd tranche and issue 2,314,655 units at $0.29 for gross proceeds of $671,249.95. Each unit will be comprised of one common share and one warrant, with each whole warrant exercisable at a price of $0.35 for a period of two years from closing.

A finder’s fee of $1,160 cash and the issuance of 4,000 warrants will be paid/issued to PI Financial Corp. and 14,000 common shares and 14,000 warrants will be issued to Devon Capital Inc.

All securities will be subject to a four-month plus one day hold period from the closing.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec and general working capital.

The issuance of the securities and the payment of the finder’s fee is subject to final approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Signed: “Thomas Yingling”

Thomas Yingling,
President and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither 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.

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Berkwood intersects graphite in every hole drilled and completes 13 hole drill program

October 17th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BR2N, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has completed Phase 1 of the drill program on its Lac Gueret Project (the “Project”). A total of 13 planned diamond drill holes were completed from nine (9) separate drill sites for a total of 1,806.54m drilled. Targeted graphite (“Cgr”) was intersected in every hole drilled. The project, which includes extensions, announced on September 6th, totals 19,884Ha covered by 368 claims surrounding a planned-to-be producing graphite deposit.

Shareholders can view two videos, one of them in virtual reality, shot on location during Phase 1 of the drill program by visiting the Company’s website. Both videos are located on Berkwood’s home page at the bottom: www.berkwoodresources.com.

This release documents significant intervals and ideas arising from work on Section 3300E, the easternmost section drilled thus far. The final three drill holes were each drilled from a separate prepared drill site located about 100m apart: each hole was aligned on a 360° azimuth and inclined at about -45°. Hole BK1-11-17 (144.78m in length to End of Hole (“EOH”) intersected 2 short graphite schist intercepts between 19.88 and 24.17m (4.29m) and 86.27 – 89.06m (2.84m). Hole BK1-12-17 (150.88m to EOH) returned five Cgr intercepts between 25.32 – 33.93m (8.61m), 54.71 – 56.39m (1.68m), 83.38 – 84.74m (1.35m), 97.22 – 98.96m (1.74m) and 137.59 – 144.23m (11.67m). Hole BK1-13-17 (150.88 m to EOH) returned five Cgr intercepts between 7.47 – 8.29m (0.82m), 37.47 – 49.91m (12.44m), 97.76 – 109.38m (11.62m), 117.60 – 124.38m (11.78m) and 124.38 – 141.79m (17.41m). Drilling on Section 3300E is of lower hole density than on Sections 3200E and 3100E previously reported, with drilling being undertaken subject to two current drilling permits issued by regulators in Quebec.

The Company has submitted 381 samples (comprising 263 graphite samples, 98 bracket samples, and 10 each of duplicate core samples and field blank QA/QC material) to MS Analytical Laboratories in Langley, BC. The samples were shipped as a single shipment comprising two batches under a single chain of custody protocol.

The Lac Gueret Project is located in Côte-Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project directly borders Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project to the South. Berkwood is targeting airborne and ground conductive anomalies at the Lac Gueret South’s Zone 1 location as part of this initial program, where two distinct electromagnetic conductors appear to occur over a two kilometer strike length. The extent of the conductors and certain historic grab samples that returned visible graphite corroborated by laboratory assays motivated the present drilling program. The Company also has well developed targets at Lac Gueret South’s Zone 2, which is located immediately south of the Mason Graphite claim boundary and along strike from the graphite zones of Mason Graphite. Zone 2 has not been drilled yet but is fully permitted and drilling is planned for the upcoming Phase 2 drill program. Shareholders can view the Company’s entire land position in relation to Mason Graphite and other landholders at the Company’s website, (refer http://berkwoodresources.com/wp-content/uploads/2017/08/2017-Berkwood-Location-and-Neighbours-Map-Topo.pdf ).

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and has approved the technical information in this news release.

Tom Yingling, President and CEO states, “I am pleased to provide confirmation that we have intersected graphite in all of the thirteen holes in our first drill program. The electromagnetic conductors have proven very effective in identifying mineralized targets for drilling, and I would like to again recognise the discovery team, including Ed Lyons (our project lead and QP), James Rogers (Longford Exploration) and our advisor Mr. Michel Robert. I look forward to moving the drill over to our Zone 2 target and commencing drilling on it. In addition I look forward to our team developing an effective exploration strategy on Berkwood’s recently acquired Vanadium property as well as continuing work on our Cobalt and Lithium projects as well.”

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon the ethical mining and supply of naturally occurring elements and minerals that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components for the new suite of innovative tools. The Company is led by a team with collectively over 100 years experience and have been involved with numerous discoveries of producing mines.

On Behalf of the Board of Directors,

Berkwood Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
info@berkwoodresources.com or 1-778-945-2935 www.berkwoodresources.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 News Release.

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

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Berkwood Acquires the Roscoe Vanadium Property, Quebec

October 13th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has acquired the Roscoe Vanadium Property in the Cote-Nord area, Quebec. The Roscoe Property (the “Project”) comprises forty (40) claims totalling 2,189.19Ha (21.89km2) in an area of known iron-titanium-vanadium mineralization and features certain historic work and more recent airborne geophysical surveys. The Project property is easily accessible by main and secondary (dirt logging) roads and is located about 250km north of the Baie-Comeau municipality. Berkwood is acquiring The Roscoe Vanadium Project by payment to 1129961 B.C. Ltd of 1,500,000 common shares and $15,000. Berkwood will own 100% of the property with no royalties attached. The transaction remains subject to TSX-V approval.

Work in the recent past (2012) has identified magmatic Fe-Ti+V oxide mineralization hosted in layered mafic intrusive rocks: limited rock sampling (11 samples) has returned results up to 1,180ppm V and 2,330ppm V (MRN, 2012) at two showings located on the Property. The distribution of magnetic ilmenite and titaniferous magnetite rich units and their layered host rocks are expected to have a distinct geophysical signature. Regional magnetic survey shows possible extensions to the showings that could be connected as indicated by the survey. The acquired claims are very well distributed for coverage of the known prospects and magnetically traced host units.

The Company is pleased to acquire this initial vanadium prospect. Berkwood believes that vanadium is on the cusp of widespread adoption as the element of choice for an emerging grid-scale battery technology (the Vanadium Redox Flow Battery, refer http://www.visualcapitalist.com/vanadium-energy-storage-metal/ ), and which is presently the core technology for the worlds largest grid scale battery (200MW, 800MWh, presently in construction in Dalian, China; refer http://www.engineering.com/DesignerEdge/DesignerEdgeArticles/ArticleID/12312/Massive-800-MegaWatt-hour-Battery-to-Be-Deployed-in-China.aspx ).

Tom Yingling, President and CEO stated “we are thrilled to have located the Roscoe property as it begins to fill our ambition of including vanadium in our portfolio of the essential energy storage commodities. Vanadium used in flow batteries requires high quality primary sources of vanadium, and early chemical indications are that the Project has great potential and is located in the same great mining jurisdiction as our other compelling battery commodity projects”.

Qualified Person: Isabelle Robillard, P.Geo OGQ, a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines, has reviewed and approved the technical content provided in this news release.

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon materials that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components in the new suite of innovative tools. The Company is led by a team with collectively over 100 years experience and have been involved with numerous discoveries of producing mines.

On Behalf of the Board of Directors

Berkwood Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
info@berkwoodresources.com or 1-778-945-2935 www.berkwoodresources.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 News Release.

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

 

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Berkwood Resource Ltd. Adopts Shareholder Rights Plan

September 21st, 2017, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V:  BKR) (USA: CZSVF) (FSE: BK2 WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has adopted a shareholder rights plan (the “Plan”). The Plan is designed to promote equitable treatment of our shareholders in any public offer aimed at the purchase of the Company.

Tom Yingling, President and CEO states, “Berkwood Resources is well positioned in the high tech mineral Industry as not only has it intersected Graphite in all of the ten holes drilled to date on its Lac Gueret property beside Mason Graphite’s deposit, but the Company is also well positioned with its Cobalt and Lithium projects as well.  The success in the early stages of the Lac Gueret drill program confirms that the geophysics are confirming the presence of a large Graphite body.   Drilling is planned to continue soon to delineate the Graphite body.   Management has decided to proceed with the shareholder rights plan in order to ensure that the shareholders of Berkwood would get the most valuable takeover amount should an offer be presented.“

The Shareholder Rights Plan will be similar to plans adopted by other Canadian mineral exploration & mining companies and ratified by their shareholders. The Plan has been designed to encourage fair and equal treatment of shareholders in connection with any takeover bid for Berkwood’s outstanding securities, and will provide the Board of Directors adequate time to consider and evaluate any unsolicited bid for the common shares of the Company (the “Common Shares”); adequate time to identify, develop and negotiate value-enhancing alternatives, if considered appropriate, to any such unsolicited bid; the Company’s shareholders are treated fairly in connection with any take-over bid made for the Common Shares; and the Board can take steps to enhance shareholder value if an unsolicited bid is received. Berkwood is not adopting the Plan in response to any specific proposal to acquire control of its outstanding securities.

The Shareholder Rights Plan is intended to encourage any bid to satisfy certain minimum standards designed to promote fairness. If a bid fails to meet these minimum standards, the rights issued under the plan will entitle shareholders, other than any shareholder or shareholders involved in the bid, to purchase additional Common Shares at a substantial discount to the market price.

The Plan is subject to the approval of the TSX Venture Exchange. While the Shareholder Rights Plan comes into effect immediately, it is subject to a shareholder ratification within six months of its adoption. The Shareholder Rights Plan will be presented for ratification by the shareholders at the Company’s annual general and special meeting which will be scheduled and announced shortly.

If ratified, the Plan will have an initial term which will expire at Berkwood’s annual general meeting of shareholders to be held in 2021, the Plan may also be reconfirmed and extended at that annual general meeting and at every third annual general meeting thereafter.  If ratified as disclosed above, a copy of the new rights plan will be available for viewing on SEDAR at http://www.sedar.com and may also be obtained from Berkwood subsequent to the extraordinary general meeting of shareholders.

Please visit www. Berkwoodresources.com to view pictures and videos of our current drill program.

On Behalf of the Board of Directors,

Thomas Yingling
Thomas Yingling
President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
Email: info@berkwoodresources.com
Phone: 1-778-945-2935

www.berkwoodresources.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 News Release.

 Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

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Berkwood increases Lac Gueret Extensions project area by 5 times and intersects graphite in the 10 holes drilled to date

September 6th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3 USA: CZSVF) (“Berkwood” or the “Company”) is pleased to announce that it has substantially expanded its Lac Gueret Extensions project (South & East blocks). Owing to the success of its Phase 1 drill program since commencement,  the Company decided to immediately acquire more claims adjacent to and on-trend with Mason Graphite.

Berkwood has acquired a further two hundred and ninety five (295) claims in its Lac Gueret Extensions project (South & East blocks) region, to extend the previously held 3,942Ha (hectares) covered by 73 claims to a new total of 19,884Ha covered by 368 claims. The newly controlled claims were acquired by direct staking (95 claims, 5,122Ha) and by purchase of additional claims from Mr. Francois Marcotte, an experienced area prospector (200 claims, 10,820Ha). Shareholders can view the Company’s entire land position in relation to Mason Graphite and other landholders at the Company’s website, http://berkwoodresources.com/wp-content/uploads/2017/08/2017-Berkwood-Location-and-Neighbours-Map-Topo.pdf   The newly acquired land parcels will be more fully described on the Company’s web site in due course.

Since the News Release of August 31st the Company has completed three further drill holes at its Lac Gueret South Graphite Project located in Quebec. To date ten drill holes, through BK1-17 to BK10-17, have been completed for a total of 1,360m drilled. Visual graphite has been intersected and confirmed in all ten to date.   Drilling has now commenced on Section 3300E with BK1-11-17 established at Site #9, and is the first of six further planned holes.

Hole BK1-07-17, co-located at Site #4 (section 3200E) with BK1-08-17 and drilled -45° to north with BK1-08-17 at -50° towards the south, allowed the Company to test the concept of the host structure being antiformal, as opposed to a synformal structure as initially inferred. The 142.34m BK1-07-17 returned graphite schist intercepts, notably over 18.5 – 19.58 (1.08m), 47.85 – 56.17 (8.82m) and 104.38 – 129.03 (24.65 m).  Hole BK1-08-17 (187.75m to End of Hole, “EOH”) returned graphitic intercepts from 1.94 – 14.78 (12.84m), 69.76 – 71.49 (2.23m), 90.15 – 97.10 (6.95 m), 139.42 – 177.04 (37.62m). Site #5, about 71 m south of Site #4, is the location of hole BK1-09-17 ((163.68m to EOH) drilled at -45° to the north, and returning variably graphitic intercepts at 11.1 – 18.21 (7.11m), 36.97 – 37.64 (0.67m), 66.81 – 68.75 (1.94m), 117.26 – 142.71 (25.45m) and 142.71 – 163.68 (20.97m & open).

Site #5A lies between Site #5 and planned Site #6 and is 64m south of Site #5. BK1-10-17 (154.53m to EOH) was drilled at -45° to the north and has returned graphitic intercepts over 23.25 – 24.83 (1.58m), 42.85 – 47.25 (4.4m), 60.38 – 65.25 (4.87m), 95.39 – 108.06 (9.67m) and 128.07 – 148.75 (20.68m).

Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project directly borders, and now surrounds, Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project.  Berkwood is currently drilling airborne and ground conductive anomalies at the Lac Gueret South’s Zone 1 location as part of this initial program, where two distinct electromagnetic conductors appear to occur over a two kilometer strike length. The extent of the conductors and certain historic grab samples that returned visible graphite corroborated by laboratory assays motivated the present drilling program. The Company also has well developed targets at Lac Gueret South’s Zone 2, which is located immediately south of the Mason Graphite claim boundary and along strike from the graphite zones of Mason Graphite.

To view details, maps and photos of Berkwood’s properties please click the following link: http://www.berkwoodresources.com/properties.html. The program is being undertaken subject to two current drilling permits issued by regulators in Quebec.

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and has approved the technical information in this news release.

Tom Yingling, President and CEO states, I would like to expand upon information available to shareholders regarding the Berkwood technical team: Ed Lyons (our project lead and Qualified Person) has been involved in numerous projects evolving from exploration to development stage since 1971. His strength is collaborating with mine development teams to ensure tight resource integration with development plans. Since 2000, Ed has worked extensively in industrial minerals, including graphite and iron oxide deposits in the Grenville Metamorphic Province in Quebec and Labrador. In 2000, Quinto Mining asked him to assess a potential graphite deposit near Lac Guéret. After the initial visit with another consultant, Ed spent several days prospecting areas away from the initial graphite showing located by Mr. Phil Boudrais of Sept-Isles, and located two significant graphite zones, the GR (Graphite Road) and GC (Graphite Cliff) that included numerous showings of significant crystalline graphite. Quinto then optioned the property and expanded it to cover the geology of an iron formation and associated geology with graphite. Mr. Lyons supervised field exploration between 2001 and 2005 during which period substantial graphite outcrop was exposed and sampled. Quinto’s work included multiple drill campaigns that validated the deposits at depth, after which the company turned its attention to iron deposits in the region. Ed wrote all of the NI 43-101 and Assessment Reports on the Lac Gueret Property. The property subsequently became available, and Mason Graphite Inc. acquired it and initiated a mine development drilling campaign to delineate mineral resources and reserves for mine planning. Ed acted as the independent Qualified Person for the geology and resource parts of the Pre-feasibility and Feasibility NI 43-101 reports for Mason Graphite. In addition Ed was part of the mineral resources estimate team with Roche Ltd. (Montreal, QC) for Focus Graphite’s Lac Knife Graphite Deposit south of Mont-Wright, QC, and consulted for a private investment group on Nouveau Monde Graphite’s Matawinnie Deposit near Mont-Tremblant, QC. I believe Ed’s experience in these graphite occurrences and their associated iron oxide deposits have helped Ed developed a broader understanding of what makes a successful graphite deposit. His expertise and experience within the space are unparalleled and are pivotal for the success of the company.  In addition, we benefit greatly from the advisory experience of Mr. Michel Robert, Ed’s erstwhile collaborator at Quinto. Michel has 45 years of experience in mining operations with major companies, including Quebec Cartier Mining Ltd., Teck Corp., SNC, Lac Minerals (now Goldcorp), AMEC, MineroPeru, Fluor Daniel and Pan American Silver Corp., where Michel’s roles have ranged from foreman to president. He has practical experience in operation, commissioning, design, construction, finance and due diligence, and graphite experience from due diligence and start-up of the ND-du-Laus graphite mine of Asbury Graphite Ltd. (now closed), and as VP of Quinto Mining Corp. responsible for the formation of the team and management of the Lac Guéret project until the sale of the company. Michel’s 15 years of experience in Quebec for Teck Corporation, Quinto Mining Corp, Commerce Resources Ltd, and Critical Elements Corp. and his familiarity with regulations, social and physical infrastructure, government agencies and service providers at all stages of mine-life makes Michel a key contributor on our team.

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon materials that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components in the new suite of innovative tools.  The Company is led by a team with collectively over 100 years experience and have been involved with numerous discoveries of producing mines.

On Behalf of the Board of Directors

Berkwood Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
info@berkwoodresources.com or 1-778-945-2935     www.berkwoodresources.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 News Release.

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

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Berkwood Drill Program continues to intersect Graphite at Lac Gueret South

August 31st, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has completed five further holes on its Lac Gueret South Graphite Project located in Quebec, Canada. To date each hole has intersected visual graphite in the Zone 1 area. The Company anticipates completing up to 9 further inclined drill holes (of between 60m and 120m in length) in this initial phase of work, for a total of 16 holes drilled on the company’s Phase 1 drill program.

Update of Phase 1 drilling and visualization of Graphite

The current drill program has seen completion of seven (7) drill holes through BK1-01-17 to BK1-07-17 on four sites for a total of 851.7m. The visual graphite intercepts for the first two drill holes on Site #1, were press released on 22nd August, 2017. Holes BK1-03-17 and BK1-04-17 are located at Site # 2 which is about 110m north of Site #1 and drilled toward the north at -45° and -75° respectively. In hole BK1-03-17 (168.25m length) visible graphite is observed over the intervals of 20.8 – 49.0 (28.2m), 125.4 – 137.25 (11.85m), 89.11 – 87.65 (1.46m), 93.4 – 96.6 (3.2m), 97.8 – 99.4 ((1.6m), 104.65 – 107.4 (2.75m) and 158.0 – 159.7 (1.7m). In hole BK1-04-17 (79.24m), visible graphite is recorded continuously from 26.7m – 79.24m, in variable amounts and styles.

Site #3 is located about 65m north of Site #2 and is the focus of BK1-05-17 and BK1-06-17 drilled to the north at -45° and -75° respectively. In hole BK1-05-17 (160.63m) visible graphite is recorded over the intervals 29.74 – 43.86 (14.12m), 58.93 – 63.93 (5.0m), 70.99 – 80.63 (9.64m) and 93.49 – 96.69 (3.2m), whilst in hole BK1-06-17 (81.38 m) graphite is recognised over the intervals from 15.12 – 28.34 (13.22 m) and 53.2 – 54.34 (1.14m).

Site #4 is located on cut-line 3,200E, some 87m east of the cut-line 3,100E that hosts Sites #1-3. It is the focus of BK1-07-17 drilled to the north at -45° to 142.34m (EOH). This hole has not been logged, though an interval of visible graphite is reported over 112.75 – 118.69 (5.94m).

The reader is reminded that these drill intercepts to not represent true widths of the graphite bearing zones intercepted.

Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie-Comeau in an area with very good infrastructure. The Project directly borders Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project to the South.  Berkwood is targeting airborne and ground conductive anomalies at the Lac Gueret South’s Zone 1 location as part of this initial program, where two distinct electromagnetic conductors appear to occur over a two kilometer strike length. The extent of the conductors and certain historic grab samples that returned visible graphite, corroborated by laboratory assays, motivated the present drilling program. The Company also has well developed targets at Lac Gueret South’s Zone 2, which is located immediately south of the Mason Graphite claim boundary and along strike from the graphite zones of Mason Graphite.

Tom Yingling, President and CEO states, “I am pleased to provide continuing confirmation that we have intersected graphite in all of the first seven holes in our first drill program and have commenced plans to expand our work program. The electromagnetic conductors have proven very effective in identifying  mineralized targets for drilling.”

To view a detailed map of zone 1 anomaly showing our drill locations please click the following link: http://berkwoodresources.com/wp-content/uploads/2017/08/2017-08-27-Berkwood-Drilling-Map-with-2015-samples.pdf

The program is being undertaken subject to two current drilling permits issued by regulators in Quebec.

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and has approved the technical information in this news release.

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon materials that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components in the new suite of innovative tools.  The Company is led by a team with collectively over 100 years experience and have been involved with numerous discoveries of producing mines.

On Behalf of the Board of Directors

Berkwood Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
info@berkwoodresources.com or 1-778-945-2935     www.berkwoodresources.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 News Release.

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

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Berkwood Resources Ltd. Closes Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood”) (TSX-V: BKR) announces it has received conditional approval from the TSX Venture Exchange and now will close and issue 1,998,176 units at $0.37 per unit. Each unit consisting of one common share and one warrant exercisable for two years at $0.49.

All securities will be subject to a four-month plus one day hold period from the closing date. A finder’s fee will be paid in connection with the financing.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec and general working capital.

The issuance of the securities and the payment of finder’s fee is subject to final approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Signed: “Thomas Yingling”

Thomas Yingling,
President and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither 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.

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Berkwood Resources Ltd. Closes Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood”) (TSX-V: BKR) announces it has received final approval from the TSX Venture Exchange and will now issue:

  1. 623,805 units at $0.33 per unit for gross proceeds of up to $205,855.65. Each unit will be comprised of one common share and one share purchase warrant, with each whole warrant exercisable into one common share at a price of $0.45 for a period of two years from closing; and
  2. 100,000 flow-through units at $0.40 per unit for gross proceeds of $40,000. Each unit will be comprised of one flow-through common share and one share purchase warrant, with each whole warrant exercisable into one common share at a price of $0.50 for a period of two years from closing.

The securities have been issued having a hold period expiring December 25, 2017.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec and general working capital.

ON BEHALF OF THE BOARD

Signed: “Thomas Yingling”

Thomas Yingling,
President and Director

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

Neither 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.

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Berkwood Drill Program intersects Graphite at Lac Gueret South


August 22, 2017, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V:BKR, FSE: BK2, WKN: A110N3)

(“Berkwood” or the “Company”) is pleased to announce that it has completed two holes and collared a third on its Lac Gueret South Graphite Project located in Quebec. The Company is pleased to confirm that the initial two holes have intersected visual graphite at depths consistent with conductive units detected using electromagnetic (“EM”) geophysical techniques. These techniques were applied by the Company to develop its initial group of targets, and drill pads have been prepared for the initial suite of targeted PhiSpy conductive anomalies, located in the Zone 1 area (refer location descriptions below). The initial holes and their visually logged intercepts are important as they justify continued prosecution of the planned program. The Company anticipates completing up to 14 further inclined drill holes (of between 60m and 120m in length) in this initial phase of work.

The drill program started at Site #1 with DDH BK1-01-17 inclined at -45° on azimuth 358°. The 2nd hole on the same site, BK1-02-17, was inclined at -70°. These initial holes were located on the southern margin of the SW extent of a large airborne and ground EM and magnetic anomalous area in order to confirm the modelled dip direction of the large structure and to test for the presence of graphite. The dip on section appears to be about 70° to the south, confirming the geophysical model in this part of Zone 1. The drilling intersected visually identifiable graphite over intercepts at 40.2m – 45.3m (3.1m) and between 99.48 and 137.77m (38.29m) in BK1-01-17; and over intercepts from 43.6 – 46.3 (2.7m) and from 63.1 – 73.0 (9.9m) in BK1-02-17. These intercepts are as drilled intercepts, and do not represent true widths. The reader is cautioned that visual recognition of graphite does not equate to grades of significance.

Lac Gueret South Property, Quebec

Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project directly borders Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project to the South. With a market capitalisation of over $200 million Mason owns one of the largest high grade graphite deposits in the world, and is planning on building a new graphite mine and processing plant.

In 2014, Berkwood conducted an airborne EM geophysical survey over its Lac Gueret Property and successfully identified several anomalous zones f high conductivity. The Zone 1 and Zone 2 anomalies are the largest and are therefore considered high priority targets for immediate exploration by drilling and trenching. These conductive areas are almost entirely covered by muskeg and till with limited bedrock outcrops on the property.

Lac Gueret South’s Zone 1

Two distinct electromagnetic conductors appear to occur over a two kilometer length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood’s news release dated February 10, 2015). The pattern suggests a closed syncline or anticline that could repeat favourable stratigraphy. The western part of this zone was further defined by ground VLF and EM surveys: four VLF and 22 contiguous PhiSpy EM conductors have been detected over an apparent 800 meters length and up to a 300 meters width. This western area is interpreted as a potential bulk graphite zone interlayered within the inge of a complex foldsystem. The limbs thin to 50 meters in width as the Zone extends eastward.

A total of 11 rock grab samples were collected in the vicinity of the Zone 1 anomaly: three of these samples contained 36.3%, 14.4%, and 1.04% Cgr (Carbon as Graphite) respectively. The presence of significant values of Carbon as Graphite found in the vicinity of these mainly covered large geophysical anomalies is interpreted to indicate that the anomalies are probably large graphite zones.

Lac Gueret South’s Zone 2

Zone 2 lies immediately south of the Mason Graphite claim boundary and long strike from the graphite zones of Mason Graphite. A total of two LF-EM and 15 PhiSpy ground geophysical anomalies confirm the occurrence of two parallel east-west conductors. The larger conductor extends 1 kilometer in length and 60 meters in width.

To view details, maps and photos of Berkwood’s properties please click the following link:

http://www.berkwoodresources.com/properties.html.

The program is being undertaken subject to two current drilling permits issued by regulators in Quebec.

Edward Lyons P.Geo. (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument #43- 101, and has read and approved the technical information in this news release. The Cgr analyses were carried out and certified by AGAT Laboratories of Mississauga, Ontario using a LECO furnace and an infrared detector.

Tom Yingling, President and CEO states, “I am pleased to provide early confirmation that we have intersected graphite in the initial holes in our program. This confirms the effectiveness of our targeting methods and justifies further exploration of the extensive and very compelling conductive zone, in a district in which the world class Mason graphite deposit is now in development. We caution investors that visual confirmation of graphite should not be treated as equivalent to assay data: however, the observed intercepts fully justify continuation of the planned program.”

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon materials that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components in the new suite of innovative tools. The Company is led by a team with collectively over 100 years experience and have been involved with numerous discoveries of producing mines.

On Behalf of the Board of Directors
Berkwood Resources Ltd.

Signed: “Thomas Yingling”

Thomas Yingling, President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
info@berkwoodresources.com
or 1-778-945-2935
www.berkwoodresources.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 News Release.

Disclaimer for Forward-Looking Information:


Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are ased on certain expectations, estimates and assumptions, which may prove to be incorrect.

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Berkwood Drill Program intersects Graphite at Lac Gueret South

August 21st, 2017, VANCOUVER, B.C. – Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that it has completed two holes and collared a third on its Lac Gueret South Graphite Project located in Quebec. The Company is pleased to confirm that the initial two holes have intersected visual graphite at depths consistent with conductive units detected using electromagnetic (“EM”) geophysical techniques. These techniques were applied by the Company to develop its initial group of targets, and drill pads have been prepared for the initial suite of targeted PhiSpy conductive anomalies, located in the Zone 1 area (refer location descriptions below). The initial holes and their visually logged intercepts are important as they justify continued prosecution of the planned program. The Company anticipates completing up to 14 further inclined drill holes (of between 60m and 120m in length) in this initial phase of work.

The drill program started at Site #1 with DDH BK1-01-17 inclined at -45° on azimuth 358°. The 2nd hole on the same site, BK1-02-17, was inclined at -70°. These initial holes were located on the southern margin of the SW extent of a large airborne and ground EM and magnetic anomalous area in order to confirm the modelled dip direction of the large structure and to test for the presence of graphite. The dip on section appears to be about 70° to the south, confirming the geophysical model in this part of Zone 1. The drilling intersected visually identifiable graphite over intercepts at 40.2m – 45.3m (3.1m) and between 99.48 and 137.77m (38.29m) in BK1-01-17; and over intercepts from 43.6 – 46.3 (2.7m) and from 63.1 – 73.0 (9.9m) in BK1-02-17. These intercepts are as drilled intercepts, and do not represent true widths. The reader is cautioned that visual recognition of graphite does not equate to grades of significance.

Lac Gueret South Property, Quebec

Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project directly borders Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project to the South. With a market capitalisation of over $200 million Mason owns one of the largest high grade graphite deposits in the world, and is planning on building a new graphite mine and processing plant.

In 2014, Berkwood conducted an airborne EM geophysical survey over its Lac Gueret Property and successfully identified several anomalous zones of high conductivity. The Zone 1 and Zone 2 anomalies are the largest and are therefore considered high priority targets for immediate exploration by drilling and trenching. These conductive areas are almost entirely covered by muskeg and till with limited bedrock outcrops on the property.

Lac Gueret South’s Zone 1

Two distinct electromagnetic conductors appear to occur over a two kilometer length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood’s news release dated February 10, 2015). The pattern suggests a closed syncline or anticline that could repeat favourable stratigraphy. The western part of this zone was further defined by ground VLF and EM surveys: four VLF and 22 contiguous PhiSpy EM conductors have been detected over an apparent 800 meters length and up to a 300 meters width. This western area is interpreted as a potential bulk graphite zone interlayered within the hinge of a complex foldsystem. The limbs thin to 50 meters in width as the Zone extends eastward.

A total of 11 rock grab samples were collected in the vicinity of the Zone 1 anomaly: three of these samples contained 36.3%, 14.4%, and 1.04% Cgr (Carbon as Graphite) respectively. The presence of significant values of Carbon as Graphite found in the vicinity of these mainly covered large geophysical anomalies is interpreted to indicate that the anomalies are probably large graphite zones.

Lac Gueret South’s Zone 2

Zone 2 lies immediately south of the Mason Graphite claim boundary and along strike from the graphite zones of Mason Graphite. A total of two VLF-EM and 15 PhiSpy ground geophysical anomalies confirm the occurrence of two parallel east-west conductors. The larger conductor extends 1 kilometer in length and 60 meters in width.

To view details, maps and photos of Berkwood’s properties please click the following link:http://www.berkwoodresources.com/properties.html. The program is being undertaken subject to two current drilling permits issued by regulators in Quebec.

Edward Lyons P.Geo. (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument #43- 101, and has read and approved the technical information in this news release. The Cgr analyses were carried out and certified by AGAT Laboratories of Mississauga, Ontario using a LECO furnace and an infrared detector.

Tom Yingling, President and CEO states, “I am pleased to provide early confirmation that we have intersected graphite in the initial holes in our program. This confirms the effectiveness of our targeting methods and justifies further exploration of the extensive and very compelling conductive zone, in a district in which the world class Mason graphite deposit is now in development. We caution investors that visual confirmation of graphite should not be treated as equivalent to assay data: however, the observed intercepts fully justify continuation of the planned program.”

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon materials that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components in the new suite of innovative tools. The Company is led by a team with collectively over 100 years experience and have been involved with numerous discoveries of producing mines.

On Behalf of the Board of Directors
Berkwood Resources Ltd.

Thomas Yingling,
President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:

info@berkwoodresources.comor 1-778-945-2935
www.berkwoodresources.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 News Release.

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statemen

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Berkwood Commences Drill Program at Lac Gueret South Graphite Project

August 16th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce that drilling has commenced on its Lac Gueret South Graphite Project located in Quebec. The Company has completed certain access development for its initial group of targets, and drill pads have been prepared for the initial suite of targeted PhiSpy conductive anomalies, located in the Zone 1 area (refer location descriptions below). The Company anticipates completing up to 18 inclined drill holes (of between 60m and 120m in length) in this initial phase of work. The amended exploration permit approval to start drilling on 16 August has been received. A drill is on site ready to commence on that date. The amended permit allows for a multiphase exploration program without delays at each stage.

Lac Gueret South Property, Quebec

Lac Gueret South is located in Cote Nord, Quebec, a three hour drive from Baie-Comeau in an area of very good infrastructure. The Project lies directly south of Mason Graphite’s (TSX-LLG) advanced Lac Gueret Project. Mason is developing one of the largest high grade graphite deposits in the world.

In 2014, Berkwood conducted an electromagnetic (“EM”) airborne geophysical survey over its South Lac Gueret Property and successfully identified several anomalous zones of high conductivity. Several of these anomalies were downgraded as they are considered too small or too deep to represent economic graphite deposits. However, the Zone 1 and Zone 2 anomalies are of significantly larger size and are considered high priority targets for immediate exploration by drilling and trenching. These large anomalous conducive areas are almost entirely covered by muskeg and till with few bedrock outcrops available property-wide.

Lac Gueret South Zone 1

Two distinct electromagnetic conductors appear to occur over a two kilometer length and 50 meters to 600 meters in width as defined by airborne EM geophysics (see the Berkwood news release dated February 10, 2015). The western part of this zone was further defined by ground VLF and EM surveys: four VLF and 22 contiguous PhiSpy EM conductors have been detected over an apparent 800 meters length and up to a 300 meters width. This western area is interpreted as a potential bulk graphite zone interlayered within the hinge of a complex fold. The limbs thin to 50 meters in width as the Zone extends eastward.

A total of 11 rock grab samples were collected in the vicinity of the Zone 1 anomaly: three of these samples contained 36.3%, 14.4%, and 1.04% Cgr(Carbon as Graphite) respectively. The presence of significant values of Carbon as Graphite found in the vicinity of these mainly covered large geophysical anomalies is interpreted to indicate that the anomalies are probably large graphite zones.

Lac Gueret South Zone 2

Zone 2 is contiguous with the southern limit of the Mason Graphite claim boundary and along strike from the graphite zones of Mason Graphite. A total of two VLF-EM and 15 PhiSpy ground geophysical anomalies confirm the occurrence of two parallel east-west conductors. The larger conductor extends 1 kilometer in length and 60 meters in width.

To view details, maps and photos of Berkwood’s properties please click the following link: http://berkwoodresources.com/. The program is being undertaken subject to two current drilling permits issued by regulators in Quebec.

Edward Lyons PGeo (BC, QC, NL) is a Qualified Person under the definition of Canadian National Instrument 43-101, and has approved the technical information in this news release. He has worked extensively on the Lac Gueret Property, now owned by Mason, and neighbouring graphite properties since 2000. The Cgr analyses were carried out and certified by AGAT Laboratories of Mississauga, Ontario using a LECO furnace and an infrared detector.

Tom Yingling, President and CEO states, “I am pleased we have embarked upon our planned drill program.  This test has targets an extensive and very compelling conductive zone, in a district in which the world class Mason graphite deposit is now in development.”

About the Company: Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon materials that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components in the new suite of innovative tools.  The Company is led by a team with collectively over 100 years experience and have been involved with numerous discoveries of producing mines.

On Behalf of the Board of Directors

Berkwood Resources Ltd.

‘Thomas Yingling’

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
info@berkwoodresources.com or 1-778-945-2935     www.berkwoodresources.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

 Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

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