Berkwood Plans UAV Drone Survey on Cobalt Ford Project

January 16th, 2018, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce it is designing an exploration program on its wholly owned Cobalt Ford Property (the “Property”) located approximately 180 km northwest of Baie Comeau, Quebec.

The Company has conducted a preliminary review of historic exploration and is currently designing an exploration program that is considering a detailed unmanned aerial vehicle magnetometer survey (“UAV-MAGTM Survey”) offered by Pioneer Aerial Surveys Ltd, (“Pioneer”).  The innovative survey would be flown to modernise project baseline data and to identify high-priority targets for follow up ground testing.  The survey is expected to offer high quality data at reduced cost in comparison with conventional magnetics data collection.

Pioneer has extensive experience flying Unmanned Aerial Vehicle (“UAV”) based magnetometer and remote sensing surveys for the mining and exploration sector and has successfully flown over 12,000 line km in surveys across North America.

Global UAV Technologies Ltd. is a publicly traded company on the TSX Venture Exchange (TSX:UAV) and wholly owns Pioneer.  Thomas Yingling, the President of the Company holds an option to purchase up to 1,500,000 common shares of UAV at $0.125.

About the Cobalt Ford Property:

The approximately 2,176 ha Cobalt ford property was historically explored for base metals targeting mafic and ultramafic rocks (pyroxenite, peridotite, amphibolites) and paragneisses.

Several geophysical surveys have been undertaken (1996, 2004 and 2006, airborne magnetics and radiometrics), along with some prospecting and mapping surveys. Outcrop mapping in 1971 detailed the exposed rock formations in the area, with further geological mapping in 1977, 1997, 2005 and 2006 has revealed the existence of multiple sulphide mineralization occurrences. Cobalt values of 904.3ppm and 1,480ppm have been returned from rock sampling.

A drilling program was carried out in 2006 by Quinto Technology Inc., which focused on the western half of the property. Drilling identified sulphide mineralization as disseminated and stringer occurrences in mafic (up to 3% sulphide) and ultramafic (peridotite, up to 1% sulphide) host rocks. Mafic rocks consist of gabbronorite with less than 0.5% visible disseminated sulphides and up to 3% in highly foliated zones.

The highest metal values in samples reported by Quinto Technology as a result of the drilling were 4.64% Ni, 2.37% Cu, 0.12% Co, 19ppb Pt, 110ppb Pd and 168ppb Au, over an undisclosed interval.

Tom Yingling, President and CEO states, “2017 was an exceptional year for Berkwood and it’s shareholders.  Having hit Graphite in each of the 18 holes drilled on our Zone 1 Graphite body is very exciting and we plan on continuing to drill on the Zone 1 Graphite Body to determine tonnage and the geometry of the deposit.  I am excited to get started working on our Cobalt Ford property as well.  As we explore for advanced technology minerals like Cobalt, Graphite, Lithium and Vanadium, it is indeed elegant that we will be employing new drone technology that is entirely enabled by new high-tech batteries that themselves are enabled by the minerals we seek! ”

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. Received LEI NUMBER

Vancouver, BC, Canada – January 2, 2018 – Berkwood Resources Ltd., (“Berkwood” or “Company”) is pleased to report that the Company has been assigned the Legal Entity Identifier (“LEI”) number 52990096SHXS8L1NDF87. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.

About the Legal Entity Identifier (LEI)

The Legal Entity Identifier (LEI) number is a 20-digit alphanumeric code. It is an internationally standardized and globally valid identifier for financial market participants. Its purpose is to clearly and unequivocally identify contracting parties (e.g., companies, banks, and investment funds). It is used to comply with a variety of financial reporting requirements. The Deutsche Borse Group has stated that “the LEI will clearly assist the regulatory authorities in monitoring and analysing threats to the stability of the financial markets, (but) it can also be utilised by counterparties internally for risk management purposes.”

Berkwood meets the requirement for all companies listed on German Stock Exchanges (ie. Frankfurt Stock Exchange) to have an LEI number by January 3, 2018.

According to the website of the Deutsche B?rse Group, the LEI number will affect most aspects of the securities markets in Europe, including trading, clearing, settlement, custody, collateral and liquidity management, market data and indices. (See http://deutsche-boerse.com/dbg-en/regulation/regulatorytopics/legal-entity-identifier)

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

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Berkwood Continues to drill Massive Graphite Intersections

December 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 the first five drill holes on the Phase Two drill program on the Company’s Zone 1 Graphite body. Further to the news release dated December 8th, 2017 whereby the Company announced a massive Graphite intercept of over 70 meters in length and close to surface, the Company is very pleased to announce that it has been successful in not only continuing to drill large intersections of Graphite but that it has drilled one intercept of over 107 meters width.  All five of the holes drilled in the phase 2 drill program on the Company’s Zone 1 Graphite Body was successful in intersecting large intervals of graphite mineralisation.

Four HQ holes were drilled on an east-west line that crosses the area on Section 3100E around the initial holes BK1-03-17 and BK1-04-17, drilled on a northerly azimuth, and a fifth started another section to the north. The five holes totalled 719 m of HQ drilling.

The results of these five drill holes are as follows.

BK1-14-17 collared about 25 m east of the section line at 090° at -60°, as per the news release dated December 8th, 2017.  The oriented core used in Phase 2 indicated that the foliation dipped sub vertically and had an azimuth to the north-northwest.

BK1-15-17 collared about 10 m west of BK1-14-17 on the same site as BK1-14-17 with a 270° azimuth and inclined at -45° west to a length of 145.35 m. The major graphite interval started at 47.2 m and ended at 116.2 m The graphite zone was 69 m in core length and continuous with an estimated true width of 56 m. The last few runs intersected several narrower graphite intervals.

BK1-16-17 collared on a new site ~25 m west of BK1-15-17, just west of Section 3100E with an azimuth of 090° and inclination of -60° east with a length of 145.35 m again. It intersected continuous graphite of typical grade ranges from high-grade to medium and less low grades from18.3 to 125.4 m (107.1 m). The true width is about 61 m.

BK1-17-17 was sited east of BK1-16-17 to create a scissors intersection at the tops of the holes for geological overlap. It is oriented 270° azimuth and inclined at -45° west to a length of 186 m. It intersected a major graphite zone from 47.7 – 138.5 m (90.8 m) with a true width of 53.3 m. Several narrower graphite zones occur down to 162 m. The Attikamagen Formation, the basement formation below the graphite and iron formation stratigraphy, was intersected in the lowest 10 m; it projects just west of the geophysical anomaly.

BK1-18-17 started from a new east-west line about 85 m north of the first east-west section and is near the site of BK1-05-17 and BK1-06-17 in Phase 1. It is collared just east of Section 3100E with an azimuth of 090° and inclination of -550° east with a length of 124.67 m. One significant graphite zone of medium and high-grade types was intersected from 57.3 to 70.3 m (13.0 m). The rest of the hole was in the typical mixed lithology seen in all the adjacent holes around the graphite zone(s).

Summary:

The test of the western end of Zone 1 along east-west sections showed that the graphite horizons are probably folded around the western end of the geophysical anomaly. Several examples within eight kilometers show the arcuate fold pattern exists on the scale of the Zone 1 anomaly. Continued drill testing is needed to define the folds. As well, the Company is considering using in-hole electromagnetic surveys that specifically charge the graphite horizons and maps them between holes as well as on the surface. The existing access trails provide an initial reconnaissance grid for the surface work.  This Phase of the drill program completed five additional holes before shutting down for the holidays.  The drill, drill pads, and financing are all in place and drilling is ready to commence in the beginning of January 2018.

The Zone 1 Graphite Body is a very large conductive and magnetic system with a 2.2 km east-west strike length and 0.6 km width. It shows two parallel zones that may be a large-scale fold. A total of 18 drill holes have been drilled into the Zone 1 Graphite Body.  Assay results have confirmed not only high-grade graphite but also intersections of over 107 meters.

The Phase 2 drill program has already demonstrated some details in the Zone 1 graphite deposit geometry as well as continued strong, contiguous grades over significant continuous lengths.

The exploration potential for a significant graphite deposit has been supported by this Phase 2 campaign.

Sampling:

A total of 212 sawn core samples were taken from these first five holes of the Phase 2 drill program. All 212 of the samples were shipped to MS Analytical Laboratories in Langley, BC for the same analytical techniques used on the 383 Phase 1 samples. Results are expected back early 2018.

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.

To view a virtual reality video of Berkwood’s drill program please scroll to the bottom of Berkwood’s home page at:   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.   Edward Lyons holds the following stock option agreements in the Company (a) 40,000 common shares at $0.42 expiring August 28, 2022; and (b) 50,000 common shares at $0.26 expiring October 4, 2022.

Tom Yingling, President and CEO states, “I am very pleased to continue to drill such massive intercepts of graphite, including one of them over 107 meters thick, in an area already successfully proven to have good assays from our Phase 1 drill program.  Having hit such large intercepts of graphite in all 18 holes drilled to date is helping determine the design, size and geometry of the graphite deposit.  I would like to reiterate how fortunate Berkwood’s shareholders are to have our project lead and QP, Mr. Edward Lyons.  Mr. Lyons has overseen the first two drill programs and plans on continuing in January 2018. He was key in developing our neighbour’s, Mason Graphite, discovery of one of the largest and highest-grade graphite deposits and soon to be in production mine.”

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 Drills Massive Graphite Intercept on Zone 1, at Lac Gueret South

December 8th, 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 the first hole of the Phase 2 drill program on Berkwood’s Zone 1 Graphite Body.    Management is very pleased to report that the Company has drilled a massive Graphite intercept of over 70 meters in length and close to surface.  Berkwood’s Phase 2 drill program on the Zone 1 Graphite Body was targeted based on the Phase 1 drill program’s successful results whereby the Company demonstrated average Graphite grades in the range of 14.39 to 25.52% Cgr and true thicknesses ranging 22.1 to 40.3 m. (see the news release dated November 28th, 2017 )  This Phase 2 drill program is designed to delineate the size and geometry of this Graphite body

The Zone 1 Graphite Body is a very large conductive and magnetic system with a 2.2 km east-west strike length and 0.6 km width. It shows two parallel zones that may be a large-scale fold. The Phase 1 drill program on Berkwood’s Zone 1 Graphite Body focused on only a small western portion of the geophysical anomaly. The Company was waiting for the Phase One drill program assay results to determine if a Phase 2 drill program would commence on the Zone 1 Graphite Body, as well as determine the best location to commence the Phase 2 drill program. Significant exploration risk has been mitigated with the assays on the Phase 1 drill program. That, and the fact that most of the anomaly has not been drill tested, increases Zone 1 as a priority area.

Phase 2 drilling started on Berkwood’s Zone 1 Graphite Body, with BK1-14-17 on 4 December 2017. The planned series of holes are located around Section 3100E, which had the best graphite intersections in the Phase 1 program.  The Phase 2 drill program has started with a series of eight drill holes planned across the previous north trend to delimit the structures and use a core orientation system to define the actual foliation strikes and dips. These will be completed by December 19th, 2017.

The first hole was successful in intersecting a key zone found in the Phase 1 drilling. The hole was sited about 40 m east of Site #2 where holes BK1-03-17 and BK1-04-17 drilled to the north intersected significant graphite intervals as previously reported with analyses. BK1-14-17 was drilled to the east with a -60° inclination and reached 109.7 m length. The TruCore alignment system showed the foliation was subvertical to steep east-dipping and had azimuths between 340° to 010° with most close to 360°. The geology summary with graphite and sulphide visual estimates is 19.4 – 50.5 m (31.1 m)     Graphite quartz schist, with graphite visual estimates range from 20% to 30%+ Cgr (“carbon as graphite”) and a variety of graphite textures and medium flakiness.

50.5 – 80.2 m (29.7 m)       High-grade graphite with 25+% Cgr..
80.2 – 90.9 m (10.7 m)       Graphite-quartz-biotite schist; Gr 20% to 25% Cgr in fine to coarse flakes.

The combined graphite interval of 60.8 m core length is 51 m true width, based on foliation attitudes is about 27.6 m, similar to true widths previously drilled.

Samples are being saw-cut and will be sent to MS Analytical Laboratories in Langley, BC., at the end of the Phase 2 drill program, as were the Phase 1 samples.

DDH BK1-15-17, on the same site, is oriented at 270° azimuth and -45° inclination to test the orientation and grade of graphite intervals in the two holes on Site #2. Eight holes are planned for a total of about 850 m before the Christmas shutdown.  Drilling is planned to recommence in early January 2018.

The new program has already demonstrated some details in the Zone 1 graphite deposit geometry as well as continued strong, contiguous grades over significant continuous lengths.

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.

To view a virtual reality video of Berkwood’s drill program please scroll to the bottom of Berkwood’s home page at:   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.   Edward Lyons holds the following stock option agreements in the Company (a) 40,000 common shares at $0.42 expiring August 28, 2022; and (b) 50,000 common shares at $0.26 expiring October 4, 2022.

Tom Yingling, President and CEO states, “I am very pleased to have drilled such a massive intercept of graphite in an area already successfully proven to have good assays from our Phase 1 drill program.  I would like to reiterate how fortunate Berkwood’s shareholders are to have our project lead and QP, Mr.  Edward Lyons.  Mr. Lyons is currently on site managing and directing our drill program.  He was responsible for our neighbour’s, Mason Graphite, discovery of one of the largest and highest-grade graphite deposits and soon to be in production mine.  ”

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 to do follow up drilling on large true thickness, high grade Graphite Zone 1, Lac Gueret South Graphite Project

November 30th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce it has moved the drill from its Zone 2 anomaly back to Berkwood’s Zone 1 Graphite Body where the Company has successfully demonstrated average Graphite grades in the range of 14.39 to 25.52% Cgr and true thicknesses ranging 22.1 to 40.3 m. The drill program on Zone 2 was stopped as no significant graphite was intersected and in order to focus the Company’s efforts on the Zone 1 deposit at this time.

Zone 1 Graphite Body on the Company’s 100% owned Lac Gueret South Project had 13 HQ holes drilled in the Phase 1 program with every hole intersecting significant graphite intersections. Mineralised sections of the core were sent for assay and, as per the news release dated Nov 28th, 2017, returned contiguous intervals of high grade graphite. The Zone 1 Graphite Body is a very large conductive and magnetic system with a 2.2 km east-west strike length and 0.6 km width. It shows two parallel zones that may be a large-scale fold. The Phase 1 drill program on Berkwood’s Zone 1 Graphite Body focused on only a small western portion of the geophysical anomaly. The Company was waiting for the Phase One drill program assay results to determine if a Phase 2 drill program would commence on the Zone 1 Graphite Body. Significant exploration risk has been mitigated with the assays on the Phase 1 drill program. That, and the fact that most of the anomaly has not been drill tested, increases Zone 1 as a priority area. The Phase 2 drill program is commencing on Zone 1 and will continue to test this Graphite discovery. This drill program is fully permitted with the access roads and drill pads already built. The entire drill program is fully financed. The Company estimates to complete up to 2000 metres of drilling for the Phase 2 drill program.

Tom Yingling, President and CEO states, “I am very pleased with the assay results we received from Berkwood’s Zone 1 Graphite Body. Prior to receiving the Zone 1 Graphite Body assay results, numerous elements of risk still pertained to our graphite discovery. There are always risks in exploration. Now that we have successfully proven that we have large intercepts with good graphite grades, we have mitigated some of them, and the Company looks forward to having the drill successfully delineate the size of this Graphite body to determine tonnage and geometry. I am thrilled with our shareholder and financing support, and with our capital structure – we still only have approximately 32.5 million shares outstanding.”

Mr. Edward Lyons PGeo (BC, QC, NL), who has worked extensively on the Lac Gueret Property, now owned by Mason Graphite, states “The analyses show that the thick unit on Section 3100E as well as shorter intervals showed a similar range of grades that occurs at Mason Graphite’s Lac Gueret deposit nearby.”

Lac Gueret South Zone 1

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 medium to high grade graphite deposits in the world.

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

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 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 reports high grade Graphite assays with large true thickness intersections up to 40.3 m on Zone 1 at Lac Gueret South Graphite Project

November 28th, 2017, VANCOUVER, B.C. Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2, WKN: A110N3) (“Berkwood” or the “Company”) is pleased to announce the assay results from the drill program on the Zone 1 geophysical prospect at the Company’s 100% owned Lac Gueret South Project. Thirteen holes were drilled in the first Phase drill program with every hole intersecting visible Graphite. Sections of the drill core were sent for assay and we are pleased to confirm High grade Graphite with average grades in the range of 14.39 to 25.52% Cgr and true thicknesses ranging 22.1 to 40.3 m.

Mr. Edward Lyons PGeo (BC, QC, NL) has worked extensively on the Lac Gueret Property, now owned by Mason, states “The analyses show that the thick unit on Section 3100E as well as shorter intervals showed a similar range of grades that occurs at Mason Graphite’s Lac Gueret deposit nearby.”

The Zone 1 target is a conductive and magnetic system with a 2.2 km east-west strike length and 0.6 km width. It shows two parallel zones which may be a large-scale fold. The Zone 1 drill program intersected graphite in each of the 13 holes drilled on the west end of the Zone, and with which initial metallurgical assessment is in progress.

Certificates of Analyses # YVR1710850 and # YVR1717850A contain analytical results for all samples taken in the 13 HQ diamond drill holes on Zone 1. Nine sites contained the 13 drill holes oriented north with inclinations varying from -45° to -75° on a cut grid. The sites were spaced about 70-100 m apart on north-south sections which were spaced about 100-m apart. Significant results are described below:

Significant Drill Intersections

DDH ID From (m) To (m) Sample
length (m)
Cg%
avg
True thickness
(m) **
BK1-01-17 40.23 45.00 4.77 28.61 4.48
BK1-01-17 99.48 137.77 38.29 14.68 36.0
includes 101.98 110.19 9.83 29.17 9.2
BK1-02-17 43.05 46.38 3.33 15.16 9.75
BK1-02-17 60.85 80.45 19.60 24.01 15.5
includes 64.38 74.40 10.02 32.95 6.4
BK1-03-17 20.79 47.69 26.90 24.40 26.9
includes 24.28 26.94 2.66 31.08 2.6
includes 34.69 44.06 9.37 35.34 9.3
BK1-03-17 93.40 99.38 5.98 13.11 5.98
BK1-04-17 26.68 79.24 52.56 21.01 40.3
includes 26.68 54.55 27.87 28.38 21.4
includes 69.19 71.71 2.52 31.72 1.9
BK1-05-17 31.4 43.86 12.46 20.72 8.8
includes 36.21 39.41 3.2 33.69 1.4
BK1-06-17 16.39 28.34 11.95 25.52 22.1
BK1-07-17 112.75 118.61 5.95 10.83 4.4
BK1-08-17 139.42 160.63 17.17 20.04 16.4
includes 150.37 155.83 5.46 31.19 4.5
BK1-08-17 169.83 177.04 7.11 28.02 6.2
BK1-09-17 114.25 142.34 21.33 12.27 18.5
BK1-10-17 133.98 148.75 16.27 9.10 14.1
BK1-11-17 19.84 24.17 4.33 11.39 3.8
BK1-12-17 30.62 33.93 3.31 11.23 2.7
BK1-13-17 38.44 46.59 8.15 19.20 6.9
BK1-13-17 99.64 105.57 5.93 18.84 4.9
BK1-13-17 117.60 120.13 2.53 18.52 2.0

True thickness was estimated based on foliation to core axis and the initial interpretation

The drillholes were completed on western three Sections 3100E through 3300E. Other narrower intervals with graphite greater than 10% Cgr occur, particularly on sections 3200E and 3300E, but are not listed above.

The initial interpretation of Section 3100E geology suggests an asymmetrically dipping and moderately plunging antiform to the west that includes a relatively thick band of graphite schist with average grades in the range of 14.39 to 25.52% Cgr and true thicknesses ranging 22.1 to 40.3 m in the lower parts of BK1-01-17 and BK1-04-17 and the upper parts of BK1-03-17 and BK1-05-17. There are thinner units both above and below this horizon. How these relate to the sections 3200E and 3300E to the east is under review. It is possible that the thicker graphite schist horizon may subcrop between 3100E and 3200E; there is sparse outcrop in the heavily forested area. The possibility of testing the specific horizon by electromagnetic charging the horizon in a borehole and mapping the traces of the unit on surface can constrain interpretations. This “mise a la masse” EM technique successfully demonstrated the two main Quinto/Mason’s Lac Gueret showings were connected. The area west of section 3100E has west-dipping topography that potentially could keep the horizon closer to the present surface.

Tom Yingling, President and CEO states, “I am pleased we have succeeded in demonstrating significant graphite in large true thicknesses early in our initial exploration program. Having had success in every one of the 13 holes drilled to date on Zone 1 is very exciting. Drilling on Zone 2, reported on 21 November 2017, will assist the Company in prioritizing the most compelling prospect for potential 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 approximately 32.5 million shares outstanding.”

The Company has extended road access and trails to develop the initial group of targets at Zone 1, and drill pads have been prepared for the further planned drill program to test the targeted PhiSpy conductive anomalies.

Lac Gueret South Zone 1

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 medium to high grade graphite deposits in the world.

Success in this drill program confirms that a significant component of the distinct electromagnetic conductors that 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) includes graphite.

Sampling & Analytical Procedures

Sample intervals were marked based on the presence of graphite-bearing lithology and significant visual changes in graphite appearance and range from 0.88 to 3.2 m in length. Most were between 1.1 to 2.2 m. Bracket samples to a maximum of 3.0 m length of unmineralised or very low grade ( < 3% Cgr) mineralisation were taken to join groups of narrower graphite intersections for continuous data for future calculations. The samples were cut lengthwise with rock saw perpendicular to the foliation. One half was placed in plastic bags with numbered tags and arranged in sequence of collection. The other half was retained in core trays on site.

Field QA/QC materials consisted of granitic gneiss rock with nil graphite and sulphide as blank material and quarter-cut drill core for duplicate samples. No standards or certified reference material (CRM) were used in the field. Visual inspection of blank material analyses showed the expected nil values for blank rock, which indicated no contamination from prior samples. Duplicate samples showed the close but not exact correlation with the original half-core samples as is typical of layered material. The laboratory includes five QA/QC materials in each batch of 35 client samples.

Sampling of sawn drill core was completed, weighed, and packed in rice bags under supervision by the QP, and was shipped from Baie-Comeau, QC by truck on pallets to MS Analytical Laboratories in Langley, BC.

Standard sample preparation included crushing and pulverising with silica sand “wash” prior to each sample at both stages on all samples to reduce contamination. The pulps of all samples were analyzed by MS Analytical’s SPM-140 method for graphitic carbon by ashing the sample followed by an acid digestion to eliminate carbonate and SPM-210 for total sulphur by oxidation in a LECO furnace. SPM-140 analyses carbon as graphite (Cgr) to a maximum grade of 50% Cgr, while Total Sulfur has no upper interference level. ICP-MS analyses were run on two longer series of graphite samples from the thickest intervals to test for potential deleterious elements; nothing exceptional was found. Rejects and pulps are presently stored at the MS Analytical warehouse for future metallurgical tests.

Discussion of Results

The analyses show that the thick unit on Section 3100E as well as shorter intervals showed a similar range of grades that occurs at Mason Graphite’s Lac Gueret deposit nearby. The cut-off grade used to define the intervals was the same 5% Cgr level used for Mason’s Lac Gueret resource and reserve estimations with a denser data set, published on SEDAR. One difference is that the highest grades found in one area at Lac Gueret, just over 60% Cgr, were not matched here. Another is that the population of analyses around 5% Cgr constitute a small proportion of samples; the data are generally significantly higher or lower. Three levels of graphite concentration were codified in the field based on local observations as well as known data from Lac Gueret: graphite-bearing schist less than 5% (to 3%) Cgr as low grade; graphite schist with grades between 5% and 25% Cgr as medium grade; and high grade (HiG) material where the sample grades exceeded 25% Cgr and makes visual estimation is impossible in core.

Comparison between South Lac Gueret and Lac Gueret deposits

The comparison between Berkwood’s Zone 1 and Lac Gueret, now owned by Mason Graphite, is that in the early stages of exploration by Quinto Mining, abundant outcrop on burned and logged areas was identified on the initial site visit by the QP. Minor stripping and clearing of the shallow overburden exposed extensive graphite zones with good quality mapping and intense surface sampling prior to drilling. The works by Quinto and Mason are documented in various technical reports posted on SEDAR between 2001 and 2015. Berkwood’s property, which is at the initial stages of exploration, is forested making the development of equivalent exposures difficult. Thus, it faces more work to expose the same showings.

New Property Acquisition

Berkwood is pleased to announce that it has expanded its Lac Gueret Extensions project (Northern blocks). Owing to the success of its Phase 1 drill program and the success of Phase 1 drill program assays the Company decided to immediately acquire additional claims.

Berkwood has acquired a further fifty three (53) claims in its Lac Gueret Extensions project (Northern block) region, to extend the previously held 19,884 ha (hectares) covered by 368 claims to a new total of 22,739.46 ha covered by 421 claims. Berkwood is acquiring The Turkey Lake Property by payment to 1131348 BC Ltd of 630,000 common shares and $15,000. Berkwood will own 100% of the property with no royalties attached. The transaction remains subject to TSX-V approval.

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.

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

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 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 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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