Berkwood Resources Announces Non-Brokered Private Placement

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Berkwood Resources Ltd. (“Berkwood”) (TSX-V:  BKR) proposes to issue up to 5,000,000 units at $0.30 per unit for gross proceeds of up to $1,500,000.  Each unit will be comprised of one common share and one common share purchase warrant, with each whole warrant exercisable into one common share at a price of $0.40 for a period of two years from closing.

All securities will be subject to a four-month hold period from the closing date. Finder’s fees may be paid in accordance with the TSXV policies. The private placement is subject to the approval of the TSXV.

Proceeds of the private placement will be used for general working capital.

The private placement and the payment of finder’s fees are subject to 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.

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.

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