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FCI.V ·

1,500,000 common shares, exercisable at $0.05 for five years. The option agreements are granted according to the Company’s stock option plan. On Behalf of the Board of Directors Berkwood Resources Ltd. Signed: Thomas Yingling

Share Capital & Compensation

TSX-V: BKR FSE: BK2N WKN: A2DNV4

2200 – 1250 Rene Levesque Blvd. Montreal QC H3B 4W82410 – 610 Granville Street Vancouver BC V6C 3T3
Phone: (438) 469-0705Phone: (604) 343-7740

EMail: [email protected] Website: www.berkwoodresources.com

July 24, 2020, VANCOUVER, B.C. - Berkwood Resources Ltd. (TSX-V: BKR, FSE: BK2N (WKN: A2DNV4) announces that it has granted stock options to its directors, officers and consultants in the aggregate amount of 1,500,000 common shares, exercisable at $0.05 for five years. The option agreements are granted according to the Company’s stock option plan.

On Behalf of the Board of Directors

Berkwood Resources Ltd.

Signed: Thomas Yingling

Thomas Yingling, President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:

[email protected] or 1-604-343-7740 www.berkwoodresources.com

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.