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Berkwood Acquires the Roscoe Vanadium Property, Quebec

Mergers & Acquisitions Property Options & Staking

TSX-V: BKR

FSE: BR2

WKN: A110N3 October 13th, 2017

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 rec ent 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

2

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:

[email protected] 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 assum ptions,

which may prove to be incorrect.