Berkwood Resources Announces Non-Brokered Private Placement

14th Floor - 1111 West Georgia Street, Vancouver, BC, V6E 4M3

Tel. 604-689-1799 Fax.604-689-8199

email: [email protected]

Website: www.berkwoodresources.com

April 5, 2017 TSX-V SYMBOL: BKR

Berkwood Resources Announces 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) proposes to issue up to 5,800,000 units at $0.26 per unit for

gross proceeds of up to $1,508,000. 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. 30 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 f ees 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 to develop existing properties, potential future acquisitions and 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, expectation s or intentions regarding the

future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ m aterially

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.