Berkwood Resources Ltd. Closes 3rd Tranche of Flow -Through Private Placement For Additional Funds of $186,800.04

Suite 3204 – 610 Granville Street

Vancouver B.C. V6C 3T3

Phone: (604) 343-7740

email: [email protected]

Website: www.berkwoodresources.com

December 27, 2018 TSX-V SYMBOL: BKR

Berkwood Resources Ltd. Closes 3rd Tranche of Flow -Through Private Placement For

Additional Funds of $186,800.04

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DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR

INTO THE UNITED STATES.

Berkwood Resources Ltd. (“Berkwood” or the “Company”) (TSX-V: BKR) announces that it has received regulatory

approval and has close its third and final tranche of flow -through financing offered as to an additional $186,800.04

and has issued 2,075,556 units at $0. 09. Each unit is comprised of one flow -through common share and one -half

warrant, with each whole warrant exercisable into one common share at a price of $0.15 for a period of two years. All

securities have been issued with a hold period expiring April 28, 2019.

A finder’s fee has also been agreed to be paid in accordance with the policies of the TSX-V.

Proceeds of the private placement will be used to develop the Company’s properties located in Quebec.

ON BEHALF OF THE BOARD

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 inte ntions regarding the

future. Such statements are subject to risks and uncertainties that may cause actu al 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.