Berkwood Resources Ltd. Closes Non-Brokered Private Placement

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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

August 28, 2017 TSX-V SYMBOL: BKR

Berkwood Resources Ltd. Closes Non-Brokered Private Placement

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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”) (TSX -V: BKR) announces it has received conditional approval from the

TSX Venture Exchange and now will close and issue 1,998,176 units at $0.37 per unit. Each unit consisting of one

common share and one warrant exercisable for two years at $0.49.

All securities will be subject to a four -month plus one day hold period from the closing date. A finder’s fee will be

paid in connection with the financing.

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

working capital.

The issuance of the securities and the payment of finder’s fee is subject to final 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 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.