Berkwood Resources Ltd. (TSX-V: BKR) (the "Company") advises that the Company will be immediately filing for, and seeking approval of, documents relating to the consolidation of the Company's issued and outstanding share

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

NEW RELEASE

March 2, 2017 TSX:V: BKR

Berkwood Resources Ltd. (TSX-V: BKR) (the "Company") advises that the Company will be immediately filing

for, and seeking approval of, documents relating to the consolidation of the Company's issued and outstanding share

capital with the TSX V enture Exchange. The intended consolidation will be on a basis of one post -consolidation

common share for every five (5) pre-consolidation common shares. This consolidation will reduce the issued and

outstanding shares of the Company from 33,910,578 to 6,782,116 shares, assuming no other change in the issued

capital. The Company's outstanding options and warrants will also be adjusted on the same basis (1 new for 5 old) as

the common shares, with proportionate adjustments being made to exercise prices. No fractional common shares will

be issued, and no cash will be paid in lieu of fractional post -consolidation common shares. The number of post -

consolidation common shares to be received by a shareholder will be rounded down to the nearest whole common

share. A letter of transmittal will be mailed to shareholders advising that: (i) the consolidation has taken effect; and

(ii) shareholders should surrender their existing share certificates (representing pre-consolidation common shares) for

replacement shar e certificates (representing post -consolidation common shares). Until surrendered, each existing

share certificate will be deemed, for all purposes, to represent the number of common shares to which the holder

thereof is entitled as a result of the consolidation. The board of directors believes that the proposed share consolidation

is necessary to facilitate new equity investment s in the Company to finance continuing business activities and to

investigate new opportunities. The Company's articles of inco rporation authorize the board of directors to approve

certain changes to the Company's capital structure, including the consolidation. As such, shareholder approval is not

required. The consolidation is subject to approval by the TSX Venture Exchange. T he Company does not intend to

change its name or its current trading symbol in connection with the proposed share consolidation. The effective date

of the consolidation will be disclosed in a subsequent news release. Notwithstanding the foregoing, the bo ard of

directors may, at its discretion, determine not to effect the consolidation.

For more information on Berkwood Resources Ltd., review the website at http://berkwoodresources.com/, contact

Thomas Yingling at 604-689-1799 or email: [email protected]

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 actual results, performance or developments to differ mat erially

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.