Berkwood Resources Ltd. (TSXV:BKR) announced a private placement of up to 5,000,000 units at CAD 0.30 per unit for gross proceeds of up to CAD 1,500,000 on January 23, 2018. Each unit will be comprised of one common share and one common share purchase warrant. Each whole warrant exercisable into one common share at a price of CAD 0.40 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 fees may be paid in accordance with the TSX Venture policies. The transaction is subject to the approval of the TSX Venture Exchange.