Mr. Thomas Yingling reports
BERKWOOD RESOURCES LTD. CLOSES 3RD TRANCHE OF FLOW-THROUGH PRIVATE PLACEMENT FOR
ADDITIONAL FUNDS OF $186,800.04
Due to popular demand, Berkwood Resources Ltd. will close a third and final tranche of flow-through financing offered as to an additional $186,800.04 and
will issue 2,075,556 units at nine cents, subject to the approval of the TSX Venture Exchange. Each unit will comprise
one flow-through common share and one-half warrant, with each whole warrant exercisable into one common share
at a price of 15 cents for a period of two years from closing. All securities will be subject to a four-month plus one day
hold period from closing.
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.
The issuance of the securities and the finder's fee are subject to the final approval of the TSX Venture Exchange.
We seek Safe Harbor.
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