The
TSX Venture Exchange has accepted for filing a property option agreement dated Sept. 30, 2012, between Berkwood Resources Ltd. and Group Ressources Gemines Inc. (Michel Belisle) whereby Berkwood has been granted an option to acquire a 100-per-cent interest in the Peter Lake property that is located in Quebec. Consideration is $100,000 payable over two years and 750,000 common shares. Upon exercise of the option the company shall pay the vendor a net smelter royalty or equivalent of 2 per cent on all metals produced from the property with the right to buy back 1 per cent at any time for $1-million subject to further exchange review and acceptance.
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