Mr. Tom Yingling reports

BERKWOOD RESUMES RESOURCE EXPANSION AND DEFINITION DRILLING AT LAC GUERET SOUTH, QC

Berkwood Resources Ltd. has immediately resumed resource expansion and definition drilling on zone 1 at the company's 100-per-cent-owned Lac Gueret project.

The phase 3 program is currently under way and includes a planned 1,500 metres of drilling in nine HQ diamond drill holes to further test for strike continuity of mineralization along the target regional conductor, to improve the company's understanding of the orientation of the mineralized horizons and to further define graphite mineralization at the zone 1 graphite prospect. The company is focused on zone 1 because all 18 holes drilled to date have returned significant graphite intervals.

Tom Yingling, president and chief executive officer, states: "Field crews have been on site at Lac Gueret since early February and have been performing detailed structural logging and analysis of previous drill core. This was deemed a critical step to best define how we continue to build on the exciting results from our 2017 drill programs with this next phase of drilling on zone 1."

The company is engaged with certain work dedicated to characterization of features of the mineralization relevant to its suitability for entry to the global graphite market: Initial findings will be made available to the public in the very near term.

Lac Gueret South zone 1

Lac Gueret South is located in Cote Nord, Que., a three-hour drive from Baie-Comeau in an area with very good infrastructure. The project lies directly south of Mason Graphite's advanced Lac Gueret project. Mason is developing one of the largest medium- to high-grade graphite deposits in the world.

During the recently completed 18-hole phase 1 and 2 drill programs on zone 1 that totalled 2,525 m, the company is pleased to announce it has intersected visual graphite in every hole drilled to date. (See news releases of assay results dated Dec. 17, 2017, and Feb. 15, 2018.) Success in these drill programs confirms that a significant component of the distinct electromagnetic conductors that occur over a two-kilometre strike length and 50 metres to 600 metres in width as defined by airborne electromagnetic geophysics (see the Berkwood news release dated Feb. 10, 2015) includes graphite mineralization.

To view a virtual reality video of the fall phase 1 zone 1 drill program as well as the most recent winter phase 2 drill program, please follow the link at the bottom of the company's home page. For those attending the PDAC Convention in Toronto, please visit booth No. 2103 to view core samples and experience the VR trip first-hand.

Edward Lyons, PGeo (British Columbia, Quebec, Newfoundland), is a qualified person under the definition of Canadian National Instrument 43-101, and has approved the technical information in this news release. Mr. Lyons has worked extensively on the Lac Gueret property, now owned by Mason, and neighbouring graphite properties since 2000.

About the company

Berkwood is engaged in exploration for the commodities that enable the modern revolution in essential technologies. These technologies are dependent upon the ethical mining and supply of naturally occurring elements and minerals that enhance the performance of energy storage systems and permit the development and miniaturization of new electronics and structural components for the new suite of innovative tools. The company is led by a team with collectively over 100 years experience and the members of which have been involved with the discovery of several producing mines.

We seek Safe Harbor.