Mr. Thomas Yingling reports
BERKWOOD RESOURCES LTD. CLOSES 2ND TRANCHE OF FLOW-THROUGH PRIVATE PLACEMENT FOR
ADDITIONAL FUNDS OF $224,460
Berkwood Resources Ltd. will apply to the TSX
Venture Exchange and will close its final tranche of a flow-through financing offered as to an additional $224,460 and
will issue 2,494,000 units at nine cents. Each unit will be composed of 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 to EMD Financial Inc., pursuant to the policies.
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.
© 2024 Canjex Publishing Ltd. All rights reserved.