(via Thenewswire.ca)

Berkwood Resources Ltd. (TSX-V: BKR) ("Berkwood" or the "Company") has closed the second (and final) tranche of its previously announced non-brokered private placement by issuing 4,330,000 units at a price of $0.06 cents per unit for gross proceeds of $259,800.00. Each unit consists of one common share plus one share purchase warrant with each warrant entitling the holder to purchase one additional common share of the Company at $0.10 cents per share for the period of three years. For further information regarding the financing, please see the Company's press release that was issued on August 10, 2012.

The proceeds of this private placement will be used for exploration programs, acquisition of properties and general working capital. Finder's fees consisting of $6,720 in cash and 198,000 units were paid in accordance with the policies of the TSX Venture Exchange. The shares and warrants issued by the Company are subject to a four month hold period, which expires on January 22, 2013.

About Berkwood Resources:

Berkwood holds a 100% interest in the Prospect Valley Gold Property near Merritt, BC. To date, several areas of gold mineralization have been identified on the 10,871 Ha property. The majority of historic drilling has taken place in the centre of the claim block along the Discovery Trend. Drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher grade mineralization (see Berkwood news release dated January 25, 2012 for details). The zones remain open for expansion and other known zones of gold mineralization have yet to be drilled. Summer 2012 Fieldwork at Prospect Valley is currently in progress. To view maps of the Prospect Valley Gold Property please click here.

Berkwood also has an option to earn a 100% interest in the Lac Gueret East Graphite Property in Quebec. The 3,186 Ha property borders the eastern boundary of the advanced Lac Gueret Graphite Property, owned by Mason Graphite. For a full overview of the property please click here.

If you are not currently on the Berkwood Resources news and updates list, you can opt-in via the Berkwood website by clicking here. News Releases and exploration updates are emailed to list members who wish to keep up to date with Berkwood Resources and our projects.

On Behalf of Berkwood Resources

"Brian Buchanan"

Brian Buchanan, President and Director

For additional information please contact:

Karim Sayani, Corporate Communications

Tel: (604) 662-7455 E-mail: karim@berkwoodresources.com

Tom Steer, Media Relations Manager

Tel: (604) 681-5556 E-mail: tomsteer@berkwoodresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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