Berkwood is pleased to announce a non-brokered private placement of 7,000,000 units at $0.05 per unit for gross proceeds of $350,000. Each unit shall consist of one common share and one common share purchase warrant. Each full warrant shall entitle the holder to purchase one additional common share of the Company at $0.075 per share in the first year and $0.10 per share in the second year from the date of closing.
Berkwood is pleased to announce that it is in the process of completing a compilation and review of all available historical data on its Lac Gueret East Graphite Property, located approximately 290 km north of Baie-Comeau, Quebec, in preparation for developing a 2013 Field Work program with the objective to delineate prospective graphite zones. During prospecting in October 2012 the first graphite bearing zone on the [...]
Berkwood is pleased to announce the engagement of Strike Communications to perform corporate advisory and investor relations services for the Company, effective November 1, 2012 for an initial period of six months, subject to TSX Venture Exchange approval. Strike will assist with the creation, coordination and implementation of the Company's targeted objectives with respect to corporate development, producing and [...]
Berkwood is pleased to provide a summary of 2012 results and 2013 plans for its advancing exploration projects: Prospect Valley Gold Property, British Columbia: To date several areas of gold mineralization have been identified on Berkwood's 100% owned 10,871 Ha Prospect Valley Gold Property, and drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher [...]
Berkwood announces that it has amended the terms of its mineral property option agreement respecting the Lac Gueret East Graphite Property located in Quebec, which agreement was initially announced by the Company on May 22, 2012. Under the amended option agreement, the total cash payable to the vendors has been reduced from $285,000 to $150,000 and the aggregate number of common shares issuable to the vendors has been [...]
Berkwood has closed its previously announced non-brokered private placement by issuing 2,298,111 flow-through common shares at a price of $0.09 per flow-through share for gross proceeds of $206,830 and 1,103,000 units at a price of $0.075 cents per unit for gross proceeds of $82,725, for combined gross proceeds of $289,555. Each unit consists of one common share plus one-half of one share purchase warrant with each [...]
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