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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