Berkwood Resources Ltd. (TSX-V: BKR) (the “Company”) is pleased to announce that it has granted stock option agreements to its directors, officers and consultants for the right to purchase up to 1,100,000 common shares of the Company, exercisable at the price of $0.27 per share for five years, subject to regulatory approval.
The option agreements to be issued will be granted in accordance with the Company’s Stock Option Plan and will be subject to the TSX-V four (4) month hold period.
ON BEHALF OF THE BOARD
Signed: “Thomas Yingling”
President and Director
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.
Neither 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 release.