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CEO and CFO buying at Berkwood Resources (:BKR)

Updated Monday May 29, 2017 02:14 AM EDT

Thomas Yingling, CEO and Director, acquired 530,769 Common Shares on an indirect ownership basis for registered holder Brahma Communications Corp. at a price of $0.260 through a prospectus or prospectus exempt offering on May 26th, 2017. The insider also acquired 530,769 Warrants with an exercise price of $0.350 for two years. This represents a $138,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Brijender (Binny) Jassal Jassal, CFO, acquired 96,154 Common Shares and 96,154 Warrants on an indirect ownership basis for registered holder BJ Financial on the same terms. This represents a $25,000 investment into the company's shares and an account share holdings change of greater than 100%.

Berkwood Resources is in the Gold Sub Industry Group under the Basic Materials Sector.

Berkwood Resources Ltd. (Berkwood) is an exploration-stage company. The Company is engaged in the business of acquisition, exploration and development of natural resource properties. Berkwood holds approximately 100% interest in the Lac Gueret Extensions Project property. The Company's Lac Gueret Extensions Project covers an area of approximately 8,060 hectares consisting of over 150 claims in approximately two blocks, which include Lac Gueret East Block and Lac Gueret South Block. The Lac Gueret East Block consists of approximately 40 claims covering over 2,050 hectares and is prospective for Graphite. The Lac Gueret South Block consists of approximately 110 claims totaling over 5,710 hectares.

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