retraction required by Berkwood reason for halt.Berkwood retracts Ford's statements 2019-11-04 16:22 ET - News Release Mr. Thomas Yingling reports BERKWOOD RETRACTS DISCLOSURE MADE BY A PAID SERVICE Berkwood Resources Ltd. has retracted certain statements disseminated through a written article selectively disclosed through a paid content service retained by the company, primarily for the creation of video content. The retraction is made in relation to a piece written by Mr. Alistair Ford: because Berkwood is a paid client of the content service provider, the disclosure does not comply with the requirements of NI 43-101. Specifically, the disclosure of an implied economic analysis in the absence of a filed PEA, PFS or FS that supports the representations with respect to the economic viability or technical feasibility of the project is proscribed. The Company wished to specifically retract the following statements written by Mr. Ford, and quoting certain verbal statement by Berkwood, including that: the Company's project is adjacent to Mason Graphite Inc., a company which has one of the largest graphite deposits in the world with 56.134mln tonnes of resource at 16.30% graphite that contains 9.478mln tonnes of graphite and a reserve of 4.714mln tonnes of ore that contains 1.317mln tonnes of contained graphite, and that the premise of the Berkwood play is that graphite continues from the LLG property onto Berkwood ground; that the Company has identified a NI 43-101 resource of 550,000 tonnes of contained graphite (correct), but with 70% to 80% showing up as premium quality large-size flakes that sells for $1,500 a ton on average; simple math of taking 550,000 contained tonnes times US$1500 per tonne at a conservative 25% profit margin gives you a potential profit of more than C$200 million as a rough indicator, and that Berkwood has only drilled 20% of the prospect; recent samples and trenching taken about half a kilometre away from this area have returned extremely encouraging graphite grades (correct and previously released), which indicates that the entire geophysical anomaly that the company is working on is likely to be mineralised with graphite, and high grade too (retracted); the graphite outcrops are all at surface, which is ideal from an economic perspective; it will take Berkwood between C$8mln and C$12mln to take the project through a bankable feasibility study and on to a decision to build and produce commercial graphite; and the company will need to add to the resource, by increasing shallow depth pits with coarse flake for the highest profit margin possible. The above statements as disseminated via the service paid for by Berkwood are retracted without reservation.