Berkwood Resources Ltd. is acquiring a private company in British Columbia, 1137794 BC Ltd., which will increase its landholding under the Lac Gueret graphite project in Quebec to 25,180 hectares.
The company will issue 2.8 million common shares and pay C$25,000 in cash, according to the Feb. 27 release.
In September 2017, Berkwood acquired 295 claims to expand the Lac Gueret project to 368 claims covering 19,884 hectares.
