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Berkley Renewables Inc. Capital/Financing Update 2021

Nov 30, 2021

44246_rns_2021-11-30_53656a6f-f587-4ad9-8ff2-309717d9ece6.pdf

Capital/Financing Update

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T (604) 682-3701 F (604) 682-3600

Suite 900 www.berkleyrenewables.com 570 Granville Street [email protected] Vancouver, BC V6C 3P1

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Trading Symbols: BKS : CNSX Frankfurt/Berlin: WKN 871666

THIS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Berkley Announces Intention to Obtain Partial Revocation Order and Complete Private Placement Financing

Vancouver, British Columbia, November 30, 2021 – Berkley Renewables Inc. (CSE:BKS) (the “ Company ”), announces that it has applied to the British Columbia Securities Commission (" BCSC ") to partially revoke the failureto-file cease trade order issued against the Company on May 6, 2019 (the “ FFCTO ”).

If the BCSC partially revokes the FFCTO, the Company intends to complete an exempt non-brokered private placement (the " Private Placement ") of up to 6,000,000 (the “ Units ”) at a purchase price of $0.05 per Unit for gross proceeds of up to $300,000. Each Unit will be comprised of one common share and one common share purchase warrant, and each warrant will be exercisable for one common share for a period of five years at an exercise price of $0.05/share in years 1 – 3 and $0.10/share in years 4 – 5.

About Berkley Renewables

Berkley Renewables Inc. is a growth-oriented diversified issuer also pursuing renewable energy opportunities, primarily in the solar energy sector. For more information, please contact Matt Wayrynen: 604.682.3701 or [email protected]. Other information available at www.berkleyrenewables.com.

ON BEHALF OF THE BOARD

”Matt Wayrynen”_______

Matt Wayrynen President and Chief Executive Officer

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. This release may contain statements that are considered as forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading “Risk Factors” and elsewhere in the Company’s periodic filings with Canadian securities regulators. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.