Berkley Renewables Closes Private Placement

Berkley Renewables Inc. (CNSX:BKS)(FRANKFURT:WKN 871666)(BERLIN:WKN 871666)
("Berkley" or the "Company") is pleased to announce it has closed a non-brokered
private placement originally announced on November 16, 2012. The Company placed
515,000 units (the "Units") for aggregate proceeds of $51,500. Each Unit
consists of one common share and one-half of one common share purchase warrant
(the "Warrant"). Each whole Warrant will entitle the holder thereof to purchase
one additional common share (the "Warrant Shares") of the Company at a price of
$0.20 per Warrant Share for a period of two years following the close of the
private placement. Proceeds arising from the sale of the Units will be used for
general working capital purposes.


Berkley Renewables Inc. is a growth-oriented oil and gas issuer pursuing
renewable energy opportunities, primarily in the solar energy sector.


ON BEHALF OF THE BOARD

Matt Wayrynen, President and Chief Executive Officer

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Berkley Renewables Inc.
Matt Wayrynen
President and Chief Executive Officer
604-682-3701
604-682-3600 (FAX)
[e-mail]
www.berkleyrenewables.com