Berkley Renewables Completes Private Placement

Berkley Renewables Inc. ("Berkley" or the "Company") (CNSX:BKS)(FRANKFURT:WKN
871666)(BERLIN:WKN 871666) is pleased to announce it has completed a non-
brokered private placement originally announced on August 1, 2012. The Company
placed 5,115,000 units (the "Units") for aggregate proceeds of $511,500. 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.