NI 43-101 TECHNICAL REPORT MINERAL RESOURCE ESTIMATE on the LAC GUÉRET SOUTH GRAPHITE PROPERTY Lac Manicouagan area, MRC Manicouagan, Côte-Nord Region, Québec, Canada by Edward Lyons, PGeo (BC, QC, NL) Senior Author TEKHNE RESEARCH INC. Victoria, BC & Florent Baril, ing (QC) (Mineral Processing and Metallurgical Testing) BUMIGEME INC. Montreal, Québec & Claude Duplessis, ing (QC) (Mineral Resource Estimate) GOLDMINDS GEOSERVICES INC. Québec, Québec for BERKWOOD RESOURCES ltd. Vancouver, BC Effective Date 19 June 2019 Issue Date 30 June 2019