Berkley Renewables Inc. (DB:W8O1) announced a non-brokered private placement of up to 1,500,000 units at CAD 0.10 per unit for gross proceeds of up to CAD 150,000 on November 16, 2012. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share at a price of CAD 0.20 per warrant share for a period of two years.