Stock Info
| July 28, 2010 Canadian Orebodies Announces Appointment Of Chief Financial Officer And Grant Of Options | |
TORONTO, July 28, 2010 - Canadian Orebodies Inc. (TSXV: CO) ("the Company") is pleased to announce that as of today it has engaged the services of Mr. Joseph Heng, C.A., and effective August 1, 2010 Mr. Heng has been appointed to the position of Chief Financial Officer and Corporate Secretary for the Company. Mr. Gledhill the current Chief Financial Officer and Corporate Secretary will remain on as a consultant for a transition period until August 15, 2010. The Company would like to thank Mr. Gledhill who has served as the Chief Financial Officer and Secretary since January 2008 for his service and contributions to the Company. Mr. Heng graduated as a Chartered Accountant in 1973 and has over 20 years of public accounting and corporate finance experience in Canada and the United States. From 1973 to 1978, Mr. Heng worked in the public accounting industry and thereafter in the real estate development industry. Since 1990, Mr. Heng has applied his skills as a consultant in the field of accounting, tax and finance to small and medium size companies in various industries from manufacturing, retail, construction and junior mining companies. For the past 10 years, Mr. Heng has been involved primarily with junior mining public companies and holds directorship, corporate secretary and CFO positions in several of the companies he is associated with. The Company also announces that it has granted incentive stock options to Directors, Officers and consultants of the Company in the aggregate amount of 1,925,000 under the terms of the incentive stock option plan of the Company. The options are exercisable at a price of $0.10 per share for a period of five years and are subject to a four month hold period from the date of the issuance thereof. For more information please contact: Gordon McKinnon, President & CEO Canadian Orebodies Inc. (705) 268-9000 www.canadianorebodies.com The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release. | |
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