Canadian Orebodies Inc. - Company News - Canadian Orebodies Announces Grant of Stock Options

	August 05, 2011 Canadian Orebodies Announces Grant of Stock Options
	TORONTO, Aug 05, 2011 -- Canadian Orebodies Inc. (TSXV: CO) ("the Company") announces that it has granted an employee of the Company stock options in the aggregate amount of 200,000 under the terms of the incentive stock option plan of the Company. The options are exercisable at a price of $0.265 per share for a period of five years and are subject to a four month hold period from the date of the issuance thereof. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release. For more information please contact: Gordon McKinnon, President & CEO Canadian Orebodies Inc. (705) 268-9000 www.canadianorebodies.com

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