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Canadian Orebodies Announces Grant of Stock Options

2008-03-31 13:47:00

Canadian Orebodies Announces Grant of Stock Options

TORONTO, ONTARIO–( EMWNews – March 31, 2008) – Canadian Orebodies Inc. (TSX VENTURE:CO) (“the Company”) announces that it has granted Directors, Officers and consultants of the Company stock options in the aggregate amount of 2,150,000 under the terms of the incentive stock option plan of the Company. The options are exercisable at a price of $0.18 per share for a period of five years and are subject to a four month hold period from the date of the issuance thereof. This leaves the Company 753,100 options remaining under the plan available for future issuance.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Canadian Orebodies Inc.
Gordon McKinnon
President & CEO
(705) 268-9000

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