TORONTO, ONTARIO--(Marketwire - Nov. 18, 2011) - Canadian Orebodies Inc. (TSX VENTURE:CO) (the "Company") is pleased to announce that it has closed on its first tranche of a non-brokered private placement (the "Financing") for aggregate gross proceeds of $1,309,250 through the sale of 1,500,000 units of securities of the Company (each, a "Unit") at a price of $0.30 per Unit and 2,455,000 "flow-through" units of the Company (each, a "Flow-Through Unit") at a price of $0.35 per Flow-Through Unit. |