Canadian Orebodies Inc fka CO

[SPARK]

CANADIAN OREBODIES INC. ("CO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 18, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced December 21, 2009 and
December 31, 2009:

Number of Shares: 4,195,333 flow-through shares and
1,540,000 non flow-through shares

Purchase Price: $0.12 per flow-through share
$0.10 per non flow-through share

Warrants: 2,867,666 share purchase warrants to
purchase 2,867,666 shares

Warrant Exercise Price: $0.20 for a two year period

Number of Placees: 13 placees

Finder's Fee: An aggregate of $46,995 in cash and
510,200 finders' warrants payable to
Limited Market Dealer, Pope & Company
Limited, Octagon Capital Corporation, All
Group Financial Services and CIBC World
Markets Inc. Each finder's warrant
entitles the holder to acquire one unit at
$0.12 for a two year period.

Note that in certain circumstances the Exchange may later extend the
expiry date of the warrants, if they are less than the maximum
permitted term.