Canadian Orebodies Doubles Land Position at Wire Lake Through Acquisition of the Black Raven Propert

DeMarco Allan LLP acts as counsel to Canadian Orebodies Inc. (TSX-V: CORE) in connection with its entry into an agreement to acquire up to a 100% interest in the Black Raven Property near Marathon, Ontario, in the northwest portion of the Hemlo Greenstone Belt. In connection with the acquisition agreement, Canadian Orebodies also entered into an termination and assumption agreement whereby an underlying option was terminated, certain payment obligations of the vendor were discharged and certain royalty obligations were assumed by Canadian Orebodies.

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