TORONTO, ONTARIO — (Marketwire) — 11/05/12 — Gordon McKinnon of 3130 Airport Road, Timmins, Ontario P4N 7H9 announces that on November 5, 2012, pursuant to the terms of the Haig Inlet Iron Project Purchase Agreement previously announced by Canadian Orebodies Inc. ("Orebodies") on June 15, 2011, he acquired 15,991,500 common shares, 115,000 warrants and options to purchase a further 2,000,000 common shares of Orebodies for investment purposes. As a result of this acquisition, Mr. M