Canadian Orebodies Inc. (TSX VENTURE:CO) ("the Company") is pleased to announce
that effective March 1, 2013 Mr. Fraser Laschinger has been appointed to the
position of Chief Financial Officer and Corporate Secretary for the Company. Mr.
Laschinger has been with Canadian Orebodies since 2011 leading the Company's
corporate development initiatives.


Mr. Joseph Heng, the current Chief Financial Officer and Corporate Secretary
will remain on as a consultant to ensure a seamless transition. The Company
would like to thank Mr. Heng, who has served as the Chief Financial Officer and
Secretary since August 2010, for his service and contributions to the Company.


About Canadian Orebodies Inc.

Canadian Orebodies is a Canadian-based mineral exploration company with a
portfolio of properties in Nunavut and Ontario. Canadian Orebodies' primary
focus is on advancing and developing its wholly-owned Haig Inlet Iron Project,
located on the Belcher Islands in Nunavut. The Haig Inlet Iron Project is host
to an indicated iron resource of 230 million tonnes at 35.17% Fe and an
additional inferred resource of 289 million tonnes at 35.47% Fe. Canadian
Orebodies trades on the TSXV under the symbol "CO".


For more information please visit www.canadianorebodies.com.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Orebodies Inc.
Gordon McKinnon
President & CEO
(705) 268-9000
www.canadianorebodies.com


First Canadian Capital Corp.
Investor Relations
Jason Monaco
(416) 742-5600
jmonaco@firstcanadiancapital.com


First Canadian Capital Corp.
Investor Relations
Jamie Frawley
(416) 742-5600
jfrawley@firstcanadiancapital.com