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Re: News Releases - Tuesday, March 11, 2008
Donald McKinnon Announces the Acquisition of Common Shares and
Option of Canadian Orebodies Inc.
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TORONTO, March 11, 2008 -- Donald McKinnon announces that on March 10,
2008 he acquired, pursuant to the terms of an arrangement of Baltic
Resources Inc. ("Baltic") and involving Canadian Orebodies Inc.
("Orebodies"), 5,395,232 common shares and options to purchase a
further 200,000 common shares of Orebodies at a price of CDN$0.03 per
common share until August 15, 2010. As a result of this acquisition of
common shares, Mr. McKinnon now holds 5,395,232 common shares of
Orebodies representing 14.57% of the issued and outstanding common
shares of Orebodies, as well as options to purchase a further 200,000
common shares. An Early Warning Report respecting this transaction has
been filed on SEDAR and can be viewed at www.sedar.com.
For further information please contact:
Gordon McKinnon
Chief Executive Officer
Canadian Orebodies Inc.
Telephone: (416) 933-6362 or (705) 268-9000
E-mail: gmckinnon@balticresources.ca
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Copyright (c) 2008 BALTIC RESOURCES INC. (BLR) All rights reserved.
For more information visit our website at
http://www.balticresources.ca/ or send mailto:akelcey@christinet.ca
Message sent on Tue Mar 11, 2008 at 11:05:41 AM Pacific Time
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