On March 3, 2020, Canadian Orebodies Inc. (TSXV:CORE) closed the transaction. The company issued 4,920,000 common shares for gross proceed of CAD 492,000, 850,000 flow-through common shares for gross proceeds of CAD 102,000, and 4,000,000 premium flow-through common shares for gross proceeds of CAD 580,000; for an aggregate gross proceeds of CAD 1,174,000. The transaction included participation from returning investors, Northfield Capital Corporation (TSXV:NFD.A) for 5,000,000 shares to own 15,762,650 shares or 24.75% stake increasing from 10,762,650 shares or 19.97% stake and O3 Mining Inc. (TSXV:OIII).

The transaction included participation from 14 placees, insiders of the company and Robert Cudney. The securities issued in the transaction is subject to a hold period expiring July 4, 2020. The company paid cash finders' fees of CAD 13,140 in relation to the transaction.