Guerrero Issue Further Shares to Acquire Chapalota Gold Property in Sinaloa, Mexico
Guerrero Exploration Inc. announces that it has applied for regulatory approval to issue a total of 300,000 common shares at a deemed issue price of $0.06 per share in respect to its previously described Letter Agreement with Riverside Resources Inc. dated March 3, 2011, and outlined in further detail in the press release dated March 7, 2011. The agreement provides for 150,000 shares to be issued 12 months and 18 months from the effective date. The shares will be subject to a 4 month hold period.









