VANCOUVER, BRITISH COLUMBIA, Oct 18, 2011 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Corporation”) (tsx venture:GEX) announces that it has issued 290,000 options on October 7, 2011 to a consultant at an exercise price of $0.16 per share for a term of 5 years. These options vest immediately. The last closing price on the TSX-V prior to October 7, 2011 was $0.16.
About Guerrero Exploration Inc.
Guerrero Exploration Inc. is committed to a long term business strategy designed to achieve optimal levels of profitability and shareholder value. Guerrero Exploration Inc. is a Canadian based exploration mining company with a focus on the high yielding Mexican copper, gold and silver mining area known as the Southern Mexican Gold Belt and the Sierra Madre Occidental Belt. The Corporation’s common shares trade on the TSX Venture Exchange under the symbol “GEX”.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Guerrero Exploration Inc.
David Stadnyk
President and Chief Executive Officer
(604) 685-0088 Ext. 229Guerrero Exploration Inc.
Investor Relations
(604) 685-0088 Ext. 226
[email protected]www.grxpl.com
