Guerrero Exploration Inc.
TSX VENTURE : GEX

Guerrero Exploration Inc.

June 29, 2011 04:00 ET

Guerrero Adds Institutional Investment Banking Services Expert, Kevin Ernst Joins Advisory Board; Engages Ernst Capital Partners Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 29, 2011) - Guerrero Exploration Inc. ("Guerrero" or the "Corporation") (TSX VENTURE:GEX) is pleased to announce that Mr. Kevin Ernst has joined the Advisory Board and that the Corporation has engaged Ernst Capital Partners Inc.

David Stadnyk, President & CEO of Guerrero Exploration Inc., stated, "We are very pleased to welcome Mr. Ernst to the Guerrero Advisory Board. Mr. Ernst will be invaluable with his extensive experience in the financial industry. Guerrero has engaged Ernst Capital Partners Inc., an investment boutique headquartered in New York City, to provide Guerrero institutional investment services."

Mr. Ernst is the former Managing Director of Global Sales for the American Stock Exchange. Mr. Ernst has over 22 years of high net worth services and investment management consulting experience with some of the financial industry's leading organizations including Merrill Lynch, UBS, NYSE Amex and NYSE Euronext China. Mr. Ernst earned both his Bachelor's Degree and MBA in Finance from Rutgers University. He also earned a Certified Investment Management Analyst (CIMA) designation through the Wharton School of the University of Pennsylvania and holds both his Series 7 and 66 registrations with FINRA.

Mr. Ernst currently serves as Managing Partner at Ernst Capital Partners Inc., an investment boutique headquartered in New York City. They focus on the natural resource, oil & gas, and alternative energy sectors. Ernst Capital Partners Inc. provides institutional non-deal road shows and investment banking services. In addition, Ernst Capital Partners Inc. directs and advises hundreds of companies based in Canada, China, Australia and the U.S to U.S. senior exchange and OTCQX listings.

Ernst Capital Partners Inc. is a division of Concept Capital Markets, LLC. Concept Capital Markets, LLC, is a leading institutional broker and total solutions provider for global investment managers. Concept Capital Markets, LLC provides proprietary research, an experienced hands-on institutional trading desk for traditional buy-side customers, hedge funds, and registered investment advisors, a full suite of prime brokerage services, fund administration, real-time risk management and portfolio analytics.

Concept Capital Markets, LLC is a registered broker dealer with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA). Securities offered through Sanders Morris Harris Inc.

About Guerrero Exploration Inc.

Guerrero is committed to a long term business strategy designed to achieve optimal levels of profitability and shareholder value. Guerrero 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".

Advisory

Certain statements and information contained in this press release, including but not limited to management's assessment of Guerrero's future plans and operations, geological results and proposed exploration plans contain forward-looking statements. In particular, this press release contains statements concerning the anticipated completion and review of exploration programs and assays. All statements other than statements of historical fact may be forward looking statements. These statements, by their nature, are subject to numerous risks and uncertainties, some of which are beyond Guerrero's control including the effect of general economic conditions, industry conditions, changes in regulatory and taxation regimes, volatility of commodity prices, escalation of operating and capital costs, currency fluctuations, the availability of services, imprecision of reserve estimates, geological, technical, drilling and processing risks, environmental risks, weather, the lack of availability of qualified personnel or management, stock market volatility, the ability to access sufficient capital from internal and external sources and competition from other industry participants for, among other things, capital, services, acquisitions of reserves, undeveloped lands and skilled personnel that may cause actual results or events to differ materially from those anticipated in the forward looking statements. Such forward-looking statements, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated in the statements made and should not unduly be relied on. These statements speak only as of the date of this press release. Guerrero does not intend and does not assume any obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Guerrero's business is subject to various risks that are discussed in its filings on the System for Electronic Document Analysis and Retrieval (SEDAR).

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.

Contact Information

  • Guerrero Exploration Inc.
    David Stadnyk
    President and Chief Executive Officer
    (604) 685-0088 Ext. 229

    Guerrero Exploration Inc.
    Investor Relations
    (604) 685-0088 Ext. 228
    info@grxpl.com