Guerrero Exploration Inc.

Guerrero Exploration Inc.

November 21, 2011 04:00 ET

Guerrero Announces Swiss Banking and Finance Executive James Ladner Joins the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 21, 2011) - Guerrero Exploration Inc. ("Guerrero" or the "Company") (TSX VENTURE:GEX) is pleased to announce that subject to regulatory approval, Mr. James Ladner has been appointed to the Board of Directors. Mr. Ladner, a Swiss citizen residing in Zurich, is a graduate of the University of St.Gallen, Switzerland, in economics and business administration. He is an investment banker with extensive experience in the resource sector.

Mr. Ladner was a co-founder and managing director of RP&C International, London, and served as the non-executive chairman of Bank Austria (Switzerland) Ltd. Previously, he was an Executive Vice President of Coutts Bank (Switzerland) Ltd. He has also served on the board of numerous other companies, funds and banks in Switzerland and abroad (Energy Capital Investment Co plc, Equator Exploration Ltd., StrataGold Corporation, Pan Pacific Aggregates plc, Nevoro Inc., Colombia Gold plc, Coastport Capital Inc., Porto Energy Corp.). He is a former Member of the Swiss Admissions Commission, listing on Swiss Stock Exchanges, and of the Capital Market Commission of the Swiss National Bank.

Mr. Ladner is presently a director of Oracle Energy Corp., Colt Resources Inc., Royal Coal Corp., Ardent Mines Limited, Red Rock Resources plc, Ghana Gold Inc. and others.

Guerrero's President and CEO, David Stadnyk, stated, "We are pleased to have Mr. Ladner join the Board of Directors. Mr. Ladner's experience will be of assistance in the Company's proposed drill and work exploration programs for the coming year. Mr. Ladner will strengthen our ability to meet our corporate governance and strategic milestone objectives and he will improve our access to the mining investment finance community in Europe."

About Guerrero Exploration Inc.

Guerrero Exploration Inc. is a Canadian-based exploration mining company with a focus on Mexican gold, copper and silver mining areas known as the Guerrero Gold Belt, 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). For further information please visit or contact investor relations.

On Behalf of the Board of Directors

David Stadnyk, President and CEO


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 receipt of government claims approval. 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, government approvals, 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.

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