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Guerrero Exploration now trading on Frankfurt exchange to enhance brand in Europe

Guerrero Exploration (CVE:GEX)(FRA:2GU.F) said Friday that its shares have now been listed and are trading on the Frankfurt Stock Exchange, in a bid to bolster its presence in Europe.

Guerrero, a Canada-based exploration mining company with a focus on Mexican gold, copper and silver properties, is now trading under the symbol "2.GU.F" in Frankfurt.

In a statement, chief executive, David Stadnyk, said: "The new listing on the Frankfurt Stock Exchange provides additional awareness to a new base of European investors.

"The recent addition of James Ladner, Kilchberg (Zurich), to the board of directors should also help in this respect."

Late last month, the company appointed investment banker Ladner to its board. He is a Swiss citizen who resides in Zurich, and is a graduate of the University of St. Gallen, Switzerland, in economics and business administration.

Guerrero Exploration has claims on the Guerrero Gold Belt, the Southern Mexican Gold Belt and the Sierra Madre Occidental Belt.

The company is earning a 70 percent stake in the Chapalota gold project through a joint venture deal with Riverside Resources(CVE:RRI).

Shares of Guerrero were changing hands Friday at around 16 cents on Toronto’s junior stock exchange.