| Ginguro Signs Letter of Intent with Government of Latvia for Mineral Exploration in Latvia's Kurzeme Complex | |
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SUDBURY, ONTARIO--(Marketwired - Apr 28, 2014) - Ginguro Exploration Inc. (TSX VENTURE:GEG) (the "Company") and the Government of Latvia today announced that, effective April 25th, 2014, they have jointly concluded a non-binding Letter of Intent ("LOI") in respect of potential mineral exploration of the Kurzeme Complex in Latvia. The LOI is the first formal step of cooperation taken by the parties. It is the Latvian government's objective to ensure respect for economic interests of Latvia and its peoples and to ensure the existence of environmental protection regulations in the mining sector. For this purpose, a certain regulatory framework is necessary. Latvian government has created a working group and started extensive work on putting in place mining legislation and defining Latvian interests. About Ginguro Ginguro Exploration Inc. is a mineral exploration company focused on the advancement of its Pardo paleo-placer gold property, located in Pardo Township in northern Ontario. To learn more about Ginguro Exploration Inc., please visit: www.ginguro.com. The Qualified Person responsible for the geological technical content of this news release is Richard Murphy, P.Geo, President and CEO of Ginguro Exploration Inc. Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" in the Corporation's filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Corporation does not assume any obligation to update any forward-looking statements, save and except as may be required by applicable securities laws. Neither 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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Ginguro Exploration Inc
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CODE : GEG.V |
ISIN : CA37610X1015 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Ginguro is a exploration company based in Canada. Ginguro holds various exploration projects in Canada. Its main exploration property is MINNITAKI in Canada. Ginguro is listed in Canada and in Germany. Its market capitalisation is CA$ 27.3 millions as of today (US$ 27.0 millions, € 17.3 millions). Its stock quote reached its lowest recent point on November 21, 2008 at CA$ 0.02, and its highest recent level on April 09, 2010 at CA$ 0.80. Ginguro has 85 180 000 shares outstanding. |