Ginguro Exploration Inc. announced that Carmelo Marrelli has been appointed to the position of Chief Financial Officer of the company. Ginguro also confirms that Guy Mahaffy has resigned as Chief Financial Officer and a Director of the company, as previously announced. Ginguro also announced that Richard Murphy will step down from his position of President and CEO effective April 30, 2015.

Mr. Murphy will remain on the Board of Directors. The role of CEO will be assumed by Wayne Whymark, the Company's current Executive Chairman. The company also announced that Mr. Robert Scott Heatherington has been appointed to the Board of Directors of Ginguro.

Mr. Heatherington h joined the Canadian Federal Department of Manpower and Immigration in 1971 and has served abroad in Hong Kong, Moscow, Bangkok, London and Bonn. Mr. Heatherington served as Canadian Ambassador to Latvia, Lithuania, and Estonia from July 2008 to December 2011.