Ginguro Exploration Inc. announces the confirmation and approval by shareholders of amendments to its By-Laws, at the Corporation's recently held Annual and Special Meeting of Shareholders. Newly confirmed and approved By-Law 2 includes a provision that requires advance notice to the Corporation in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of the Corporation other than pursuant to (i) a requisition to call a shareholders meeting made pursuant to the provisions of the Canada Business Corporations Act (the "CBCA"), or (ii) a shareholder proposal made pursuant to the provisions of the CBCA (the "Advance Notice Provision"). Among other things, the Advance Notice Provision fixes a deadline by which holders of record of common shares of the Corporation must submit Director nominations to the Corporation prior to any annual or special meeting of shareholders.

Ginguro Exploration Inc. provided an update on recent corporate and Pardo project activities. Over the course of the past winter, the Company has undertaken a comprehensive geotechnical program of drill core review, drawing from its extensive archive of drill core from the Pardo Project of more than 340 individual drill holes. Under the supervision of Dr. Lawrence Minter, the preeminent authority on paleo-placer gold deposits, a very systematic re-logging of selected Pardo intersections has been ongoing. As part of this process, the ancient surfaces upon which gold was deposited are being correlated to each other. This is being done in order to define key sedimentological relationships that identify prospective areas and trends where higher grade gold can be expected. The Company has also identified numerous areas where gold mineralization occurs at surface under shallow overburden. The company announced the appointment of Alan King to its Advisory Board. Mr. King is a geophysicist who most recently served as the Chief Geophysicist for Vale's global exploration operations. Mr. King currently acts as a geophysical consultant through Geoscience North.

Ginguro Exploration Inc., Annual General Meeting, May 01, 2013., at 14:00 US Eastern Standard Time. Location: Cassels, Brock & Blackwell, LLP. Agenda: To consider the financial statements of the Corporation for the fiscal period ended December 31, 2012; to elect directors; to appoint auditors and to authorize the directors to fix their remuneration; to pass with or without variation a resolution confirming the existing stock option plan of the Corporation; to approve a new By-Law No. 2 for the Corporation; and to transact such further or other business as may properly come before the Meeting or any adjournment or adjournments thereof.