Calgary - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (the "Corporation" or "Guardian") announces that it has agreed to issue 200,000 common shares, at a deemed price of $0.115 per share, to retire $23,000.00 of indebtedness owing to an arm's length contractor. Completion of the debt settlement is subject to the approval from the TSX Venture Exchange (the "TSXV").
All of the shares issued in connection with the debt settlement will be subject to a statutory four-month hold period in accordance with applicable securities laws.
About Guardian Exploration Inc.
Guardian is a TSXV listed company (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) in the business of oil and gas as well as mineral exploration and development. Guardian's prospects include the Mount Cameron Property located in the Yukon's Mayo Mining District, mineral claims located on southern Dall Island, Southeast Alaska, USA, known as the Kaigani claims, and the Sundog gold project located in Kivalliq Region, Nunavut.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Graydon Kowal
President and CEO
(403) 730-6333
Trading in the securities of Guardian Exploration Inc. should be considered highly speculative. 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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Calgary - Guardian Exploration Inc. (TSXV: GX) (OTCQB: GXUSF) (Frankfurt: R6B) (the "Corporation" or "Guardian") announces that it has agreed to issue 200,000 common shares, at a deemed price of $0.115 per share, to retire $23,000.00 of indebtedness owing to an arm's length contractor. Completion of the debt settlement is subject to the approval from the TSX Venture Exchange (the "TSXV"). 
