DALLAS, TX--(Marketwire -01/09/12)- Southridge Enterprises Inc. (Pinksheets: SRGE.PK - News) ("Southridge" or the "Company") is pleased to announce that it has been listed on the "Servicio Geologico Mexicano" (SGM) website. SGM provides economic and financial information for the mining industry and metals for the utilization of the mineral resources for the country of Mexico and is part of the Mexican Federal Government's division of "Secreteria de Economia" (SE).
Michael Davies, President and CEO, said, "The listing on the SGM Website is another milestone in the long process of updating the mining registry, which is nearing completion now. Once the Mexican Mining registry update is completed and reflects the Company's current ownership interest in the Cinco Minas mineral concessions, we expect to immediately finalize and close on numerous Joint Venture and Financing proposals that have been in negotiations over the last year."
For further information on the Company's SGM listing visit:
Southridge Investors can access the following Southridge Minerals social media channels:
Twitter:
(http://twitter.com/SouthridgeSRGE)
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Southridge Minerals, Inc. is a U.S.-based mineral exploration company dedicated to acquiring and developing mineral resources in geologically permissible and politically stable areas of the world. The Company seeks out early stage opportunities with good mineralization indicators that exhibit significant blue-sky potential. Southridge pursues and advances these projects that are or will be of interest to mid-size and major producers. By forming alliances on individual projects, the Company expects to develop its interests in mines operated by its partners, allowing it to continue to build value through continued exploration. Southridge is currently focused on projects in Mexico.
What sets Southridge apart is its vast experience in Mexico and the knowledge of the geological conditions and formations pertaining to known large gold deposits that have received very little attention to date. This comparative advantage, combined with a specific geographical and mineral focus, will allow for more efficient asset and income growth in the future for the benefit of shareholders' investments.
Forward-Looking Statements
Although the Company believes that the forward-looking statement of beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's published current and periodic reports.
Contact:
Karen Mills
Investor Relations
Tel. (214) 699-6255
Email: Email Contact
Website: http://www.southridgeminerals.com
