Cotton & Western Mining Inc. (CWRN)

[mediscience]

property restrictions do apply in this zone for foreigners

Mexico imposes restrictions on foreign ownership of land within 50 kilometers of the coast and within 100 kilometers of a land border. However, they allowed, in the 1990s, foreigners to hold property in these zones through a fideicomiso (bank trust). There have been rumors that Mexico might eliminate this restriction altogether; however, currently the only way for a foreigner to hold property in the restricted zones is through a trust.