Southridge Enterprises Inc (SRGE)

[MpPUDD]

focused and thorough plan.


Bandera Gold Ltd. Provides Update on Judicial Proceedings to Enforce its Ownership Rights over the Cinco Minas and Gran Cabrera Prope Rties in Mexico
This is from Bloomberg the rulings in Bandera's favor were thrown out and the Federal court ruled against them
Aug 31 11

Bandera Gold Ltd. announced that it has been made aware by its Mexican counsel that the Mexican Supreme Court has ruled on the company's petition for review of the constitutionality of a previous decision of September 30, 2010 by the 5th Collegiate Court of Jalisco, acting as an 'amparo' Court, upholding the decision of such Court. The challenged decision of the 5 Collegiate Court of Jalisco had ruled that the company's case should be decided by Mexican Federal Courts, rather than by State Courts. This had the effect of (i) voiding the decisions of the 9th Supreme Court of Jalisco (acting as appellate Court) of March 22, 2010 and of the 5th Mercantile Court (acting as first instance Court) of July 7, 2009; both of which had upheld the company's petition to enforce its ownership rights over the Properties; and (ii) having the case sent for decision to the relevant Federal Court. The official written ruling has not yet been released and is not available to the parties. The company's counsel expects for the ruling to be available within the next 30 days.