Southridge Enterprises Inc (SRGE)

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SRGE Mega Volume 111MM and Mega Breakout Run coming...

SRGE->NEWSSSSS STATES SRGE IS CASH RICH->READ

News-> Southridge Minerals Reports Third Quarter Production Revenues and Profits...

DALLAS, Nov. 1, 2012 /PRNewswire/ -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, announces today it recently filed its financial results with the OTC Markets for the third quarter of fiscal 2012. The Company reported net income of $311,611 on revenues of $942,314 for the period ending May 31, 2012. The results for the quarter represented the achievement of a significant milestone for the Company in its initiation of mineral production at the Cinco Minas facility in Jalisco, Mexico.

Southridge Minerals currently holds a portfolio of mineral properties located in several world-class mining regions of Mexico. The properties include the past producing and flagship property Cinco Minas, along with the Gran Cabrera, Los Compadres, La Esperanza and La Canita.

With metal prices forecasted to remain buoyant, properties that offer significant potential for Gold and Silver occurrence, a diverse management team, and a strong cash position, Southridge Minerals is well positioned to develop its opportunities and build shareholder value.

For further information on the Company's Gold and Silver projects, visit our website: http://www.southridgeminerals.com.

Southridge Investors can access the following Southridge Minerals social media channels:

YouTube Cinco Minas Mexico Project:

Facebook:
http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466
Twitter: http://twitter.com/SouthridgeSRGE

About Southridge Minerals, Inc. (SRGE)
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.


Southridge Enterprises Inc.
Investor Relations
Tel. [phone]
Email: [e-mail]
http://www.southridgeminerals.com

SOURCE Southridge Enterprises Inc.

Copyright 2012 PR Newswire

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Monday, November 05, 2012 6:21:24 PM
Re: janice shell post# 53458
Post # of 53470
This will go over without a hitch IMO