Southridge Enterprises Inc (SRGE)

[samsamsamiam]

SRGE SIGNIFICANT DD as of 26 Dec 2012…

There have been some questions concerning SRGE. The following post/links below should provide answers to all of the questions concerning SRGE or at least from what I have read up to this date.

SRGE $550M/$600M Joint Venture (JV) Confirmation News with KGC:NYSE (Kinross):
finance.yahoo.com/news/southridge-announces-joint-partnership-kinross-140000696.html
http://ih.advfn.com/p.php?pid=nmona&article=55596766


http://www.kinross.com/


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Given Kinross' own website has posted a denial of any relationship with SRGE - this post needs to be deleted/corrected so as to not confuse any future shareholders.

http://www.kinross.com/news-articles/2012/122712-kinross-issues-clarification-regarding-announcement-by-southridge-enterprises.aspx


12.27.12 - Kinross issues clarification regarding announcement by Southridge Enterprises









Toronto, Ontario, December 27, 2012 - Kinross Gold Corporation (TSX: K; NYSE: KGC) would like to clarify a news release issued by Southridge Enterprises Inc. ("Southridge") on December 26th, 2012 announcing a joint partnership between itself and Kinross relating to the Cinco Minas and Gran Cabrera properties in Mexico. The news release contained a number of statements regarding the value and status of the joint venture, and a quote from a Kinross employee.

Kinross wishes to make clear that there is no such joint partnership, joint venture or other similar such arrangement or agreement in place, and nor do we expect there to be such a joint partnership, agreement, acquisition, investment or other equivalent transaction involving Kinross and Southridge in the foreseeable future. The statements regarding the value and status of the joint partnership are, to the best of Kinross' knowledge, without any basis in fact. The statement attributed to the Kinross employee in the Southridge news release was incorrectly attributed to him.

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Previously a sticky was removed once the Tier change happened on pinksheets because it was no longer accurate. In fairness to investors - presenting a statement as DD that a joint venture has been confirmed but the JV NYSE company has now put out an official press release denying it - that sticky is no longer accurate and should be deleted.

Thank you