Southridge Minerals Reports Third Quarter Production Revenues and Profits
Southridge Enterprises Inc. 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.