Southridge Enterprises Inc. (PINKSHEETS:SRGE) announced the company had acquired La Canita Gold Mine in Durango, Mexico.
Coral Springs, FL -- (SBWIRE) -- 10/15/2012 -- WallStreetInvestorNews.com "Active Stocks to Watch for 10/15/12": Southridge Enterprises Inc. (OTC: SRGE), Pristine Solutions Inc. (OTCQB: SANP), TagLikeMe Corp. (OTCQB: TAGG), Herborium Group Inc. (OTC: HBRM)
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Monday morning, after the market opened for trading, Southridge Enterprises Inc. (PINKSHEETS:SRGE) announced the company had acquired La Canita Gold Mine in Durango, Mexico.
SRGE signed a definitive agreement with San Dimas Mineria S.A. to acquire a 100% interest in the "La Canita" Gold property, in the state of Durango, Mexico. The Purchase Price for the assets comprising the mineral concessions "La Canita" shall be USD$3,550,000. La Canita is located in the San Dimas mining municipality of Durango, in close proximity to the Sinaloa border.
The La Canita property consists of 7,932 acres and, along with the concessions; the Company has received an appraisal estimating potential resources of 185,000 oz. of gold, having a current market value in excess of $320,000,000 USD. Southridge plans to carry out additional mapping, trenching, sampling and follow-up geophysics to define future drill targets.
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Santo Mining Corporation (OTCQB:SANP) - is an aggressive junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploring of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. The Dominican Republic is experiencing an unprecedented gold mining rush. During the last three years it is estimated total investment in the mining sector is between $4-5 Billion. New exploration around Spanish Colonial metal workings and some Greenfield locations resulted in a proliferation of near-term gold production opportunities.
TagLikeMe Corp. (OTCQB: TAGG) a social media development company, announces it will offer a direct access gateway in order to provide Facebook users with its new socially powered search, save and share platform TagLikeMe.com within the application.
TagLikeMe.com is part of the new social media phenomenon know an as Shared Information Networks.
Herborium Group, Inc., (OTC: HBRM), a Botanical Therapeutics Company, announced today that based on the results of the 3rd Quarter, and estimated performance in the 4th Quarter 2012, as well as rapid growth of sales and popularity of Kamasutra(TM) spirit containing the Company's proprietary herbal formulation, the Company expects estimated revenues in 2013 to reach 7 figures.
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