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  4. Southridge Enterprises Inc. (SRGE) Message Board

Same price as listed here... https://investorsh

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Post# of 9903
(Total Views: 458)
Posted On: 09/01/2019 6:00:17 PM
Avatar
Posted By: energy_wave
Re: nightfly #9066
Same price as listed here...

https://investorshub.advfn.com/boards/read_ms...=134490273

Quote:
Anticipating Friday, 09/08/17 07:55:20 PM
Re: None 0
Post # of 167496

OF COURSE OMAR WASN'T ON THE TITLE... THE TRUTH IS...it was Alejandro De Leon that sold Cinco Minas to SRGE!

READ AND UNDERSTAND! big smile

March 2009, Alejandro De Leon sold Cinco Minas concession titles to Omar Alejandro Flores Madrigal. Alejandro De Leon's name is currently on titles of the Cinco Minas properties. This can be verified by going to the Mexican Mining Registry and doing a search on titles.On March 27, 2009, Southridge entered into a Mineral Exploration Agreement with Omar Alejandro Flores Madrigal/Comercalizadora, Servicios Y Distribuidora Track, S.A. DE C.V. for a 100% interest in the Cinco Minas and Gran Cabrera Gold properties and mineral concessions in Mexico for a total purchase price of $7,500,000 USD. This and more detailed information was disclosed in Financial Statements that conform with U.S. GAAP, filed on the OTC Markets/Pink Sheets.


Enter any of the below numbers...will show Alejandro De Leon/Alfonso Sanchez
https://appsiam.economia.gob.mx/siamweb/secur...rgaTarjeta
224768
224599
205578
221864
165974
183638
206076
214168
218973

Alejandro De Leon Garcia was the individual from MSJ that sold these concessions to Mr. Omar Alejandro Flores Madrigal/COMERCALIZADORA, SERVICIOS Y DISTRIBUIDORA TRACK, S.A. DE C.V. and in turn sold to Southridge Enterprises Inc. wink
www.economia-dgm.gob.mx/TarjetaACC.htm

After the purchase agreement for Cinco Minas was completed, Southridge also signed a Surface Rights contract with the Ejidatarios of Cinco Minas...if you don't have Surface Rights you can't ACCESS the property no matter if you have the mineral concessions titles. Having mineral concession gives the right to the minerals "UNDER-THE-SURFACE". The concession holder works out a deal with the land owners, who in this case would be the "Ejidatarios"** of Cinco Minas!
http://www.marketwired.com/press-release/sout...643611.htm



As Stated on page 51 of the August 31, 2012 Annual Report.. smile

On March 27, 2009, the Company entered into a Preliminary Mineral Exploration Agreement with Omar Alejandro Flores Madrigal for a 100% interest in the Cinco Minas and Gran Cabrera Gold properties and mineral concessions in Mexico for a total purchase price of $7,500,000 USD. On March 30, 2009, the Company paid a deposit of $5,000,000 for the properties by issuing a total of 800,000,000 restricted shares at $.00625 to Comercalizadora, Servicios Y Distribuidora Track, S.A. DE C.V. (400,000,000 shares) and to Omar Alejandro Flores Madrigal, Principal Officer, (400,000,000 shares). On April 6, 2009, the 800,000,000 shares were assigned to Novamex Mineral S.A.. On December 10, 2010, the mineral exploration agreement was finalized with the purchase price for the assets comprising the mineral concessions "Gran Cabrera" was $2,500,000 and "Cinco Minas" was $5,000,000. As of August 31, 2012, the total purchase price has been paid in full and $2,257,914 has been incurred for exploration and development costs.

https://www.otcmarkets.com/financialReportVie...p;id=96742



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