- CEO
- Michael Davies
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- 3625 North Hall Street Dallas United States of America
- IPO Date
- Oct 19, 2005
- Business
- Southridge Enterprises, Inc. (SRGE) is a mineral exploration company that, through its subsidiary Southridge Minerals, Inc., focuses on the acquisition, exploration, and development of gold and silver mines in Mexico; its principal properties include an agreement to acquire 100% interest in the Cinco Minas property spanning approximately 10,750 hectares northwest of Guadalajara, the Gran Cabrera property covering about 4,300 hectares northwest of Cinco Minas, and an option for 40% interest in the Esperanza property encompassing roughly 106,333 hectares north of La Estancia in Jalisco; the Cinco Minas site features a past-producing 60 tpd mill, surface ore supply, and a confirmed resource of 235,000 ounces gold and 23.3 million ounces silver. Founded in 2004 and headquartered at 3625 North Hall Street, Dallas, Texas, the company operates primarily in Mexico's mining regions with two employees and serves mid-size and major producers through strategic project alliances. As a subsidiary of Novamex Mineral SA de CV, Southridge maintains a lean structure under CEO Michael Davies and CFO Derald Johnston, with no reported revenue and ongoing exploration emphasis in a politically stable jurisdiction; no major recent acquisitions, partnerships, funding rounds, or operational shifts have been disclosed in the last 1-2 years, reflecting a dormant status with last financials from 2012.