Southridge Declares Fourth Quarter Cash Dividend

               Southridge Declares Fourth Quarter Cash Dividend

PR Newswire

DALLAS, Dec. 18, 2012

DALLAS, Dec. 18, 2012 /PRNewswire/ --Southridge Enterprises Inc. (PINKSHEETS:
SRGE) ("Southridge" or the "Company") is pleased to announce today that
Southridge Minerals, Inc., its wholly owned subsidiary, today announced a cash
dividend of $0.0002 per common share, payable on December 28, 2012 to
shareholders of record at the close of business December 21, 2012. The
dividend represents a payout of approximately 8% of the recently reported
fourth quarter net income.

"We just posted our 4th Quarter Earnings, and felt that it was important for
the company to reward shareholders in a timely fashion," said Michael Davies,
President and CEO of Southridge Enterprises Inc. "The past year has been
monumental for the Company, and getting our dividend distributed before the
end of the year is a statement. We are very proud of all that has been
accomplished over the past 12 months, and more importantly look forward to
continuing our efforts build upon the foundation that was established in
2012."

For further information on the Company's Gold and Silver projects, visit our
website: http://www.southridgeminerals.com.

Southridge Investors can access the following Southridge Minerals social media
channels:

YouTube Cinco Minas Mexico Project:
http://youtu.be/R6P8oght4Ik
http://youtu.be/o2LfLaSu8ww

Facebook:
http://www.facebook.com/pages/Southridge-Minerals-Inc/163457600376466

Twitter: http://twitter.com/SouthridgeSRGE

About Southridge Minerals, Inc. (SRGE)
Southridge Minerals, Inc. is a U.S.-based mineral exploration company
dedicated to acquiring and developing mineral resources in geologically
permissible and politically stable areas of the world. The Company seeks out
early stage opportunities with good mineralization indicators that exhibit
significant blue-sky potential. Southridge pursues and advances these projects
that are or will be of interest to mid-size and major producers. By forming
alliances on individual projects, the Company expects to develop its interests
in mines operated by its partners, allowing it to continue to build value
through continued exploration. Southridge is currently focused on projects in
Mexico.

What sets Southridge apart is its vast experience in Mexico and the knowledge
of the geological conditions and formations pertaining to known large gold
deposits that have received very little attention to date. This comparative
advantage, combined with a specific geographical and mineral focus, will allow
for more efficient asset and income growth in the future for the benefit of
shareholders' investments.

Forward-Looking Statements
Although the Company believes that the forward-looking statement of beliefs,
plans, expectations, and intentions contained in this press release are
reasonable, there can be no assurance those beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consider all of the
information set forth herein and should also refer to the risk factors
disclosed in the Company's published current and periodic reports.

Southridge Enterprises Inc.
Investor Relations
Tel. (214) 699-6255
Email: info@southridgeminerals.com 
http://www.southridgeminerals.com
http://www.srge.mobi

SOURCE Southridge Enterprises Inc.

Website: http://www.southridgeminerals.com
 
Press spacebar to pause and continue. Press esc to stop.