Bandera Gold Provides Update on Judicial Proceedings to Enforce its Ownership Rights
Edmonton, Alberta. Bandera Gold Ltd. (The ?gCompany?h) has been made aware by its Mexican counsel that the Mexican Supreme Court has ruled on the Company?fs petition for review of the constitutionality of a previous decision of September 30, 2010 by the 5th Collegiate Court of Jalisco, acting as an ?gamparo?h Court, upholding the decision of such Court. The challenged decision of the 5th Collegiate Court of Jalisco had ruled that the Company?fs case should be decided by Mexican Federal Courts, rather than by State Courts. This had the effect of (i) voiding the decisions of the 9th Supreme Court of Jalisco (acting as appellate Court) of March 22, 2010 and of the 5th Mercantile Court (acting as first instance Court) of July 7, 2009; both of which had upheld the Company?fs petition to enforce its ownership rights over the Properties; and (ii) having the case sent for decision to the relevant Federal Court.









