SOURCE: 1st Global Financial Corporation

February 22, 2011 10:51 ET

1st Global Financial Corporation Announces That on the 10th of March 2011 It Will Be Holding an Event at the Fitzpatrick Hotel in New York, NY

LAS VEGAS, NV--(Marketwire - February 22, 2011) - 1st Global Financial Corporation (PINKSHEETS: FGBF) announced today that on the 10th of March 2011 it will be holding an event at the Fitzpatrick Hotel in New York. The event held the week preceding St Patrick's Day is titled 'Home is where the Heart is.' 'Is leor don dreoilín a nead,' will be a celebration of the culture and the historic investment partnerships between the United States of America and the Republic of Ireland

The event will be attended by an invited guest list including senior politicians, institutional investors, and media from Ireland, Europe and the United States of America. There will be a guest speaker on the topic of Inward Investment in the Republic of Ireland. There will also be entertainment provided from the best of Irish music. 


KPMG's Managing Partner Terence O'Rourke said, "There remains a compelling case for investing in Ireland and this is well accepted internationally."

The Economist Intelligence Unit has named Ireland as one of the most attractive business locations in the world.

Ireland attracts some of the highest levels of inward investment of any country in the world and companies that have invested here have achieved some of the best returns available.

US firms have invested over US $165 billion in Ireland and it has constantly provided some of the most attractive long term returns for those looking for a European investment location.

There are over 600 US firms operating in Ireland. US firms employ almost 100,000 people directly in Ireland.

Ireland is the preferred location for the domiciliation and administration of funds. The total value of assets held by Irish funds amounted to $1.4 trillion US as of December 2009 in over 10,300 funds and almost 30% of the worlds alternative investment funds are serviced in Ireland.

So what is it that 1st Global Financial Corporation is about?

Over a period of the past months a considerable amount of time has been used to contact owners of commercial properties in the Republic of Ireland, the United Kingdom, Europe and the USA to negotiate and secure options to purchase those properties. 

The options have been placed into 1st Global Financial Corporation for conversion as per the terms of the Options contracts that have been agreed and signed.

Many of the properties have undergone radical revaluation because of the global down-turn and many of those properties have been subject to transfer into the National Asset Management Agency in Ireland. 

John Bannister, President of 1st Global, stated, "What 1st Global Financial is bringing to the investment community is an opportunity to participate in an expression of confidence in the recovering Irish economy. It should be kept in mind that properties are not just assets, they are often places of employment and vital to the communities in which they have been built."

"The market now has the capacity to invest in assets that are free from debt and are being acquired at current audited valuation and bring solid earnings with them into 1st Global Financial Corporation," continued Mr. Bannister, "and we are now seeing a restating of confidence that the economic circumstances in Ireland are changing for the better and a realization that every dollar invested is a dollar that helps to keep someone in employment, or is creating another job that makes a vital contribution to the community."

Irish Managing Director, John Hartnett said, "All the predictions are that there will be a new Government in the Republic of Ireland with a clear fiscal policy based upon a re-examination of previous fiscal policies. The new Government will have as a priority the establishment of a resurgence of the Irish economy."

This is the reality of ethical investment.  

This investment is not a quick in and faster out, it is predicated upon growth and recovery and is grounded upon provable and historic fact and that is people prevail over the worst possible circumstances, they always have and always will do. This is an opportunity to participate in that recovery. 

1st Global Financial Corporation will be looking to see the value of its shares more properly reflect the new assets and earnings forecast for the benefit of its shareholders.

The Corporation now holds Millions of US dollars in property options and is negotiating with institutional investors for significant inward investment for the implementation of its program of property acquisition and makes investing in Ireland with 1st Global Financial Corporation the choice of winners.

For additional information about 1st Global Financial Corporation please visit our website,

Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as FGBF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

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