SOURCE: 1st Global Financial Corporation

January 27, 2011 14:39 ET

1st Global Financial Corporation Update Financials Information

LAS VEGAS, NV--(Marketwire - January 27, 2011) - 1st Global Financial Corporation (PINKSHEETS: FGBF) announced today that it has filed updated the Companies financial information through the end of 2009. The balance of financials for the first 3 quarters of 2010 will be posted in a few weeks. The financials will be submitted for Audit Review after the 2010 year end financial statements are completed.

Johnny Bannister President of 1st Global stated, "That this is an important step in 1st Global moving forward. With Audited financial statements the Company could file to become fully reporting, but more importantly it allows the Company to have the proper information to begin implementation of its business plan."

"Mr. Hartnett, who is 1st Global's Director for its Europe operations, will be able to utilize this information to provide confirmation that we have taken the necessary steps to begin the acquisition process and bring assets into the Company," concluded Mr. Bannister.

About 1st Global Financial Corporation

1st Global Financial Corporation business plan is to finance substantial property portfolios in Europe and the USA in partnership with established property developers and institutional investors. The Corporation will be announcing in the near future further details of the acquisitions under contract.

The Companies new website is currently under construction.

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.

Contact Information

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