Fortress Financial Group, Inc.

April 13, 2010 12:58 ET

Fortress Financial Group, Inc. -- Company Successfully Restructures Its Long Term Debt Arrangements

Company Successfully Restructures Its Arrangements With Its Long Term Loan Note Holders

LAS VEGAS, NV--(Marketwire - April 13, 2010) -  Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has received irrevocable acceptances from each of its Loan Note Holders that they will support the agreed transactions to be announced in and during April of 2010 and that they will not under any circumstances be permitted to call up these Loan Notes for settlement before June 30, 2010.

This provides the Company with the support and the time required to close the transactions in respect of the sale of its interests in the "Bouse" and the "South Copperstone" Gold Properties.

The Company confirms that the transactions to close the sale of its Gold interests remain unchanged and will close imminently; that is before April 30, 2010 at the latest. Full details will be published upon the Purchasers completion of its Annual Form 10-K Filing.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected", "anticipates", "draft", "eventually", "projected" or "guidelines". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in filings made by such company with the SEC.

Contact Information