Fortress Financial Group, Inc.

April 05, 2010 06:00 ET

Fortress Financial Group, Inc. -- Final Resolution of Sale of Company's Gold Interests

Company Resolves Sale of Its Gold Interests and Announces Appointment of Corporate Communications Firm

LAS VEGAS, NV--(Marketwire - April 5, 2010) - Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has now finally resolved the details to effect the sale of its Gold Interests, those being in the "Bouse" and the "South Copperstone" Gold Properties. The resolution has received the irrevocable, necessary and requisite consent of all of the Company's Loan Note Holders, the beneficiary of Net Smelter Royalties and future working interests in both of these Gold Properties and from considerable minority stockholders in both of these two Gold Properties.

Full details of these transactions will be announced and appropriate filings with the SEC in and during April of 2010. It is simply not possible to announce the full details at this date. The other party to these transactions is a publicly quoted Company in the USA with substantial SEC Filing obligations and which is not in a position to complete and announce these transactions with ourselves until such time as their Annual Audit and their Form 10-K is filed; that is expected and indeed required to be on or before April 15, 2010; we are therefore being very cautious in our promised announcement dates insofar that the other party could experience a week or two delay in the filing of their Form 10-K in the event that their Annual Audit is not completed on their planned schedule.

The Company has appointed Global Investor Relations as its Corporate Communications Firm and with immediate effect. They will now be responsible for the daily interaction with our stockholders, the provision of information as well as performing all other Investor and Public Relations requirements expected of a publicly traded Corporation. Their contact details are:

E Mail:

Direct Line for Fortress Investors: (407) 403-5565

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.

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