Fortress Financial Group, Inc.

June 24, 2010 03:00 ET

Fortress Financial Group, Inc. -- Launches New Corporate Web Site and Will Issue No Further Statements

LAS VEGAS, NV--(Marketwire - June 24, 2010) - Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that is has now launched its new Corporate web site,

This new corporate web site was designed to guide and assist our stockholders through the imminent sale of the Company's Gold interests and the payment process of the subsequent single Extraordinary Dividend distributing the entire sale proceeds to our stockholders. All updates going forward will be through our new corporate web site and immediate E Mail updates to those stockholders who subscribe for this service at no charge.

Fortress Financial Group, Inc. has decided that no further Press Releases, Regulatory Filings nor updates of any nature are required. We believe that we have clearly stated in prior Press Releases and in Regulatory Filings that the Sale and Purchase Agreement in respect of the sale of our Gold interests is now completed and is at this time, awaiting final execution by the Purchaser. The Company is satisfied that these sales agreements are now completed. We have provided the pricing guidelines for these transactions in a number of Press Releases.

Fortress Financial Group, Inc. holds an interest in two Gold Properties, namely "Bouse" and "South Copperstone". The Company has made it clear in its public announcements that these interests are to be sold and the proceeds distributed to its stockholders. The Company has provided "pricing guidelines", valued at no less than US$0.003 per share of Common Stock at a Gold price of US$1,050/oz. At this time with the price of Gold trading in excess of US$1,235/oz, these pricing guidelines will have increased proportionately. The Company's shares of Common Stock are currently trading at a massive discount to these stated "pricing guidelines".

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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