Fortress Financial Group, Inc.

March 18, 2010 13:28 ET

Fortress Financial Group, Inc. -- Company to Complete on the Sale of Its Gold Assets

Company Now Confident on Imminent Closure of the Sale of Its Gold Interests

LAS VEGAS, NV--(Marketwire - March 18, 2010) -  Fortress Financial Group, Inc. (PINKSHEETS: FFGO) refers to its News Releases dated March 3, 2010 and on March 16, 2010 whereby its advised its stockholders that the deadline imposed upon the buyers of our interests in both the "Bouse" and the "South Copperstone" Gold Properties remained in place, that being 17h00 EDT on Friday March 19, 2010.

The Company and the Buyers have reached an agreement that the deadline will not be formally extended by the Company but that the Company will work closely with the Buyers over the forthcoming days in order to implement the necessary steps to overcome the last issues that require a resolution in order to consummate the sale of the Company's Gold interests to the Buyers.

The primary issue to be resolved is the implementation of the most efficient and expedient mechanism whereby the Buyers will be in a position to acquire the minority interests in both the "Bouse" and the "South Copperstone" Gold Properties; those which arose from the 2005 Stock Distribution to the Company stockholders in respect of both of these Gold Properties. The Buyers do require the eventual acquisition of a 100% interest in both of these Gold Properties.

The Company is confident that this issue can be resolved and without any further or unnecessary delays. The Company confirms that the terms and pricing of the deal remain unchanged and as announced.

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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