Financial Group, Inc. – Confirmation of Stock Distribution
on: February 15, 2008, 11:46 am
Release Author: Fortress
Financial Group, Inc.
Release Summary: Company confirms that shares in Hunt Gold Corporation
have now been distributed to eligible stockholders
Release Body: NEW YORK, NY, February 15, 2008 Fortress Financial
Group, Inc. (PINKSHEETS: FFGO) can now confirm that the
Transfer Agent to Hunt Gold Corporation has confirmed
that all stock registered to “Cede & Co.”
has been sent to themselves for distribution to the various Brokers
for their eligible client accounts. This affects all stockholders
in Fortress Financial Group, Inc. (formerly Great
West Gold, Inc.) who held their stock, in brokerage accounts”;
on the three stock dividend dates in respect of Golden Eagle
Mining Holdings plc, Sentinel Resource Holdings,
plc and in Ambassador Gold Holdings plc.
of their stock is registered in the name of “Cede
& Co.”, the DTC clearing company.
& Co.” is responsible for the allocation of these
shares in Hunt Gold Corporation to the various
eligible Brokers (for clients who were eligible for these Stock
Dividends upon the three “Record Dates”. The Brokers
are responsible for the allocation of these shares in Hunt
Gold Corporation to their eligible client accounts in respect
of the aforesaid Stock Dividend Dates.
& Co. and Brokers are solely responsible for the allocation
of these shares to eligible stockholders.
Transfer Agent to Hunt Gold Corporation,
Fortress Financial Group, Inc. and Hunt
Gold Corporation has absolutely no control over any part
of this process whatsoever.
ask that stockholders affected by this are to request that their
Brokers request their stock in Hunt Gold Corporation,
from “Cede & Co.” without delay.
These shares are “free trading” and
in theory; should be electronically transferred to client accounts
without delay. However, we strongly urge eligible and affected stockholders
to request that their Brokers expedite this transfer process with
“Cede & Co.”.
does not apply to stockholders who held their stock in certificate
form in Great West Gold, Inc. (now Fortress Financial Group,
Inc.) on those three Stock Dividend Record Dates.
These stockholders will receive their stock certificates in Hunt
Gold Corporation by mail, directly from the Transfer
Agent, in and during the next few days.
Fortress Financial Group, Inc.
Financial Group, Inc. is now primarily engaged in the issuing
and marketing of prepaid debit and credit card and related payment
solution activities. It has just announced the acquisition of Moneyworx,
Inc., a reseller of MasterCard prepaid USA Domestic
and International Prepaid Debit Cards. Fortress Financial Group,
Inc. will be launching its own label “Fortress”
International Debit Card in the first quarter of 2008.
Financial Group, Inc. has secured a “non recourse”
initial long term loan facility in the amount of US$5 million and
intends to immediately embark upon a very aggressive acquisition
strategy of synergistic companies. These acquisitions to be funded
through cash, vendor financing and the issue of the Company’s
restricted shares of Common Stock. The Company’s strategy
is to immediately build a strong Group of financial services companies
with strong earnings and cash flow.
Financial Group, Inc. (formerly Great West Gold, Inc.),
was a gold mining exploration stage company, engaged in the acquisition
and exploration of mining properties in the United States. The Company
retained these Gold Mining Exploration interests
as portfolio assets; as it intended to extract value from these
assets through a future “spin off” or a sale. The Company
has disposed of its interests in the “Ambassador”,
“Golden Eagle” and “Mockingbird” Gold Mining
Exploration properties to Hunt Gold Corporation
and holds approximately 48% of Hunt Gold Corporation
shares of outstanding Common Stock, as an investment.
Company retains it interest in the “South Copperstone”,
and “Bouse” Gold Mining Exploration properties,
at this time. It is expected that these two remaining interests
will be exchanged for shares of Common Stock in a USA Gold Mining
& Exploration Company, very shortly.
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" or "projected". 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 a companies' annual
report on Form 10-K or 10-KSB and other filings made by such company
with the SEC.
Financial Group, Inc.
Chief Executive Officer
Details: Fortress Financial Group, Inc.
1903 60th Place E.
: Alan Santini (Chief Executive Officer)
: (954) 840-6961
Mail : email@example.com
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