Fortress Financial Group fka FFGO

[Vianna]

FFGO NEWS 4/26/10: - Substantial Reduction of Long Term Debt
Company Settles an Additional US$1,520,000 in Its Long Term Debt

http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3578194793.html?x=0&.v=1

Press Release Source: Fortress Financial Group, Inc. On Monday April 26, 2010, 2:30 pm

LAS VEGAS, NV--(Marketwire - 04/26/10) - Fortress Financial Group, Inc. (Pinksheets:FFGO - News) has settled an additional US$1,520,000 in its Long Term Debt. The Company has, this year, now retired a total of US$2,420,000 of its Long Term Debt. As of today, the Company's long term debt has been reduced to US$1,865,855.65 plus accrued interest. This will be settled in full from the proceeds of the sale of the Company's Gold Interests.

The Company is filing a Form 8-K today in respect of these corporate actions. These actions are a result of the Company's negotiations with its Long Term Note Holders in order to finalize the remaining conditions precedent as are required to complete upon the sale of the Company's interests in the "Bouse" and the "South Copperstone" Gold Properties.

These actions do not affect the Company's stated pricing guidelines of US$0.003 per share of the Company's Common Stock in respect of the sale of the Company's Gold Interests and as set out in the Form 8-K filed today. The Company had factored these corporate actions, the settlement of its Loan Note Holders as well as the results of the recent audit of its stockholder register into its calculations prior to providing these pricing guidelines to its stockholders.

The Company appreciates the tremendous support and confidence demonstrated by its Long Term Loan Note holders.

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:Fortress Financial Group, Inc.
Peter J. BezzanoChairman
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Twitter: twitter.com/FFGO
Telephone: [phone]
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Corporate Communications to Fortress - Global Investor Relations
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