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Monday, 05/10/2010 2:29:37 PM

Monday, May 10, 2010 2:29:37 PM

Post# of 221852
FFGO NEWS & 8K 5/10/10

http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-4080333561.html?x=0&.v=1

(I still feel just as positive as I always have. I'm with SevenTenEleven in his belief that the Company's minimum pricing of .003 was based on the A/S of 75B. As long as the Company reiterates that the pricing guidelines are unaffected, I'm fine with what they're doing. My greatest concern is adding before we get the bid back. It's that simple for me, as I continue to play this lotto. JMHO/V)

Fortress Financial Group, Inc. -- Further Reduction of Long Term Debt

Company Settles an Additional US$370,000 in Its Long Term Debt

Press Release Source: Fortress Financial Group, Inc. On Monday May 10, 2010, 1:51 pm
LAS VEGAS, NV--(Marketwire - 05/10/10) - Fortress Financial Group, Inc. (Pinksheets:FFGO - News) has settled an additional US$370,000 in its Long Term Debt. The Company has, this year, now retired a total of US$2,790,000 of its Long Term Debt. As of today, the Company's long term debt has been reduced to US$1,495,855.65 plus accrued interest. This will be settled in full from the proceeds of the sale of the Company's Gold Interests.

The Company has filed a Form 8-K and a Form D today in respect of these corporate actions.

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.

As announced on May 6, 2010; these price guidelines were based upon a Gold Price of US$1,050/oz. With Gold having traded as high as US$2,010/oz; the Company's pricing guidelines would be increased by as much as 15%, translating to a price of no less than US$0.00345 per share; should Gold continue to trade at these price levels. In short, should the price of Gold continue to trade above US$1,050/oz, these pricing guidelines would be increased accordingly. Stockholders are cautioned that the price of Gold is volatile and its price could fall back to trade at a lower price.

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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FFGO 8K 5/10/10
http://biz.yahoo.com/e/100510/ffgo.pk8-k.html

NO EFFECT ON PRICING GUIDELINES IN RESPECT OF THE COMPANY'S SALE OF ITS HOLDINGS IN BOTH BOUSE GOLD, INC. and SOUTH COPPERSTONE, INC.


The Company can confirm its "pricing Guidelines" are not affected by the issue of these additional shares of Common Stock as the calculations were based upon a far greater number of outstanding shares of the Company's Common Stock in respect of that the sale of its 510,923,545 shares of Bouse Gold, Inc. Common Stock and its 1,030,421,001 shares of South Copperstone Common Stock will not equate to a net amount that equates to an amount that is lower than the amount of US$0.003 per share of the Company's Common Stock. The transaction is priced upon a Gold Price of US$1,050/oz. Should the Gold price be greater than the amount of US$1,050/oz upon the final completion of the sale of these shares of Common Stock in Bouse Gold, Inc. and in South Copperstone, Inc.; then the pricing per share would be greater than aforesaid. Stockholders are advised that these are pricing guidelines and simply reflect the lowest price that will be accepted by the Company. The Company is not prepared to give detailed information prior to the published completion of these sales transactions.

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