Fortress Financial Group, Inc. -- Gold Price Fuels Company Value
Company Valuation Soars on the Back of Surging Gold Price
NEW YORK, NY, Sep 22, 2008 (MARKET WIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) value soars on the back of the surging Gold price, now trading at over US$900/oz. Your Company now owns a total amount of 2,251,848,460 shares of "free trading" Common Stock in Hunt Gold Corporation. This holding is valued in the amount of US$9,682,948 at today's trading price of US$0.0043 per share of Hunt Gold Corporation Common Stock. These holdings alone are now worth over three times the current value of Fortress Financial Group, Inc. shares of Common Stock.
The promised "new era of transparency" at Hunt Gold Corporation as demonstrated by their announcement today may well see further stock purchases by your Company in Hunt Gold Corporation which remains very undervalued. The surge in the Gold price has undoubtedly had a very material impact upon the value of the shares of Hunt Gold Corporation; this has not as yet been reflected in the price of Hunt Gold Corporation shares of Common Stock.
The surge in the price of Gold will substantially increase the value of Hurasu Resource Corporation which should substantially increase the value of their shares upon this Company's distribution of these shares, to its stockholders very shortly.
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" 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 company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Financial Insights Dick Granieri/Gordon Otter E Mail: Email Contact Telephone: 1-800-530-3545
Fortress Financial Group, Inc. Alan Santini Chief Executive Officer Email Contact Tel: (954) 840-6961
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