Fortress Financial Group fka FFGO

[DaveBo1]

Just received this e-mail:

We have advised the Company that they should prepare and to disseminate a Press Release in order to address the shareholder concerns about the distribution of the proceeds from the sale of the Company’s Gold Interests, as Special Dividends. We anticipate that the forthcoming press release will be issued by morning at the latest and that it will resolve the uncertainty in respect of the Company’s policy in respect of the sale proceeds. We have been advised by the Company that it intends to distribute all of the proceeds from the sale of its Gold Interests to its stockholders in full. The Company has advised us that they have publicly stated that this will be their policy and that their policy remains unchanged. The Company confirms that they will be retaining the proceeds and that the only deduction from the proceeds will be to settle outstanding Loan Note Holders of circa US$4 million.


We expect the deal to go through no later than april.

Regards,
--
Dave Goldberg
Global Investor Relations
407-403-5655 [e-mail]