What ever happen to this deal, is it the same as the one they are working now?
Dated 12/19/2007
Company confirms sale of remaining Gold Mining & Exploration Assets
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it now disposing of its remaining interests in its Bouse
and "Copperstone" Gold Mining & Exploration properties.
These interests are being disposed of to a USA quoted Gold Mining Company. Fortress Financial Group, Inc. will not seek nor will it appoint any representatives to that Company's Board of Directors. This Company has an established and very experienced Mining Team, in place.
Fortress Financial Group, Inc. and other eligible stockholders in Bouse Mining Holdings plc and in Copperstone Mining Holdings plc will receive shares in the quoted Gold Mining Company.
The "eligible stockholders" are stockholders of Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) who received Stock Dividends, as follows :-
Bouse Mining Holdings, Inc. on November 7, 2005; and
Copperstone Mining Holdings plc on December 2, 2005
These eligible stockholders will receive "free trading" stock in this quoted Gold Mining Company as they have held their stock for a period in excess of two years.
It is expected that this transaction will be completed by January 15, 2008.
It is expected that Fortress Financial Group, Inc. and its eligible stockholders will receive an amount of circa US$1 billion in shares in this quoted Gold Company, primarily based upon the valuation of the "Bouse" Gold Mining & Exploration project.
This is in additional to the 407,250,000 shares of Hunt Gold Corporation (PINKSHEETS: HGLC HGLC Harvard Gay and Lesbian Caucus ) Common Stock, representing 41% of the outstanding shares in Hunt Gold Corporation being issued, by the Transfer Agent to Hunt Gold Corporation; to Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) eligible stockholders.
In addition to this transaction, Fortress Financial Group, Inc. has received an amount of 483,750,099 shares of Hunt Gold Corporation Common Stock, representing 48% of the outstanding stock in Hunt Gold Corporation.
Fortress Financial Group, Inc. does not intend to retain all of its stock in Hunt Gold Corporation and intends to distribute the majority of its stockholding in that Company, to Fortress Financial Group, Inc. stockholders, as a special Stock Dividend, in the near future. Fortress Financial Group, Inc. intends to do the same, in respect of this transaction. Stockholders will be advised accordingly.
Peter J Bezzano, the Chairman of Fortress Financial Group, Inc. commented that "he was extremely satisfied that the Company had delivered upon its promises to its stockholders and managed to achieve the long promised unlocking of stockholder value. He added that the completion of this transaction, coupled with the stock received in Hunt Gold Corporation, has placed the Company in a very strong financial position and will allow Management to focus on its planned rapid growth of its prepaid Debit Card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. business. He added that the stock in respect of this transaction and in Hunt Gold Corporation being distributed to our loyal and long standing stockholders would now be in excess of US$1.6 billion, excluding future planned Stock Dividend distributions."
