Fortress Financial Group fka FFGO

[PNKBULLSHT]

XplosiveStocks.com: XplosiveStocks Fortress Financial Group (FFGO) Update for May 5, 2010

May 06, 2010 (M2 PRESSWIRE via COMTEX) -- XplosiveStocks.com brings you the latest breaking news on Fortress Financial Group (FFGO). For more news and updates and for the hottest featured companies join the XplosiveStocks.com newsletter by subscribing at www.xplosivestocks.com. If you wish to have your company featured in our newsletter or on our website, contact us at [e-mail].
------------------------------------------------------------------------------- Fortress Financial Group (FFGO)

About Fortress Financial Group (FFGO) FFGO has settled an additional US$1.52 M in its Long Term Debt. The Company has, this year, now retired a total of US$2.420 M of its Long Term Debt. FFGO has reorganized and expanded its "South Copperstone" Gold Interests, resulting in a contiguous block of 24 lode claims resulting in significant additional value having been created in the value of the Company's stockholding in its "South Copperstone" Gold Property ahead of the completion of the sale of the Company's interest in this Gold Property along with its interest in the "Bouse" Gold Property. FFGO recently completed its audit that now permits the Company to declare Dividends going forward; following the completion of the transactions to dispose of its Gold Interests as previously announced

Fortress Financial Group, Inc. -- Highlights Progress Toward Sale

LAS VEGAS, NV, May 05, 2010 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has been working diligently and has made significant progress toward the finalization of sale of its gold interests. In press releases during April of 2010, the company announced several steps that it has taken toward meeting this objective.

In earlier announcements the company detailed the completion of its shareholder register audits, the re-filing and re-instatement of the Bouse Gold, Inc. and South Copperstone, Inc. and the settlement of the majority of outstanding loan notes. These steps have all been accomplished and are the necessary precedents to the completion of the sale transactions. Moreover the company has incurred large expenses to prepare for the dividend distributions that will commence immediately upon conclusion of the transactions as the Company is distributing the sale proceeds, in full, to its stockholders.

The final steps to the completion of the sale and subsequent issuance of shareholder dividends now remaining are few. Fortress Financial Group, Inc. is currently working toward completion of the Bouse Gold, Inc. and the South Copperstone, Inc. audits. This step is essential as the company acquiring the assets is a publically reporting company.

Once these audits are completed, the acquiring company can finalize the purchase and the subsequent merge-in of the audited accounting, the sale will then be completed. The Company confirms that it will announce the sale simultaneously with the acquiring company; it is unlikely that the Company will need to provide any further notice to stockholders.

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