Fortress Financial Group fka FFGO

[SevenTenEleven]

FFGO - Form 8-K filed today for NMGL!

Large shareholders/insiders cancelled additional shares of NMGL common stock.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7594497

ITEM 8.01 OTHER EVENTS

CANCELLATION OF 171,650,000 RESTRICTED SHARES OF COMMON STOCK BY CERTAIN SHAREHOLDERS

On November 30, 2010, three of our shareholders cancelled a total of 171,650,000 (One Hundred Seventy One Million Six Hundred Fifty Thousand) restricted shares of our Common Stock, par value US$0.001 per share, as follows:

Frederick C Bauman - 49,900,000 (Forty nine million nine hundred thousand) restricted shares of Common Stock; and

Ronald Y. Lowenthal - 49,750,000 (Forty nine million seven hundred and fifty thousand) restricted shares of Common Stock; and

David Wolfin - 72,000,000 (Seventy two million) restricted shares of Common Stock.

Following completion of these cancellations of restricted shares of our Common Stock, we had a total of 234,864,284 (Two hundred and thirty four million eight hundred and sixty four thousand two hundred and eighty four) outstanding shares of Common Stock at November 30, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NORTH AMERICAN GOLD & MINERALS FUND

/s/ Ronald Yadin Lowenthal
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Ronald Yadin Lowenthal
President and Director
December 6, 2010