Fortress Financial Group, Inc. – Update on Hunt Gold Corporation
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that Hunt Gold Corporation, in which it holds an interest of 48% of the outstanding stock; has today terminated the services of its Transfer Agent, Action Stock Transfer Corp; and with immediate effect.
The Management of both Fortress Financial Group, Inc. and that of Hunt Gold Corporation is of the opinion that this is in the best interests of stockholders.
It was promised that the stock in Hunt Gold Corporation would be issued immediately to Fortress Financial Group, Inc. stockholders; and made available to all eligible stockholders.
Action Stock Transfer appears incapable of satisfying our request in a reasonable period time.
We will honour our promises to our stockholders and ensure that this is completed without any further delays.
A new Transfer Agent will be immediately appointed to Hunt Gold Corporation and the details announced on Monday January 7, 2008.
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. (formerly Great West Gold, Inc.), was a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company retained these Gold Mining Exploration interests as portfolio assets; as it intended to extract value from these assets through a future “spin off” or a sale. The Company has disposed of its interests in the “Ambassador”, “Golden Eagle” and “Mockingbird” Gold Mining Exploration properties to Hunt Gold Corporation (PINKSHEETS: HGLC); and holds approximately 48% of Hunt Gold Corporation shares of outstanding Common Stock, as an investment.
The Company retains it interest in the “South Copperstone,” and “Bouse” Gold Mining Exploration properties, at this time.
Fortress Financial Group, Inc. is now primarily engaged in the issuing and marketing of prepaid debit and credit card and related payment solution activities.
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 companies’ annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.