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Fortress Financial Group, Inc. -- Acquisition of Uranium Mines

Company Clarifies Position on Its Acquisition of Uranium Mines and Its Name Change

  • Press Release
  • Source: Fortress Financial Group, Inc.
  • On 1:56 pm EDT, Tuesday March 10, 2009

NEW YORK, NY--(MARKET WIRE)--Mar 10, 2009 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) filed a form 8-K today in respect of the acquisition of the Uranium Mines by the Company.

Related Quotes

SymbolPriceChange
FFGO.PK0.000.00
Chart for FORTRESS FINANCIAL G
{"s" : "ffgo.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

The delay in the completion of this transaction is solely due to Management's desire to complete the payment of the Extraordinary Stock Dividend to our stockholders prior to completing this acquisition, Name Change, etc.

This Dividend Payment is now on a "fast track" process due to Hurasu Resource Corporation's imminent completion of their corporate actions.

Stockholders may rest assured that the Company will not be effecting any Reverse Split of its shares of Common Stock and the acquisition price of these Uranium Mines has been accounted for at current stock prices. No shares issued for the acquisition of these Uranium Mines will be "free trading" and will be restricted.

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 company's annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact:

     Contact:
 
Fortress Financial Group, Inc.
Alan Santini
Company Secretary
 
Email Contact
 
Tel: (954) 840-6961
 

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