Fortress Financial Group, Inc. — Hunt Gold Corporation Stock Price Company Comments on Hunt Gold Corporation Stock Price Falls
SOURCE:
FORTRESS FINANCIAL GROUP, INC.
2008-04-02 12:48:00
Fortress Financial Group, Inc. — Hunt Gold Corporation Stock Price
Company Comments on Hunt Gold Corporation Stock Price Falls
NEW YORK, NY–( EMWNews – April 2, 2008) – Fortress Financial Group, Inc. (
Hunt Gold Corporation with a view to prevent the dilution in value of
Fortress Financial Group, Inc.’s holding in Hunt Gold Corporation.
Fortress Financial Group, Inc. holds circa 48% of Hunt Gold Corporation’s
stock.
These discussions may lead to Hunt Gold Corporation effecting changes to
its outstanding share capital.
Fortress Financial Group, Inc. may well substantially increase its
stockholding in Hunt Gold Corporation at the current stock price.
Stockholders will be advised accordingly.
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. is primarily engaged in the issuing and
marketing of prepaid debit card and related payment solution activities. It
acquired Moneyworx, Inc., a reseller of MasterCard prepaid USA Domestic and
International Prepaid Debit Cards. Fortress Financial Group, Inc. will be
launching its own label “Fortress” International Debit Card in the second
quarter of 2008.
Upon the closure of the Trinity Mercantile Finance and the Mortgage Bank
acquisitions; Fortress Financial Group, Inc. will expediting its plans to
become a broadly based Consumer Finance Group. The “Mortgage Division” will
comprise the vast majority of the Group’s earnings in the medium term.
The Company is utilizing is substantial Balance Sheet of circa US$1.4
billion comprised of quoted and unquoted Gold Mining & Exploration stocks;
to aggressively fund a large number of acquisitions in the consumer
financial services sector; initially focused on the Mortgage Lending
sector.
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. The Company
holds circa 48% of the outstanding stock in Hunt Gold Corporation as an
investment.
The Company is now exchanging it interest in the “South Copperstone,” and
“Bouse” Gold Mining Exploration properties for shares of Common Stock in a
USA Gold Mining & Exploration Company.
This release contains “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
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.
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