Company Updates Its Stockholders on Various Issues

NEW YORK, NY–(EMWNews – July 22, 2008) – Fortress Financial Group, Inc. (PINKSHEETS: FFGO) announced that it was in discussion with various parties to dispose

of its indirect holding of 483 million shares of Hunt Gold Corporation

Common Stock; but not a price of less than 2c per share. These are in

respect of shares of Hunt Gold Corporation that are eligible to have their

“restrictive legend” removed immediately.

The Company has terminated these discussions for the time being in light of

the weakness of Hunt Gold Corporation’s stock price. The Company is now

considering increasing its “free trading” stockholding in Hunt Gold

Corporation at these stock price levels through purchases of this stock in

the market, purely for investment purposes, and to protect the value of its

investments in that Company.

The Company will continue to repurchase its stock in the market at these

price levels and warns that any “Cellar Boxing” or other manipulative

activities that may be taking place with the Company’s stock will result in

substantial losses for those concerned.

The Company is implementing a strategy that will eliminate these activities

without much further delay. Those involved in these activities are placed

on notice that the ever decreasing “free float” of the Company’s

outstanding shares of Common Stock; can and will lead to substantial losses

to those involved. The Market is now wise to these activities and the

Company’s Management is fully aware of exactly what is being attempted.

Those concerned will fail in their attempts to hold the stock price at

these price levels.

The Company is a “Reporting Company” with the SEC; certain stockholders are

required by law to disclose their stockholdings in filings with the SEC.

The Company advises its stockholders that its Announcement dated July 21,

2008 was incorrect and corrects it accordingly:

Any stockholder holding in excess of 5% of the Company’s outstanding stock,

that being in the amount of 1,664,768,891 shares of the Company’s shares of

Common Stock, is required to file a Form 13(g) and not a Form 15(g) with

the SEC and within ten days from their purchases. These stockholders will

be required thereafter to file all and any of their purchases and sales of

the Company’s shares of Common Stock within ten days from any such purchase

or sale. This will require full disclosure of the pricing paid per share as

well as full and accurate disclosure of the ultimate beneficial owner of

these shares.

Any stockholder holding in excess of 10% of the Company’s outstanding

stock, that being in the amount of 3,329,537,782 shares of the Company’s

shares of Common Stock, is required to file a Form 13(g) and not a Form

15(d) with the SEC and within ten days from their purchases. These

stockholders will be required thereafter to file all and any of their

purchases and sales of the Company’s shares of Common Stock within ten days

from any such purchase or sale. This will require full disclosure of

pricing paid per share as well as full and accurate disclosure of the

ultimate beneficial owner of these shares.

These rules apply to parties acting in concert.

The Company issues this statement in light of the circa 46% reduction in

its outstanding shares through the Company’s stock repurchases in the past

month. Many stockholders may not be aware of these filing and reporting

obligations to the SEC.

The Company intends to continue its buyback of its shares of Common Stock;

and remains extremely committed to a vastly reduced number of its

outstanding shares of Common Stock and a considerably diminished “free

float.” Stockholders are advised to watch the reduction in the Company’s

outstanding shares of Common Stock on a weekly basis as they may well be

liable; or may soon become liable to file either a Form 13(g) or Form 13(d)

with the SEC.

About Fortress Financial Group, Inc.

Fortress Financial Group, Inc. was primarily engaged in the issuing and

marketing of prepaid debit card and related payment solution activities.

Through the closure of the Trinity Mercantile Finance Group and the

Mortgage Bank acquisitions Fortress Financial Group, Inc. is now expediting

its plans to become a broadly based Consumer Finance Group. The “Mortgage

and Consumer Lending Divisions” will comprise the vast majority of the

Group’s earnings in the immediate to medium term.

The Company is utilizing its substantial Balance Sheet of circa US$500

million 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 in the Mortgage Lending and

Banking sectors.

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.