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Fortress Financial Group, Inc. -- Stock Dividend Payment

Wed. February 04, 2009; Posted: 09:55 AM
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NEW YORK, NY, Feb 04, 2009 (MARKET WIRE via COMTEX) -- FFGO | Quote | Chart | News | PowerRating -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO | Quote | Chart | News | PowerRating) confirms the following details to clarify the process to its stockholders:

-- "Record Date" for Extraordinary Stock Dividend to be in February of 2009 -- Hurasu Resource Corporation completing its final reorganization by no later than Friday, February 20, 2009.

1. The Company has entered into an Agreement to dispose of its shares in the Companies which own both the "Bouse" and the "South Copperstone" Gold Mining Projects to Hurasu Resource Corporation. The Company will receive an amount of 64,561,039 shares of Hurasu Resource Corporation Common Stock in settlement. These shares in Hurasu Resource Corporation bear a restricted legend of 2 (two) years from their date of issue.

2. Hurasu Resource Corporation ("Hurasu") recently changed its name with the State of Nevada. The Attorneys to Hurasu have filed for a new CUSIP Number and a for a new Trading Symbol and they have advised us that they expect Hurasu to be trading under its new Symbol from Tuesday, February 10, 2009.

3. Hurasu is undergoing a Reverse Split of its own shares of Common Stock. The Attorneys to Hurasu will have completed that exercise by no later than Friday, February 20, 2009.

4. Hurasu will acquire your Companies' shares in both "Bouse" and in "South Copperstone" on Monday, February 23, 2009; and will issue the amount of 64,561,039 shares of their Common Stock to Fortress Financial Group, Inc.

5. Fortress Financial Group, Inc. will obtain a "Record Date" and a "Pay Date" for this Stock Distribution and once these dates are approved by FINRA; announce these dates. The Company does not intend to wait for the delivery of the Hurasu stock certificate; before setting its "Record Date" and its "Pay Date." The Company anticipates a "Record Date" on or around Friday, February 27, 2009 with a "Pay Date" being two weeks thereafter. Stockholders are advised that these dates are not confirmed until approved by FINRA.

6. Stockholders who own stock in Fortress Financial Group, Inc. as at the "Record Date" will be eligible to receive this Extraordinary Stock Dividend.

7. Fortress Financial Group, Inc. will have an amount of 27,588,472,240 shares of Common Stock as at the "Record Date," The amount of 4.5 billion shares of the Companies Stock not yet cancelled; will be cancelled prior to the "Record Date" and will not be eligible to receive this Extraordinary Stock Dividend.

8. Hurasu will be trading at a price of US$12.50 per share of Common Stock at the Company's "Record Date"; valuing this Extraordinary Dividend in the amount of US$807,012,988. This is equal to a price of US$0.029 for every 1 (one) share of Fortress Financial Group, Inc. Common Stock. At the "Pay Date," Fortress Financial Group, Inc. stockholders will receive an amount of 0.234 shares of Hurasu Resource Corporation Common Shares for every 100 (one hundred) shares held in Fortress Financial Group, Inc.

9. At the "Pay Date"; the Transfer Agent to Hurasu will post to all registered and eligible stockholders; their stock certificates of Harasu Resource Corporation. The balance of the shares will be immediately sent to the DTCC for distribution to all stockholders holding their shares in "Street Names."

10. Hurasu will be acquiring the balance of the shares in the companies owning the "Bouse" and "South Copperstone" Gold Properties directly from other stockholders; and on the same terms and conditions. This will give Hurasu 100% ownership of both "Bouse" & "South Copperstone."

11. Hurasu has and is acquiring other very substantial Gold Mining & Exploration properties. At the request of the CEO of Hurasu; we will not elaborate on that Company as they are of the opinion that it is their role to discuss their Company, it prospects and its Assets.

12. The balance of the outstanding stock Dividends in both "Bouse" and "South Copperstone" dating back to November 7, 2005 and to December 2, 2005 respectively; will be distributed in a seperate and unrelated Stock Distribution.

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

SOURCE: Fortress Financial Group, Inc.

http://www2.marketwire.com/mw/emailprcntct?id=5D0F9AA0985A3728

For full details for FFGO click here.

    


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