NEW YORK, May 11, 2007 (PRIME NEWSWIRE) -- Great West Gold, Inc. (Pink Sheets:GWGO) announced on May 2, 2007 that the Company had would be effecting a reverse split of its stock on the basis of 1 for 2,000. This split will be effective, prior to the market open on Monday, May 14, 2007.
The trading symbol of the Company will change to that of "GWGD", prior to the market open on Monday May 14, 2007.
Great West Gold, Inc. is in the process of changing its name to that of Fortress Financial Group, Inc. and will be obtaining a new CUSIP Number and Trading Symbol. Stockholders will be advised accordingly.
About Great West Gold, Inc.
Great West Gold, Inc., www.greatwestgold.com, was a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company now retains these Gold Mining Exploration interests as portfolio assets. In and during May of 2007, the Company will effect a name and Trading Symbol change to that of Fortress Financial Group, Inc. and will then, be solely engaged in the issuing and marketing of prepaid debit and credit cards, on a global basis; as well offering various other payment solutions.
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.