1st Global Financial Corp., Will Seek Green Renewable Energy Company to Lease The 100 Acres in Deserts Hot Springs, California Once It Completes Escrow

LAS VEGAS, May 5, 2011 /PRNewswire/ -- 1st Global Financial Corporation (OTC:FGBF) will begin the process of seeking a green renewable energy Company to lease its 100 plus acres of undeveloped commercial property located in the city of Desert Hot Springs once it completes the escrow.  The escrow closing was postponed till May 16th . The 100 plus acre site with its close proximity to the power grid makes the DHS site ideal for a renewable energy project.

John Bannister President of 1st Global stated, "This is the first acquisition of land for green renewable energy projects we are looking forward to expanding upon that base in the current financial year. Green renewable energy is going to be a high earner for the Corporation and we are looking to realize this as quickly as possible."

To see the interview conducted by Lisa Short of PremierStocks.tv of 1st Global's President John Banisters please go to investor page www.premierstocks.tv or click the link http://www.youtube.com/watch?v=bre-3He0Z3w&feature=youtu.be

About PremierStocks.tv which is part of the Premier Media Services Inc., (PMSI) is a full-service public relations consulting firm dedicated to providing broadcast news and financial marketing services. PMSI offers multi-faceted public and investor relations campaigns designed to maximize institutional and private investor awareness of companies traded on all major exchanges. PMSI produces a bi-monthly broadcast news show, as well as produces live CEO Interviews, conference filming, television commercials and other broadcast services through its wholly-owned subsidiary, Premier Stocks TV (PSTV) (www.PremierStocks.tv or www.hotchicksStockPicks.com or www.GreenStocksRock.com ).

About 1st Global Financial Corporation; FGBF is creating strategic partnerships with individual and institutional owners of property portfolios in Ireland, the United Kingdom, Europe, USA and the Caribbean to finance the acquisition of those portfolios.

1st Global Financial Corporation has selected a range of properties including hotels, commercial retail and office, and leisure developments to provide a comprehensive spreadsheet of income generation to facilitate growth in the Corporation.

1st Global intends to present to the investment community at all levels an opportunity to participate in solid property asset acquisition with steady income projection. The Corporation plans to issue a series of asset backed bonds in this financial year and has begun the confidential negotiations with book-runners and institutional investment managers in Europe, China, and the Middle East to facilitate that intention

For more information about FGBF please go to www.1stglobalfinancialcorp.com

Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as FGBF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements

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SOURCE 1st Global Financial Corporation