Capital Financial Global Announces Lab Results at St. Louis Mine Test Positive, Gold Found

SALT LAKE CITY, March 27, 2012 /PRNewswire/ -- Capital Financial Global, Inc. (OTC:CFGX), announced today that laboratory results of six samples of head ore taken from its distressed St. Louis Mine tested positive for the presence of gold.

"Together with our fire assays and lab tests done in 1992 and the Mineral Land Assessment (MLA) studies done in 1988 for adjacent mines, these latest test results now make us extremely confident that our St. Louis Mine does have gold in it," said Mr. Paul Norat, CEO of Capital Financial Global, Inc. 

"Now that we have at least three independent sources of verification, we will now turn our attention toward finding the right mining strategy and raising the needed funds to bring this mine back into production," said Mr. Norat.

The St. Louis mine is comprised of 85.5 acres near Searchlight, Nevada, containing five patented lode mining claims.  For more information about the mine please visit our "Investor Center" at http://www.capfiglobal.com/investor-center/projects.

For additional information, please contact our Investor Relations department toll free at 888-801-9715 or by emailing [email protected].

About Capital Financial Global, Inc.

Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance company that, unlike traditional banks, helps organizations obtain needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and by converting distressed collateral into cash or trade-able form. The company is publicly traded on the OTC Markets trading system under the symbol "CFGX".

Our Business Model

The Company makes money by originating new loans, buying and selling existing loans, and by converting distressed collateral into cash or trade-able form.

Market Segments

The market segments the Company operates in are: insurance trusts and pension funds, residential & commercial real estate, precious metals, and investment grade government securities. The Company will also aggressively pursue any other opportunities that fall within its overall strategy.

Forward-looking statements:

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

For more information please contact:

Capital Financial Global, Inc.
Investor Relations
Tel: 888-801-9715
Email: [email protected]
www.capfiglobal.com

SOURCE Capital Financial Global, Inc.