First Platinum Retail Innovations, Inc. -- Update on Corporate Actions
First Platinum Retail Innovations Inc. (PINKSHEETS: FPRT) confirms
that it has filed a "Certificate of Amendment to Articles of
Incorporation" with the Secretary of State in Nevada and on an
expedited basis. We expect to have the same filed this morning.
We have stated in that filing that the "Record Date" for the
Reverse Split is March 16, 2009 and that the "Pay Date" is March
18, 2009. These dates are still to be set with FINRA and are not
therefore binding and it possible that these dates may be amended
by a few days.
The Company's Attorneys will be obtaining a new CUSIP Number for
the Company today; to be followed by a name change to "Hurasu
Resource Corporation" and Trading Symbol change with NASDAQ
Corporate Actions Department. We intend to complete these actions
The Company confirms that it will complete the acquisitions of
both the "Bouse" and "South Copperstone" Gold properties from
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) upon the "Pay
Date" of the Hurasu Resource Corporation aforesaid Reverse Split of
Hurasu Resource Corporation's shares of Common Stock. The Company
expects to pay Fortress Financial Group, Inc. (PINKSHEETS: FFGO)
its shares of Common Stock in Hurasu Resource Corporation by no
later than March 25, 2009 at the absolute latest; but it is
expected to be at an earlier date. Fortress Financial Group, Inc.
(PINKSHEETS: FFGO) will be distributing all of its stock in Hurasu
Resource Corporation to its stockholders immediately upon its
receipt of these shares of Hurasu Resource Corporation Common
Hurasu Resource Corporation and its Transfer Agent will work
alongside Fortress Financial Group, Inc. and its Transfer Agent to
facilitate the accurate and orderly payment of Fortress Financial
Group Inc.'s Extraordinary Stock Dividend of Hurasu Resource
Corporation's restricted shares of Common Stock to eligible
Fortress Financial Group, Inc. stockholders.
ABOUT FIRST PLATINUM RETAIL INNOVATIONS:
The Company has entered into Agreements to acquire a number of
Gold Mining & Exploration properties; namely "Bonanza,"
"Clara," "El Dorado," "North Rawhide," "Ester Basin," "Potts
Mountain" and "McCracken" Gold Projects. The Company's flagship
Gold Mining Property is "Bonanza." The Company has agreed to
acquire two additional Gold Mining Projects, those being "South
Copperstone" and "Bouse." The Company will conclude these
transactions post the Reverse Split of its outstanding shares of
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: First Platinum Retail Innovations, Inc. Ronald Y
Lowenthal President Email Contact Tel: 954-840-6955