LAS VEGAS, July 14, 2011 /PRNewswire/ — 1st Global Financial Corporation (OTC: FGBF) announces today that it has entered into an agreement to purchase two Lots in the Humber Valley Resort located in Newfoundland, Canada. Each lot is about .45 Hectares. The each of the lots overlook the Humber Valley Resort’s River Course, voted “Canada‘s Best New Course 2007″ and Deer Lake.

This term of purchase is for $350,000 the majority of which is being paid for with the Company Bonds and the balance with FGBF Restricted Common Stock. This will be the first property that the Company will be acquiring with Company Bonds.

John Bannister, President of FGBF stated, “This is a lucrative development that has experienced difficulties because of the general economic downturn, but is now well positioned to increase in value as the economy improves, we are interested in further acquisitions in this particular development.”

For additional information about Humber Valley Resort please go to http://www.humbervalley.com/

For additional information about 1st Global Financial Corporation please visit our website, 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.

Contact:
1st Global Financial Corporation
Please send inquires
info@fgbf-corp.com
702-448-1861

SOURCE 1st Global Financial Corporation