Capital Financial Global Acquires Distressed Gold Mine

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Capital Financial Global, Inc.
CFGX
, announced today that it has acquired a 100% interest in the St. Louis Gold Mine in Clark County, Nevada. The St. Louis Mine is comprised of Arctic, Atlantic, Pacific, Baltic, and Antarctic Lode patented gold and silver mining claims situated on 85.54 acres of property located in Clark Country, Nevada, approximately four miles north of Searchlight, Nevada, a well-known gold mining area. The move is consistent with the Company's stated long term strategy to back its lending operation by gold and precious metals so it can be insulated against another credit crisis, wherein much of the world's core assets were devalued almost overnight. "I want to make sure the back-bone of this company consists of assets that have intrinsic value and that can be freely traded anywhere in the world without being subject to third-party appraisals or local housing prices, and precious metals are really good for that," said Mr. Paul Norat, CEO of Capital Financial Global, Inc.
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