LAS VEGAS, Nov. 21, 2011 /PRNewswire/ -- 1st Global Financial Corporation (OTC: FGBF) is pleased to now have a fully operational office located at 60 Welbeck Street, London W1GXB. With a proportion of 1st Global's activities currently taking place in Europe, it became a necessity to have an operational base in London. The Company also is pleased to announce that the financials for the 3rd quarter 2011 have been filed and can be viewed by going to [ http://www.otcmarkets.com/stock/FGBF/financials ].

A major highlight in the financials is the reporting of the recently announced $350,000,000 Euro line of credit. While this transaction did not occur in the 3rd quarter, a subsequent event disclosure is made in the financials. Now with the proper organization and structure in place and with substantial funding on hand, members of 1st Global are aggressively executing on the business plan of building property portfolios with a number of bids currently in for the acquisitions of several properties. FGBF also expects to add other key personnel to advance the operations and fundamental value of the Company into and through 2012.

1st Global Financial Corporation's President Johnny Bannister said, "We are on track to delivering the realization of our business plan for this year and the first fiscal quarter of next. We see the momentum growing for the establishment of our presence in Europe and we are positioned to take maximum advantage of the opportunities opening up to us in the property markets in the UK, Ireland, and mainland Europe."

About 1st Global Financial Corp OTC 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 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.

Safe Harbor Statement: This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as 1st Global Financial Corporation 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.

1st Global Financial Corporation

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1st Global Financial Corporation Officially Opens London Office and Files 3rd Quarter Financials

1st Global Financial Corporation Officially Opens London Office and Files 3rd Quarter Financials