News

News 2017-03-16T20:27:13+00:00

2403, 2017

Capital Financial Global Announces Letter of Intent for Possible Life Settlement Transaction

March 24th, 2017|0 Comments

FOR IMMEDIATE RELEASE SALT LAKE CITY, UT--(March 24, 2017) - Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has signed a Letter of Intent to enter into a possible arrangement involving the potential acquisition of cash flows derived from the death benefit payouts from various portfolios of senior life settlement policies. "This marks a clear path [...]

2203, 2017

What is a life settlement?

March 22nd, 2017|0 Comments

What is a life settlement? A life settlement is the sale of a life insurance policy to a third party for a value in excess of the policy’s cash surrender value, but less than its face value, or death benefit. A policy owner receives a cash payment, while the purchaser of the policy assumes all future premium payments and [...]

902, 2017

CEO Update: Long-Term Outlook

February 9th, 2017|Comments Off on CEO Update: Long-Term Outlook

Dear Shareholders: I have had lots of inquiries as to how the company is doing and what we are working on behind the scenes, so I want to take a quick minute to update you on some things. We are an asset-based finance company, as has been the case for the last six years. As such, we are presently [...]

2112, 2016

Capital Financial Global Completes Sale of Its St. Louis Mine, Finalizing its Withdrawal from All Mining Related Business

December 21st, 2016|Comments Off on Capital Financial Global Completes Sale of Its St. Louis Mine, Finalizing its Withdrawal from All Mining Related Business

SALT LAKE CITY, UT / December 21, 2016 / Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that on November 29, 2016, it completed the sale of its St. Louis Mine (the "Mine") to Ireteba Mining Company, LLC ("Ireteba"), in an arms-length transaction that finalizes its complete withdrawal from all mining related business. “This marks the end of [...]

2311, 2016

Happy Thanksgiving!

November 23rd, 2016|Comments Off on Happy Thanksgiving!

Dear Shareholders: I just wanted to pause for a minute and wish you all a Happy Thanksgiving! Sincerely, Paul Edward Norat, CEO Capital Financial Global, Inc. @CFGX https://www.facebook.com/capfiglobal/

402, 2016

Capital Financial Global Cancels Off-Take Agreement with Noble Metal Kings, Withdraws from All Mining Related Business

February 4th, 2016|Comments Off on Capital Financial Global Cancels Off-Take Agreement with Noble Metal Kings, Withdraws from All Mining Related Business

SALT LAKE CITY, UT / ACCESSWIRE / February 4, 2016 / Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has cancelled the off-take agreement to purchase gold bearing ore concentrates from Noble Metal Kings, LLC, originally announced on July 30, 2014. "We've waited long enough for this relationship with Noble Metal Kings to be productive," said [...]

2909, 2015

CEO Update: Change in Principal Office Address

September 29th, 2015|0 Comments

Dear Shareholders: I'm please to announce that we have moved our principal office to a new location. Our new physical address is: Capital Financial Global, Inc. 5251 Green Street, Suite 250 Murray, UT 84123 Our mailing address, however, is the same: Capital Financial Global, Inc. 1042 Fort Union Blvd, #521 Midvale, UT 84047   Sincerely, Paul Edward Norat, CEO [...]

1805, 2015

CEO Update: Off-Take Agreement, Noble Metal Kings

May 18th, 2015|0 Comments

Dear Shareholders: I had a meeting with the Mr. Laman Milner over the weekend to discuss the status of our Off-Take Agreement and the progress Noble Metal Kings is making in bringing its mining project into full-scale operation. Mr. Milner represented to me that, although they are way behind schedule, Noble Metal Kings has every intention of performing its [...]

2702, 2015

CEO Commentary: Disclosures & Comments Related to Off-Take Agreement

February 27th, 2015|0 Comments

Dear Shareholders: I've received a number of inquiries related to the Off-Take Agreement we have in place with Noble Metal Kings, LLC. I will attempt to paraphrase them and answer them below. Question: "Regulatory records suggest that the Doc Watson Mine is abandoned, how can CFGX legitimately claim it will get any gold from there? Our Off-Take Agreement with [...]

2002, 2015

CEO Commentary: Off-Take Agreement

February 20th, 2015|0 Comments

Capital Financial Global Receives Test-Run Quantities of Gold From Off-Take Agreement Dear Shareholders: I am happy to announce that last week I had a meeting with the principal of the company that we entered into the off-take agreement with. During that meeting he hand-delivered to me several vials of gold material derived from recent test-runs conducted at the mining [...]

312, 2014

CEO Commentary

December 3rd, 2014|0 Comments

Dear Shareholders: I received an inquiry from a concerned shareholder wondering when we will be posting updates. Here is my verbatim reply, I thought it might be good for you all to see. Dear [name redacted], Thanks for keeping in touch. We are STILL working on the disclosures and Q3 filings. I spent several more hours yesterday with our [...]

2808, 2014

CEO Update: Operational Update Delayed

August 28th, 2014|0 Comments

Dear Shareholders: You may have noticed that I pulled our Q2 2014 "Quarterly Report" down from the OTC Online Disclosure Portal today because we have found some disclosure inadequacies that we need to address immediately--nothing major, but now that we know about it we can't allow it to go even for another day. Unfortunately, this means my press release [...]

3007, 2014

Capital Financial Global Acquires 10 Year Stream of Gold Ore Concentrates in Off-Take Agreement

July 30th, 2014|Comments Off on Capital Financial Global Acquires 10 Year Stream of Gold Ore Concentrates in Off-Take Agreement

SALT LAKE CITY, July 30, 2014 /PRNewswire/ - Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has successfully acquired a ten-year stream of gold ore concentrates in an off-take agreement with mining company Noble Metal Kings. The agreement calls for a minimum of 100 kilograms (3,215 troy ounces) per month, at 80% purity, with a price [...]

2807, 2014

CEO Update: Definitive Docs with Noble Metal Kings Now Imminent

July 28th, 2014|0 Comments

Dear Shareholders: I met with the principal of Noble Metal Kings and his attorney this morning and we were able to talk through all of the remaining issues regarding our gold ore concentrates off-take agreement. The attorney is drafting the final docs that reflect the content of this morning's discussions, as we speak. I hope to have an executable [...]

2407, 2014

CEO Update: Definitive Documents With Noble Metal Kings Are In Second Wave of Drafts

July 24th, 2014|0 Comments

Dear Shareholders: Today I received the first counter-draft of a definitive agreement back from Noble Metal Kings's attorney.  For the most part, nothing too substantial was counter-proposed and all of the economic deal terms between us remained materially the same. There were a few logistic concerns raised that we'll need to hammer out, so we are going to sit down [...]

1507, 2014

CEO Update: Working on Definitive Documents With Noble Metal Kings

July 15th, 2014|0 Comments

Dear Shareholders: We are in the process of drafting the definitive documents for the transaction with Noble Metal Kings.  Assuming all goes well, we should be done with it and have it through attorneys this week.  I will start putting out more frequent updates regarding this, now that we are closer to the end, with press to follow. Since [...]

307, 2014

CEO Update: $5.1 Million Gold Rush Refiners Loan Assumed by Quantum Gold Refiners

July 3rd, 2014|0 Comments

Dear Shareholders: Those of you that have been following us know that one of our largest assets is the $5.1 million dollar loan originally payable to us by Gold Rush Refiners, LLC in Atlanta. I am writing to let you know that there was an asset purchase agreement wherein all of the assets, but not the liabilities, of Gold [...]

3006, 2014

Capital Financial Global Executes LOI To Purchase Gold Concentrates In Off-Take Agreement With Noble Metal Kings

June 30th, 2014|Comments Off on Capital Financial Global Executes LOI To Purchase Gold Concentrates In Off-Take Agreement With Noble Metal Kings

SALT LAKE CITY, June 30, 2014 /PRNewswire/ -- Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has executed a letter of intent to purchase gold ore concentrates from Noble Metal Kings in an off-take agreement. Definitive documents outlining the details are expected to be entered into within the coming weeks. The letter of intent states that [...]

2606, 2014

CEO Update: Noble Metal Kings

June 26th, 2014|Comments Off on CEO Update: Noble Metal Kings

Dear Shareholders: Now that we have promising lab results back on on the Noble Metal Kings transaction, we've been anxiously working toward getting some new terms on paper in the form of a letter of intent. I will be working all day on this and hope to have something done today. If we can come to terms today before [...]

2306, 2014

Technical Report On The Doc Watson Project – Mohave County, Arizona

June 23rd, 2014|Comments Off on Technical Report On The Doc Watson Project – Mohave County, Arizona

About Capital Financial Global, Inc. Capital Financial Global, Inc. (CFGX) is a specialty finance company that offers asset-backed financing and loan advisory services to insurance trusts & pension funds, owners of commercial real estate, owners of residential real estate portfolios, and owners of mining & precious metals assets. Our Market Positioning & Differentiation Unlike traditional banking models, CFGX offers [...]