PHI Group Chairman and CEO Henry Fahman Speaks on Frontier Markets Panel at the 2010 Reverse Merger Conference


LOS ANGELES and TORONTO, June 29, 2010 (GLOBE NEWSWIRE) -- PHI Group, Inc. (OTCBB:PHIE) (Frankfurt:PR7) (XETRA:PR7) (WKN A0RNQV), www.phiglobal.com/">www.phiglobal.com, an M & A company with diversified holdings in real estate development, energy, natural resources and special situations, announced today that Henry Fahman, the Company's Chairman and CEO, will be a panelist at the Reverse Merger Conference in Toronto on June 29, 2010.

Mr. Fahman will be a panelist discussing, "Frontier Markets: Exploring International Deals Outside of the U.S. and China."

This panel examines how to educate the client, the legal team, the government and the auditor, while exploring the emerging markets in Cambodia, Singapore, Vietnam and India.

The Reverse Merger Conference is the largest event of the year for professionals in the business of alternate IPO transactions. This two-day conference features technical training on the latest issues relating to reverse mergers, self-underwriting, and other alternative routes to the public market.  This annual event has a global focus and is being held in Toronto for the first time. The conference will cover traditional U.S. listing options as well as explore the benefits of going public through alternate IPO transactions. 

To learn more about the Reverse Merger Conference

About PHIGroup.

PHIGroup provides M&A advisory and consulting services, develops real estate and natural resources, and invests in special situations. PHIGroup, which specializes in raising capital and helping take companies public, is developing Philand Ranch, one of the largest master planned communities in Vietnam through its majority owned subsidiary Philand Ranch Limited (Frankfurt:1P8) (XETRA:1P8). This project includes Pointe91, a luxury resort and premium residential community in Quang Nam province in central Vietnam http://www.philandranch.com/. PHIGroup is also engaged in mining in Southeast Asia through PHI Mining Group, Inc. (Pink Sheets:PHIG). Web site: http://www.phiglobal.com/

Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.



            

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