Forest Gate to file annual financials
May 31 2012 - 5:43AM
PR Newswire (Canada)
Symbol & exchange: FGE-V CALGARY, June 1, 2012 /CNW Telbec/ -
Forest Gate Energy Inc. reports that having secured a new audit
firm, the company is in the process of completing the preparation
of its annual financial statements and MD&A. Forest Gate
anticipates filing the reports on SEDAR within the coming
weeks. The quarterly financials & MDA at March 31, 2012
will be filed shortly after. About Forest Gate Energy Forest Gate
Energy Inc. is a publicly listed oil and gas exploration and
production, and non-energy resource company trading on the TSX
Venture Exchange under the symbol FGE. The Corporation is seeking
to increase shareholder value through participation and development
of energy and other resources in Canada and internationally.
FORWARD-LOOKING STATEMENTS Certain statements regarding Forest
Gate, including management's assessments of future plans and
operations and Forest Gate's anticipated financial performance, may
constitute forward-looking statements under applicable securities
laws and necessarily involve known and unknown risks and
uncertainties, most of which are beyond Forest Gate's control.
These risks may cause actual financial and operating results,
performance, levels of activity and achievements to differ
materially from those expressed in, or implied by, such
forward-looking statements. Such factors include, but are not
limited to: the impact of general economic conditions in Canada and
the United States; industry conditions including changes in laws
and regulations including adoption of new environmental laws and
regulations, and changes in how they are interpreted and enforced;
competition; the lack of availability of qualified personnel;
fluctuations in commodity prices; the results of exploration and
development drilling and related activities; imprecision in reserve
estimates; the production and growth potential of Forest Gate's
various assets; fluctuations in foreign exchange or interest rates;
the ability to access sufficient capital from internal and external
sources; and obtaining required approvals of regulatory
authorities. Neither TSX Venture Exchange nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
the accuracy of this release. FOREST GATE ENERGY INC. CONTACT:
Michael Judson, President &
CEO1-866-666-3040mjudson@forestgate.cawww.forestgate.ca
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