Forest Gate Energy Inc. reports it has appointed L. Derek Lindsay as Chief Financial Officer of the company.

Forest Gate Energy Inc. reports that it has completed a non-brokered private placement by issuing an aggregate of 6,111,110 flow-through units at a price of $0.09 per unit and 625,000 hard dollar units at a price of $0.08 per unit to three limited partnerships associated with the MineralFields Group of Toronto, Ontario, for gross proceeds to Forest Gate of $600,000.

Forest Gate Energy Inc. reports that it has hired Edward L. Procyshyn to manage and supervise its mineral exploration projects.

Forest Gate Energy Inc. reports it has appointed Brian Weihs as a Director of the company.

Forest Gate Energy Inc. reports that it has entered into a Purchase Agreement to acquire the Pershing gold property located near Val D'Or, Quebec from two private gold exploration companies called Montigua Resources Inc. and Bermont Resources Inc. Pershing is a gold exploration property consisting of 252 contiguous, unpatented mining claims. Following the closing of the purchase, Forest Gate will have a 100 percent interest in the Pershing property.