Forest Gate reports that its mineral exploration group continues to work on the financing required to develop its two 100 percentowned iron ore properties located in the Abitibi region of central Quebec.

Forest Gate Energy Inc. announces that it will file on SEDAR by March 21, 2012 amended and restated unaudited interim financial statements and management discussion and analysis for the quarter ended September 30, 2011 (collectively the "Amended Statements").