2011
30 December 2011
Forest Gate Withdraws Offer To Acquire Oil and Gas Assets
Forest Gate Energy Inc. reports that its energy group has withdrawn its offer to acquire oil and gas assets from Sandbox Energy Corp. of Calgary.
13 December 2011
Forest Gate to Acquire Oil and Gas Assets
Forest Gate Energy Inc. reports that its energy group has entered into a letter of intent with Sandbox Energy Corp., a private oil and gas company based in Calgary, Alberta, to acquire most of the existing oil and gas assets of Sandbox, a prospective deal to acquire new oil production and reserves and $500,000 in cash.
2 November 2011
Forest Gate Closes Cuff Lake Iron Property Acquisition
Forest Gate Energy Inc. reports that its mineral group has completed its acquisition of the Cuff Lake iron property located in the Abitibi region of Quebec, approximately 160 kilometres southeast of Val d'Or and 145 kilometres south of Forest Gate's Pershing iron property.
19 October 2011
Forest Gate Launches Aeromagnetic Survey at Pershing
Forest Gate Energy Inc. reports that its mineral exploration group has engaged Prospectair Geosurveys Inc. of Gatineau, Quebec, to fly a heliborne magnetic and time-domain electromagnetic survey over its 100 percent-owned Pershing irongold property in the Abitibi region of Quebec.
18 October 2011
Forest Gate Closes $199,200 Private Placement
Forest Gate Energy Inc. reports that it has completed a private placement by issuing an aggregate of 166 flowthrough units at a price of $1,200 per unit to for gross proceeds to Forest Gate of $199,200.