Forest Gate Energy Announces Change of Auditors Anticipates the filing of its annual financial statements and MD&A within 30 da
2012年5月1日 - 3:12AM
PR Newswire (Canada)
SYMBOL & EXCHANGE: FGE-V CALGARY, May 1, 2012 /CNW Telbec/ -
Forest Gate Energy Inc. announces that it has not filed its annual
financials and MD&A as of today. Having secured a new audit
firm, Forest Gate anticipates filing its annual financials and
MD&A within 30 days. Forest Gate's filing of its annual
financials and MD&A is delayed due to liquidity circumstances
beyond the company's control. Failure to make this filing will
likely result in a cease trade of its shares. 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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