SHARES OUTSTANDING: 82 Million
SYMBOL & EXCHANGE: FGT-V
MONTREAL, April 4 /CNW Telbec/ - Forest Gate Resources Inc. reports that
it has hired Stephen Silvano as Vice-President - Commercial.
Silvano is an engineering apprentice graduate of the Royal Electrical &
Mechanical Engineers of the U.K. Ministry of Defence. He brings over 30 years
experience in the technical and commercial management of several companies in
the telecom off-shore industry both private and public.
"We are very pleased to welcome Steve to Forest Gate," said Michael
Judson, President of Forest Gate. "His technical and commercial experience
will augment development of the company as it grows into a significant
international oil and gas exploration & production company ."
Forest Gate Resources Inc. is an international oil & gas exploration
company. The company is seeking to increase shareholder value through
participation and development of oil & gas exploration and production projects
in Ireland and Canada. The company's shares trade under the symbol FGT on the
TSX Venture Exchange.
This news release contains discussion of items that may constitute
forward-looking statements within the meaning of securities laws that involve
risks and uncertainties. Although the company believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurances that its expectations will be achieved.
Factors that could cause actual results to differ materially from expectations
include the effects of general economic conditions, actions by government
authorities, uncertainties associated with contract negotiations, additional
financing requirements, market acceptance of the Company's products and
competitive pressures. These factors and others are more fully discussed in
Company filings with Canadian securities regulatory authorities.
The TSX Venture Exchange has not reviewed nor does it accept
responsibility for the adequacy or accuracy of this news release
For further information:
For further information: Robert Kramberger, V-P, Investor Relations,
Forest Gate Resources Inc., 866-666-3040, firstname.lastname@example.org;