Forest Gate Energy Inc. (TSXV:FGE)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Forest Gate Energy Inc. Charts. Click Here for more Forest Gate Energy Inc. Charts.](/p.php?pid=staticchart&s=TX%5EFGE&p=8&t=15)
MONTREAL, Oct. 20 /CNW/ --
SYMBOL & EXCHANGE: FGE-V
MONTREAL, Oct. 20 /CNW Telbec/ - Forest Gate Energy Inc. reports that it
has hired Edward L. Procyshyn to manage and supervise its mineral
exploration projects.
Mr. Procyshyn will be responsible for developing the exploration program
for Forest Gate's 100%-owned Pershing Gold property located near Val
d'Or, Quebec. Mr. Procyshyn is an Officer and qualified person for
Forest Gate.
Mr. Procyshyn has worked in the Val d'Or gold camp since 1997, and was
involved in previous exploration programs on the Pershing gold property
between 1997 and 2003.
"Ed has a lot of experience on the Pershing Gold property, and has many
ideas regarding its development," says Michael Judson, Forest Gate's
Chief Executive Officer and President.
Mr. Procyshyn graduated in 1965 from the University of Manitoba with a
B.Sc. Geological Engineering degree. He undertook his Ph.D. research
studies at Queen's University, Kingston.
From 1979 to 1995, Mr. Procyshyn was a Professor of Geology at Concordia
University and taught courses in Field Mapping, Petrology, Structural
Geology, Tectonics and Economic Geology. Mr. Procyshyn left Concordia
in 1995 when the University closed its geology department and formed Le
Groupe GeoInfo, a mineral exploration consulting company.
Mr. Procyshyn is a registered member of the Ordre des Géologues du
Quebec, pa fellow of the Geological Association of Canada and the
Society of Economic Geologists, and a member of the Geological Society
of America and the American Association of Petroleum Geologists.
Mr. Procyshyn has been involved in structural mapping and conducted
metallogenetic and exploration studies in Nunavut, British Columbia,
Val d' Or and the Appalachian region of Gaspé and New Brunswick.
Le Groupe GeoInfo has also been involved in the study and evaluation of
gold, gold-polymetallic and molybdenum deposits in Armenia, skarn gold
deposits in northern Spain, and placer diamond deposits in Russia.
Additionally, Mr. Procyshyn has been involved in evaluating gold
deposits in various parts of Kyrgyzstan and Siberian Russia.
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 Company 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.
To view this news release in HTML formatting, please use the following URL: http://www.cnw.ca/en/releases/archive/October2010/20/c4094.html
pROBERT KRAMBERGER, V-P, INVESTOR RELATIONSbr/ 1-866-666-3040 br/ a href="mailto:rkramberger@forestgate.ca"RKRAMBERGER@FORESTGATE.CA/a br/ a href="http://www.forestgate.ca/"WWW.FORESTGATE.CA/a/p