Gemini Corporation Appoints New Director

CALGARY, Dec. 5, 2016 /CNW/ - Gemini Corporation (GKX-TSXV) is pleased to announce that Mr. John McVey, P.Eng, has been appointed to its Board of Directors, effective December 5, 2016.

John McVey is the CEO of Procon Group of Companies.  Mr. McVey's distinguished career in engineering, construction, procurement and project management spans over 35 years in the energy, mining and power industries in Canada as well as internationally.  He has held executive and senior management positions in corporate and project operations, business development, and strategic planning.  Having held senior roles with Bantrel, Bechtel, SNC Lavalin Group and Kilborn Engineering, he has developed a strong background in leadership and mentoring.  Mr. McVey has also been very active in community activities including the United Way.

"I am pleased to welcome Mr. McVey to the Gemini Board," stated Kevin Beingessner, Chairman of the Board. "We are looking forward to the direction and guidance to be received from our experienced new Director."

The company also announces that Gordon M. Ritchie has resigned from the Board of Directors but will continue to serve as an advisor to the Board and the executive.  Mr. Ritchie joined the Board as a director in 2012 and served as Chairman of the Audit Committee until 2016.  Mr. Ritchie was formerly Vice Chairman of RBC Capital Markets and serves on the board of Coril Holdings, Winsport Canada and numerous philanthropic initiatives.

In conjunction with his appointment as a Director of Gemini, Mr. McVey has been granted 12,000 performance share units and 32,000 restricted share units with a vesting date of January 1, 2019. The unit plan is structured to settle the performance share units by the issuance of shares on the vesting date.

About Gemini Corporation

Gemini, through its subsidiaries, operates as an integrated project solutions company focused on energy and industrial facilities. Gemini offers services on either a stand-alone basis or in a combination, integrated to provide our clients with a single point of accountability. The Company will be celebrating its 35th anniversary in 2017.

Through an all-in commitment from every individual in the Company, Gemini is determined to change the client perspective of how project services should be delivered. The Company is uniquely qualified to provide a full spectrum of modular and integrated project solutions, leveraging a philosophy and approach that directly aligns with its clients' business objectives.

The Company is capable of servicing its clients through the full life cycle of their assets; from asset acquisition, environmental and regulatory support, engineering, fabrication construction, maintenance, turnarounds, de-commissioning, reclamation and remediation. Gemini provides full project management to integrate any or all of these services. The Company's principal target markets are oil and gas, heavy oil, oil sands, midstream and pipeline facilities, hydrocarbon processing, power and other industrials.

The Company operates in western Canada and is headquartered in Calgary with offices in Ponoka, Fort Saskatchewan and Fort St. John.

Shares of Gemini trade on the TSX Venture Exchange under the symbol "GKX". For more information about the Company and its services, go to www.geminicorp.ca.

Disclaimer

This news release may contain forward looking information that represents Gemini's internal projections, expectations, estimates or beliefs concerning, among other things, future operating results and various components thereof or Gemini's future economic performance. All statements other than the statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expects", "projects", "plans", "anticipates", and similar expressions.. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted or suggested. The Corporation does not undertake to update any forward-looking information in this document whether as to new information, future events or otherwise.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Gemini Corporation

Copyright 2016 Canada NewsWire