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GKX Gemini Corp. (delisted)

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Share Name Share Symbol Market Type
Gemini Corp. (delisted) TSXV:GKX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Gemini Corporation Appoints New Director

09/01/2008 10:50pm

Marketwired Canada


Gemini Corporation (TSX VENTURE:GKX) is pleased to announce that Mr. Jim
Crittall has been appointed to the Board of Directors of the Corporation. Mr
Crittall is a retired oil and gas industry executive and most recently was
President of Natco Canada Ltd., a manufacturer of oil and gas production and
process equipment. He has held various senior management positions, primarily in
the service sector, and over his 35 year career with Natco has gained valuable
experience and insight into manufacturing and engineering for oil and gas
applications.


Mr. Crittall's background and experience will benefit the Corporation with
respect to its strategy to significantly expand its field services business.
Gemini, through its Kinetic Projects division, is recognized as a quality
fabricator and constructor of processing modules for heavy oil and other
applications. The Corporation currently has a significant backlog of fabrication
and construction projects with inquiries and opportunities continuing to be
received from existing and new clients which may necessitate increased capacity.
Management is currently examining alternatives to expand capacity to meet the
growing demand for services and achieve improved profitability.


In accordance with the Corporation's option plan, Mr. Crittall has been awarded
100,000 share purchase options at an exercise price of $0.39 per share, which
was the closing market price on January 8, 2008. The options are valid for four
years and vest one-third immediately and the remainder at one-third on each of
the next two anniversary dates.


"I look forward to having Mr. Crittall's counsel and input on our go forward
plans", stated Carl Johnson, Gemini's President and CEO. "His experience within
the service sector broadens the knowledge and experience base available from our
Board and will strengthen the Corporation for the future."


About Gemini Corporation

Gemini Corporation offers a wide range of interrelated services including
project management, engineering, fabrication, construction, operations and
maintenance of oil & gas and industrial facilities within Canada and
internationally. The Corporation is a leading provider of engineered solutions
and field services through either stand-alone or integrated, full-service
approaches to a broadening client base in an array of industry sectors.


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


Disclaimer

This news release contains forward looking information that represents Gemini's
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. The projections,
estimates and beliefs contained in such forward-looking statements are based on
management's assumptions relating to Gemini's performance and competition within
the sectors in which it competes, the continuation of the current regulatory and
tax regimes in the jurisdictions in which Gemini operates, and necessarily
involve known and unknown risks and uncertainties, including risks and
assumptions relating to client service demand, field service costs, labour
rates, and other factors that may cause actual performance and financial results
in future periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking statements.
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.


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