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Share Name | Share Symbol | Market | Type |
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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 | |
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0.00 | 0.00% | 0 | - |
Gemini Corporation (TSX VENTURE:GKX) is pleased to announce that Mr. Terry Gomke has been appointed to the Board of Directors of the Corporation. Mr Gomke is a retired oil and gas industry executive with more than 38 years of experience. He has held increasingly senior positions over the course of his career, primarily in the service sector, with the past 14 years spent as President and CEO of Gibson Energy Ltd. Mr. Gomke's background and experience will benefit the Corporation with respect to its growth strategy and the initiatives underway to further penetrate the energy sector. The strength of his leadership earned him a place on the list of "Alberta's 50 Most Influential People". Terry brings extensive Board experience and his previous appointment as the chair of the Alberta Economic Development Authority adds increased depth and perspective to the Gemini Board of Directors. Terry is widely recognized for his business background and his insights into the energy sector will benefit management as the Corporation positions for expansion. "I am pleased we have been able to attract someone of Terry's stature and background" stated Doug Lautermilch, Gemini's President and CEO. "It's a testament to the strength of our reputation and supports our belief in Gemini's strategy for the future." In accordance with the Corporation's option plan, Mr. Gomke has been awarded 100,000 share purchase options at an exercise price of $0.23 per share, which was the closing market price on September 29, 2010. The options are valid for four years and vest one-third immediately and the remainder at one-third on each of the next two grant date anniversaries. About Gemini Corporation Gemini Corporation offers a wide range of interrelated services including project management, engineering, fabrication, construction, and maintenance of oil & gas and industrial facilities within Canada and internationally. The Corporation is a leading provider of field solutions and engineered solutions through either standalone or integrated service approaches to a broadening client base in the energy and industrial sectors. The Corporation's principal target markets are conventional and unconventional oil and gas, in-situ heavy oil, heavy industrial, power, and renewable energy. 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.ca. Disclaimer This news release contains 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. 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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