Gemini Corporation Reports 2013 Third Quarter Results

Gemini Corporation (TSX VENTURE:GKX) announces its third quarter financial
results for the period ended September 30, 2013.


Revenue in the third quarter of 2013 totalled $35.7 million, which was a 58%
increase over the $22.6 million achieved in the third quarter of 2012. Year to
date revenue totals $78.8 million compared to $67.3 million for the same period
last year. The increase in third quarter revenue is a reflection of the strong
backlog of work that has been established with the Corporation's key clients.
The alliance agreements that have been entered into over the past 18 months are
generating new levels of activity and presenting solid growth opportunities for
all operations. The backlog for the remainder of 2013 and early 2014 is not as
substantial as it was entering into the third quarter, due to the recent
softening of activity and normal seasonality across the energy services market.


Third quarter gross profit for 2013 was $7.3 million compared to $3.8 million in
the same period of 2012, resulting in year to date gross profit of $14.8 million
versus $11.3 million last year. Gross profit as a percent of revenue remained
consistent with the second quarter at 20%, driven by strong staff utilization
and controlled infrastructure spending as revenue increased.


The Corporation's 2013 third quarter net income was $1.8 million (3.4 cents per
share) compared to the 2012 third quarter net income of $0.4 million (1.1 cents
per share). Net income for the nine months ended September 30, 2013 total $2.6
million (4.8 cents per share) compared to $1.0 million (2.9 cents per share) for
the same period of 2012.


"The impressive third quarter results are a testament to the hard work and
dedication of our people as we continue to grow the organization," remarked Doug
Lautermilch, Gemini's President and CEO. "We have a strong team of professionals
across the entire company that are dedicated to doing what is right for our
clients and that is winning us repeat work like we have never experienced
before. We stated in our 2012 Annual Report that we are 'Ready for Growth' and
the results of the third quarter demonstrate the truth in that statement."


About Gemini Corporation

Gemini Corporation is a professional services firm that designs, builds and
maintains energy and industrial facilities. Founded in 1982, Gemini combines its
engineering and field service capabilities to increase project efficiency and
provide a single point of accountability. The Corporation's principal target
markets are conventional and unconventional oil and gas, in-situ heavy oil, and
heavy industrial facilities.


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.


Gemini's 2013 third-quarter report will be filed with SEDAR at www.sedar.com by
November 15, 2013.




                      CONSOLIDATED FINANCIAL HIGHLIGHTS                     
                                                                            
                                      Three Months Ended   Nine Months Ended
Operating Highlights ($'000)          Sept 30,  Sept 30,  Sept 30,  Sept 30,
                                          2013      2012      2013      2012
Revenue                               $ 35,682  $ 22,635  $ 78,815  $ 67,291
Gross profit                             7,251     3,843    14,767    11,264
Income before interest & taxes           2,312       612     3,427     1,564
Net income                            $  1,839  $    388  $  2,626  $  1,009
                                                                            
Earnings per share (basic)            $  0.034  $  0.011  $  0.048  $  0.029
Earnings per share (diluted)          $  0.030  $  0.011  $  0.046  $  0.029
                                                                            
Financial Position Highlights ($'000)                 Sept 30,  December 31,
                                                          2013          2012
Working capital                                      $  13,456 $      12,089
Total assets                                            43,778        26,088
Shareholders' equity                                    20,395        17,689



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. 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.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gemini Corporation
Doug Lautermilch
President & CEO
[phone]
[e-mail]


Gemini Corporation
Robert Brookwell
Executive VP & CFO
[phone]
[e-mail]
www.geminicorp.ca