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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 the appointment of Mr. Michael Boyles as Vice President, Business Development. Mr. Boyles brings to Gemini extensive experience as a senior business development and marketing leader. His expertise and track record for client relationship development and marketing initiatives designed to generate both revenue and profit growth will be of significant value to the Corporation. Michael will provide leadership for strengthening existing client relationships and pursuing new client opportunities to fulfill his mandate to expand Gemini's presence in its target markets. He will also be collaborating with the rest of the team to provide strategic direction on various service offering enhancements planned for this year. Although 2011 finished below expectations, the Corporation is starting 2012 with a solid backlog of work across all operations and efforts are continuing to strengthen this position even further. Combining this workload with the operational improvements implemented through 2011 will position the organization well to achieve its objective of improved profitability in 2012. Upon hiring, Mr. Boyles was granted 150,000 options to purchase Gemini common shares at an exercise price of $0.22 per share. Under the terms of Gemini's option plan, 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 is a professional services firm that designs, builds and maintains energy and industrial facilities. Founded in 1982, Gemini provides services on either a standalone basis or by combining 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. 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.
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