Gemini Corporation
TSX VENTURE : GKX

Gemini Corporation

October 29, 2007 17:37 ET

Gemini Corporation Grants Options

CALGARY, ALBERTA--(Marketwire - Oct. 29, 2007) - Gemini Corporation (TSX VENTURE:GKX), today announces the grant of options to one officer and certain senior employees.

An aggregate of 200,000 options were granted at an exercise price of $0.31 per share, which was the closing market price on day prior to the grant. 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 anniversary dates. These grants bring the total number of options outstanding to 2,671,834 or 7.7% of the 34,564,203 issued and outstanding common shares of the Corporation.

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.

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

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