SOURCE: Gemini Corporation

Gemini Corporation

March 18, 2015 18:06 ET

Gemini Corporation Announces a Significant Fabrication Contract

CALGARY, AB--(Marketwired - March 18, 2015) - Gemini Corporation (TSX VENTURE: GKX) has been awarded a $21 million contract by TR Canada Inc. for the assembly of certain process modules destined for the North West Redwater Partnership Sturgeon Refinery located approximately 45 km northeast of Edmonton, Alberta. Module assembly will be completed at the Corporation's newly expanded Ponoka fabrication facility.

The module assembly is scheduled to commence in Q2, 2015 and continue through to the end of the first quarter of 2016. The modules being supplied will be incorporated into the light ends recovery unit and the sulphur plant for phase 1 of the refinery. The refinery will have the capacity to process approximately 78,000 barrels per day (BPD) of bitumen blend into high value products destined for the Alberta, North American and international markets.

"This significant project award is further verification of Gemini's increasing profile in the oil and gas services market," said Doug Lautermilch, President and CEO of Gemini Corporation. "The investments we have made to increase efficiency and expand our fabrication facility coupled with the recognition of our quality and safety performance is opening opportunities to compete successfully on larger projects. We are extremely proud to be building relationships with some of the most prominent organizations in the Canadian oil and gas market as we continue to expand our business."

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 midstream oil and gas, in-situ heavy oil, oil and gas production, and oil and gas processing 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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