Gemini Corporation
TSX VENTURE : GKX

Gemini Corporation

November 06, 2013 09:55 ET

Gemini Expands Service Offering

CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Gemini Corporation (TSX VENTURE:GKX) is expanding its service offering in response to changes that are continuing to evolve in the oil and gas market. These market dynamics are creating an opportunity for the Corporation to exploit its fabrication, assembly, and staging capabilities as an in-market service provider to handle out-of-market supply. This initiative is expected to enhance Gemini's integrated service offering by enabling it to manage supply chain bottlenecks and improve cost efficiency for clients.

To effectively realize these opportunities, Gemini has entered into a long-term lease for land surrounding its fabrication facility in Ponoka, Alberta, thus increasing its total footprint to 47 acres. This positions Gemini similar in scale to its larger competitors and enables the Corporation to pursue more significant fabrication and assembly scopes of work. In addition, recent investments in automation equipment and on-site painting facilities, position Gemini well to achieve future growth objectives.

"These actions bolster Gemini's integrated solution capability", commented Doug Lautermilch, Gemini's President and CEO. "The investments and capacity building we are completing is intended to strengthen our in-market differentiation as a service provider of choice to the energy industry for mid-sized project scopes."

Visit the Gemini website or email contact@geminicorp.ca for additional information.

About Gemini Corporation

Gemini Corporation is a professional services firm that provides engineering, regulatory, fabrication, installation and maintenance solutions for clients through stand-alone or integrated service delivery models. For more than 30 years, Gemini has been harnessing the energy of its staff and clients to power innovation in conventional and unconventional oil and gas, in-situ heavy oil and heavy industrial facilities across western Canada. Our integrated design-build project delivery model differentiates Gemini and provides tremendous value-added benefits for clients, such as constructability advice at the design phase, schedule compression and one point of accountability.

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.

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

Contact Information