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Gemini Corporation Finalizes Purchase Agreement With ONYX Drafting Services LLC

Marketwired

CALGARY, ALBERTA--(Marketwired - March 11, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

Gemini Corporation (TSX VENTURE:GKX) ("Gemini") is pleased to announce that further to its news release dated March 7, 2014 (a copy of which is available under Gemini's SEDAR profile at www.sedar.com), Gemini has completed its acquisition of 50% of the outstanding securities of ONYX Drafting Services LLC (the "Acquisition"). As previously announced, Gemini has also retained an exclusive option to acquire the remaining 50% of the securities of ONYX Drafting Services LLC. As part of the consideration for the Acquisition, Gemini issued a total of 50,000 common shares of Gemini to the vendors at a deemed price of $0.81 per share, representing the 10-day volume weighted average price of Gemini's common shares prior to the announcement of the Acquisition.

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 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.

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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.

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.