CALGARY, ALBERTA -- (Marketwired) -- 12/16/13 -- Gemini Corporation ("Gemini") (TSX VENTURE: GKX) announces the implementation of a Performance Share Unit and Restricted Share Unit Plan (the "Unit Plan"). The Unit Plan has been established for long-term incentive purposes as an attraction and retention program for Directors, Officers and Senior Management personnel of Gemini.
Under the Unit Plan, an aggregate of 1,115,000 units have been granted to Directors and Officers with a vesting date of January 1, 2016. The Unit Plan is structured to settle the units by the issuance of shares or cash on the vesting date. The Unit Plan and the units granted thereunder are subject to the approval of the TSX Venture Exchange and Gemini's shareholders at the company's next Annual General Meeting.
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
President and CEO
Executive VP and CFO