Mississauga, ON -- (SBWIRE) -- 09/17/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Gemini Corporation Acquiring Muskeg Environmental Consulting.”
Companies mentioned in this article include Gemini Corporation (TSX-Venture:GKX).
2014 has been packed full of mega mergers, but this week has actually been a little change of pace with news of amalgamations slowing down a bit. Microsoft has made the biggest splash, saying on Monday that it is spending $2.5 billion to buy Mojang AB, the software company behind the insanely popular game Minecraft.
In the small cap space, Calgary-based professional energy service company Gemini Corporation (TSX-Venture:GKX) said on Wednesday that it is acquiring Muskeg Environmental Consulting Ltd., an environmental consulting firm servicing oil and gas clients in northeastern British Columbia, as Gemini aims to expand its services and geographic footprint in Western Canada. Muskeg employs more than 30 people in its office located in Fort St. John, British Columbia, specializing in environmental, remediation and reclamation services.
Financial terms of the transaction were not disclosed, nor have the terms been finalized, although Gemini intends to fund the acquisition through a combination of cash and shares. The acquisition is expected to close in early October.
The full version of this article can be found at:
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