News Release
Acquisition of Gemini Energy Corp. SecuritiesLondon, United Kingdom, May 14, 2002 - The Company announces that it has acquired an aggregate of 468,900 shares of Gemini Energy Corp. ("Gemini"), currently representing approximately 2% of the issued and outstanding common shares of Gemini, through various purchases on the TSX Venture Exchange. As a result of the foregoing acquisition, the Company now owns 5,668,900 common shares of Gemini representing approximately 24.1% of the issued outstanding shares of Gemini. The securities of Gemini referred to in the foregoing have been acquired for investment purposes. The Company may, depending on market and other conditions, increase or decrease its beneficial ownership of Gemini's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities. This press release is issued pursuant to Section 111 of the Securities Act (British Columbia) and section 141 of Securities Act (Alberta), which also require a report to be filed with the B.C. Securities Commission and the Alberta Securities Commission containing additional information with respect to the foregoing matters (the "Report"). To obtain a copy of the Report or for further information, contact Carolyn Laurin at (604) 669-1471 or visit our website at www.cubixinvestments.com
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