July 24, 2014 1:52 PM ET

Metals and Mining

Company Overview of Gemini Explorations Inc.

Company Overview

Gemini Explorations Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. The company owns a 100% interest in the La Planada gold project located in the municipality of Los Andes, Sotomayor, Narino, and Columbia. It also holds an 80% interest in the La Tapata gold property in the El Bagre-Zargoza mining district, department of Antioquia, Colombia. The company was founded in 2006 and is based in Fort Lauderdale, Florida.

1015 East Sunrise Boulevard

Suite 504

Fort Lauderdale, FL 33304

United States

Founded in 2006

Phone:

305-897-7120

Key Executives for Gemini Explorations Inc.

Chief Executive Officer
Age: 54
Compensation as of Fiscal Year 2014.

Gemini Explorations Inc. Key Developments

SEC Revokes Registration Of Securities Of Gemini Explorations

The registrations of the registered securities of Gemini Explorations, Inc. have been revoked. The company had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission (SEC). Thus, the company violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocations were ordered in an administrative proceeding before an administrative law judge.

SEC Orders Hearings On Registration Suspension Or Revocation Against Gemini Explorations For Failure To Make Required Periodic Filings

In conjunction with trading suspension, Securities and Exchange Commission (SEC or the commission) also instituted a public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of Gemini Explorations, Inc. for failure to make required periodic filings with the Commission. In Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and/or 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in the proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

Gemini Explorations Inc. Provides Update on Negotiations to Expand Land Holdings of its La Tapada Gold Project

Gemini Explorations Inc. provided an update regarding the company's efforts to expand the land holdings of its La Tapada gold project. Beginning in May 2012, Gemini began negotiations with adjacent concession owners of its La Tapada gold project in an effort to expand its land holdings. The Company has been conducting due diligence on these concessions, which includes some preliminary sampling of the properties. Management reported that its efforts have been successful thus far and believes that Gemini will be in a position to issue letters of intent to acquire specific land holdings adjacent to La Tapada during the second quarter of this year.

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