Globex Mining Enterprises Inc. is pleased to announce that the Toronto Stock Exchange has approved the renewal of Globex's normal course issuer bid . Under the renewed NCIB, Globex will be entitled to repurchase for cancellation up to 1,000,000 common shares, representing approximately 1.78% of Globex's issued and outstanding shares as of July 19, 2024, over a twelve-month period starting on August 2, 2024 and ending on [...]
Globex Mining Enterprises Inc. is pleased to provide an update on work by Brunswick Exploration Inc. on Globex's Lac Escale lithium royalty property. Today, Brunswick reported that they have completed their 2024 prospecting program and have started a 5,000 metre summer drill program. To date, Brunswick have completed 71 drill holes totalling more than 12,000 metres, delineating 9 new-surface spodumene-bearing dykes with [...]
Globex Mining Enterprises Inc. is pleased to provide a brief update regarding exploration by Emperor Metals Inc. currently underway on the Duquesne West Gold Property under option from Duparquet Assets Ltd. which is owned 50% by Globex and 50% by Géoconseils Jack Stoch Ltée. Emperor has reported in today's press release that they have completed 2,500 metres of the 8,000 metre drill program. The first 2,500 metres was [...]
Globex Mining Enterprises Inc. is pleased to update shareholders on work undertaken by Australian company Infini Resources Limited on Globex's Des Herbiers Uranium Royalty property located in Des Herbiers Township, approximately 9 km NW of the town of Baie Johan-Beetz, Quebec. As announced previously in a January 8, 2024 press release, Globex has received $300,000 in cash and 1,672,427 Infini shares currently valued at [...]
Globex Mining Enterprises Inc. wishes to inform shareholders that, through a transaction with IAMGold Corp. , Globex has acquired two gold projects located in the Abitibi West area of Quebec. Globex has acquired the former Eldrich Gold Mine northwest of Rouyn-Noranda and the Porcupine West Gold property, west of the town of Duparquet, Quebec. The transaction saw Globex acquiring these two properties in exchange for [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that we have received the first 2024 quarterly royalty payment from IAMGold Corp. related to Globex's 2% NSR royalty on the Fayolle Gold Deposit currently in production. This first 2024 quarterly payment is $363,923.08 approximately $125,000 more than the $238,794.89 October to December 2023 quarterly payment received in March 2024. This press release was [...]
Globex Mining Enterprises Inc. is pleased to provide a brief update as regards Globex's Normetal/Normetmar royalty property located at the Town of Normetal, Quebec. Starr Peak Mining Ltd. have announced that after analysis of soil, geochemical and VTEM data, that they will "complete a 2-week field program prior to executing the drill phase, with the purpose of validating anomalous areas to refine drilling targets". A [...]
Globex Mining Enterprises Inc. is pleased to announce that all five nominees listed in its 2024 management information circular were re-elected as directors at Globex's annual meeting of shareholders held yesterday in Toronto, Ontario. At the meeting, the following individuals were re-elected as directors of Globex on a vote by ballot, with the following results: Nominee Votes For Votes Against Jack Stoch 12,169,034 7,675 [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Globex has received the third of four payments, a cash payment of three million dollars from Agnico Eagle Mines Limited for the purchase of Globex's Francoeur/Arntfield/Lac Fortune Gold Mines property located in Dasserat and Beauchastel townships, Quebec. The sale was originally announced in a press release dated June 22, 2021. Globex retains a 2% Gross [...]
Globex Mining Enterprises Inc. is pleased to provide an additional update as regards drilling by Brunswick Exploration Inc. on Globex's Lac Escale Lithium royalty property in the James Bay area of Quebec. The drilling focused on the Central Zone has continued to intersect wide and well mineralized intervals. Highlights include 1.64% Li2O over 69.3 m in drill hole MR-24-61 and 1.17% Li2O over 28.3 m in hole MR-24-50, both [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Consolidated Lithium Metals Inc. , formerly Jourdan Resources Inc., have announced the start of a drill program on their East Vallée Lithium Project located approximately 30 km northwest of Val-d'Or, Quebec. The East Vallée Lithium Project is located immediately east and on strike of Sayona's North American Lithium Mine. Consolidated Lithium's press [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that Emperor Metals Inc. has mobilized a drill rig to commence its 2024 exploration program on the Duquesne West Gold Property under option from Globex. The drill program will total 8,000 metres. The Duquesne West Gold property straddles the gold localizing Porcupine-Destor Break in Duparquet Township, Quebec and is located approximately 10 km east of the [...]
