Globex Mining Enterprises Inc. is pleased to inform shareholders that Imperial Mining Group have announced that they have mobilized crews to start a 2,500 metre drill program on their Crater Lake Scandium Property east of Schefferville, Quebec which adjoins Globex’s similarly named property. The target is scandium mineralization in a magnetic pyroxenite horizon related to an oval, 6 km diameter alkali intrusive [...]
BEDFORD, NV and ROUYN-NORANDA, QC / ACCESSWIRE / March 20, 2019 / NSGold Corp. and Globex Mining Enterprises Inc. have agreed to amend certain terms of their agreement dated April 14, 2010 whereby NSGold acquired 100% ownership of the Mooseland Gold Property and certain secondary properties from Globex . The Agreement originally provided for a gross metal royalty payable to Globex in an amount equal to 4% of all metals [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that it has agreed to waiver the remaining work requirement by Renforth Resources Inc. on Globex’s Parbec Gold property, allowing Renforth to gain 100% interest in the property package located on the Cadillac Fault, west of the Canadian Malartic Mine, in Quebec. The property, per an announcement made by Renforth on September 25th, 2018, hosts an [...]
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 NCIB, as renewed, Globex will be entitled to repurchase for cancellation up to 1,000,000 common shares, representing approximately 1.9% of Globex’s issued and outstanding shares as of March 1, 2019, over a twelve-month period starting on March 12, 2019 [...]
ROUYN-NORANDA, Québec, March 08, 2019 -- 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 NCIB, as renewed, Globex will be entitled to repurchase for cancellation up to 1,000,000 common shares, representing 2.2% of Globex’s “public float” as of March 1, 2019, over a twelve-month [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that we have acquired additional mineral rights in the Joutel gold and base metal mining camp of Quebec. Globex already owns three former mines in the Joutel Mining Camp; the Poirier Mine , the Joutel Mine and the Eagle Mine . All three former mines have historical resources and underground access via shafts and drifts. Recently, over 10 kilometers of the [...]
Globex Mining Enterprises Inc. is pleased to update shareholders on our recent work undertaken on the new 450 Gold Zone on our Francoeur/Arntfield Gold Mines property located approximately 18 km west of Rouyn-Noranda, Quebec in Beauchastel Township . On October 16, 2018, Globex announced the results of channel sampling undertaken on a new underexplored area of the property, the 450 Gold Zone. # 10 Stripped Area Samples [...]
Globex Mining Enterprises Inc. is pleased to announce to shareholders that the initial buyback program of one million Globex shares has been completed. During the same period, Jack Stoch and Dianne Stoch, directors of the Company, have purchased directly and indirectly 1,357,000 Globex shares. This press release was written by Jack Stoch, Geo., President and CEO of Globex. We Seek Safe Harbour. Foreign Private Issuer 12g3 [...]
Globex Mining Enterprises Inc. is pleased to inform shareholders that line cutting has been completed on the new 450 Gold Zone which is located on Globex’s Francoeur/Arntfield Mines property, west of Rouyn-Noranda, Quebec in Beauchastel Township . A contract has been issued to cover the 15 km grid with a detailed induced polarization survey and a recently completed magnetometer survey has been extended. The surveys [...]
ROUYN-NORANDA, Québec, Dec. 19, 2018 -- Globex Mining Enterprises Inc. is pleased to report to shareholders that it has completed a property exchange with Monarques Gold Corp. In exchange for 17 Globex claims in Beauchastel Township, Quebec on the east side of Monarques’ Wasamac Mine property and one claim on the west as well as one claim in Courville Township, Globex acquired 65 cells or claims or portions [...]
Globex Mining Enterprises Inc. is pleased to report to shareholders the results of channel sampling undertaken on the “450 Gold Zone” of our 100% owned Francoeur/Arntfield Mines property, west of Rouyn-Noranda, Quebec. As reported previously in Globex press releases dated June 12, 2018 and August 20, 2018, Globex had undertaken mapping and grab sampling of an area 450 m south of our new “South Gold [...]
Not for distribution to U.S. news wire services, or dissemination to the United States Globex Mining Enterprises Inc. is pleased to announce that it has held a second closing of a previously-announced private placement by issuing 150,000 “flow-through” common shares at a price of $0.50 per share for proceeds to Globex of $75,000. Globex issued a total of 1,150,000 “flow-through” shares in the [...]