ROUYN-NORANDA, QUEBEC--(Marketwired - Jul 21, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to inform shareholders that it has completed a second larger series of tests on samples of talc concentrate from our Timmins Talc Magnesite Project (TTM) in order to test for the presence of asbestos. It is critical that talc samples contain no asbestos. Thirty five (35) composite samples [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Jun 18, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) wishes to welcome Agnico Eagle Mines Ltd. and Yamana Gold Inc. as exploration partners on the Wood Pandora project in Cadillac Township, Quebec. The Wood Pandora project covers 4 km of the gold localizing Cadillac Break and includes the historical Central Cadillac, Wood and Pandora #3 gold deposits as [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Jun 12, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) wishes to announce that the five nominees listed in the management information circular for the 2014 Annual and Special Meeting of Shareholders (the "Meeting") held earlier today were elected as directors. The detailed results of the votes received are set out below: Votes by Proxy ...
ROUYN-NORANDA, QUEBEC--(Marketwired - Jun 2, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) wishes to inform shareholders that the Company has appointed William (Bill) McGuinty P. Geo. to the position of Vice President Operations of the Company effective immediately. "Bill brings a wealth of geological and management experience to the company. His knowledge and hands-on experience in [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - May 9, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) wishes to inform shareholders that its Board of Directors, approved the adoption of a shareholder rights plan (the "Rights Plan") entered into with Computershare Investor Services Inc. as rights agent, effective May 5, 2014. The purpose of the Rights Plan is to ensure that, in the context of a bid for [...]
Globex Short Position 455,400 Shares ROUYN-NORANDA, QUEBEC--(Marketwired - May 7, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to report results from two drill programs on our Eagle Mine Property and Lac à l'Eau Jaune Property. On the Eagle Mine Property, Globex drilled two holes EM-14-01 and EM 14-02B of 595 metre and 1,011 metre lengths respectively. Hole EM-14-01 intersected wide zones of semi massive and heavy disseminated pyrite in the mine horizon approximately 100 metres northwest of the mine with three areas of sulphide giving significant gold assays. ... [...]
Globex is pleased to announce that it has held a closing of a private placement by issuing 5,307,143 "flow-through" shares at a price of $0.35 per share, for gross proceeds to Globex of $1,857,500, and 1,950,000 units at a price of $0.33 per unit, for gross proceeds to Globex of $643,500. The total proceeds from the closing of the private placement are approximately $2.5 million. Each unit is comprised of one common share [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Feb 24, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to announce the impending start-up of an additional deep drilling program on the Wood-Pandora and Central-Cadillac property located in Cadillac Township, Quebec in joint venture with Osisko Mining Corp.. Phase one of the exploration will start shortly and will consist of a drill program of [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Feb 10, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to inform shareholders that it will shortly begin an exploration drill program to test several induced polarization anomalies identified by Globex on Globex's 100% owned 1,450 hectares Lac à l'eau jaune property south of Chapais, Quebec. The Globex property ties onto TomaGold's Monster Lake property and is directly on strike of the Monster Lake gold corridor where Iamgold recently announced a 6,000 metre drill program and airborne magnetic survey as the first phase of a $17.5 million property option deal. Globex has started line cutting which will be followed by magnetometer and induced polarization surveys in or... [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Jan 27, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) announces that it has disposed of 4,860,200 common shares of Mag Copper Limited (CNX:QUE), representing, to Globex's knowledge, 6.40% of the issued and outstanding common shares of Mag Copper. As a result of this disposition, Globex has ownership of, and control and direction over, an aggregate of [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Jan 8, 2014) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to inform shareholders that the Ontario Government has granted to Globex a 21 year mining lease covering 413.14 hectares (125.92 acres), the site of Globex's proposed talc magnesia mine in Deloro Township, 13 kilometers south of Timmins, Ontario. The lease assigns to Globex all "mines, ores [...]
ROUYN-NORANDA, QUEBEC--(Marketwired - Dec 11, 2013) - Globex Mining Enterprises Inc. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to update shareholders about recent sampling on our 100% owned ilmenite property located in Côte-de-Beaupré Township, Quebec (NTS 21M/09-10). The property consists of 8 cells totalling 464 hectares and can be easily accessed by public and private roads. In November 2013 a Globex geologist and a prospector visited the property to follow-up on assay results from an initial grab sample of massive ilmenite which ran 59.17% Fe2O3 (41.39% Fe calculated), 38.0% TiO2 and 0.157% Vanadium. The property visit located a 15m by 7m outcrop with an exposed height of up to 2 metres fr... [...]