Globex Mining Enterprises Inc. T.GMX

Alternate Symbol(s): GLBXF

Metals & Mining Industrial Metals & Minerals

Globex Mining Enterprises Inc. is a Canada-based company, which is focused exploration and development property bank which operates under the project generator business model. The Company's mineral portfolio consists of exploration, development and royalty properties which contain base metals (copper, nickel, zinc, lead), precious metals (gold, silver, platinum, palladium), specialty metals and minerals (manganese, vanadium, titanium dioxide, iron, molybdenum, lithium, cobalt, scandium, antimony, rare earths and associated elements) and Industrial Minerals (mica, silica, potassic feldspar, pyrophyllite, kaolin, dolomite as well as talc and magnesite). Its properties consist of Timmins Talc-Magnesite, Laguerre-Knutson, Courville, Beauchastel - Rouyn, Cavalier, Great Plains (Clermont), Joutel, Red Star Project, Rouyn-Merger, Ruisseau Marriott, Sheen Lake Property, Shortt Lake Mine, Smith-Zulapa-Vianor, Salt Spring property, Eldrich Gold Mine, Porcupine West Property, and others.

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Globex Mining Enterprises Inc.

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Comment by bubbleworldon May 06, 2014 1:13pm

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Post# 22529758

RE:Private placement of flow-through shares

Yeah this is a little bit of a break with tradition right? I mean the dilution. Traditionally, GMX has always optioned it's properties to finance it's continuing activities.

However the price being 35 cents I thought was pretty good, kind of mutes the potential negative reaction. I wonder how they negotiated 35, that is impressive yes?

Any insight is appreciated, my experience is limited. GLTAL.

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