Interesting... Globex Mining Enterprises Closes C$1.71 Million Sale of Mining Properties
12:21 PM EDT, 08/25/2020 (MT Newswires) -- Globex Mining Enterprises (GMX.TO) edged down after the company on Tuesday said it closed the sale of two mineral properties, raising C$1.71 million.
The company closed the C$1.61 million sale of its Sigma East and Sigma 2 to a unit of Eldorado Gold (ELD.TO), as well as the C$0.1 million sale of properties in the Windfall gold camp to Osisko Mining (OSK.TO).
"Combined, the deals add $1,706,000.00 cash to Globex's treasury bringing Globex's cash and shareholdings at today's date to approximately ten million dollars. Globex has no debt and owns all its assets including 188 exploration properties, royalties and real-estate," the company said in a release.
Globex shares were last seen down C$0.01 to C$0.75 on the Toronto Stock Exchanges.
Price: 0.75, Change: -0.01, Percent Change: -1.32
Whis is next...QMX or SRI as Eldorado has a vested interest in both.
Cheers to the patient investors