Bullboard - Stock Discussion Forum Globex Mining Enterprises Inc. GLBXF

Primary Symbol: T.GMX

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... see more

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Globex Mining Enterprises Inc. > Globex Mining Enterprises Mont Sorcier Royalty News

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Post by Betteryear2 on Jul 06, 2023 3:34pm

Globex Mining Enterprises Mont Sorcier Royalty News

ROUYN-NORANDA, Quebec, July 06, 2023 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Dsseldorf and Quotrix Dsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Cerrado Gold Inc. (CERT-TSXV) has announced acceptance of an Expression of Interest (EOI) from the UK Export Credit Agency (UKEF) to provide up to four hundred and twenty million dollars ($420,000,000) of support for the Mont Sorcier Iron Vanadium project located just east of Chibougamau Quebec. Globex holds a 1% Gross Metal Royalty on all iron production from the property and a large share position in Electric Royalties (ELEC-TSXV) which has a 1% Gross Metal Royalty on all vanadium production.

Globex Mining Enterprises Mont Sorcier Royalty News (globenewswire.com)

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