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 Receives First 2024 Fayolle Royalty Payment

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Post by Betteryear2 on Jun 27, 2024 9:14am

Globex Receives First 2024 Fayolle Royalty Payment

ROUYN-NORANDA, Quebec, June 27, 2024 (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 we have received the first 2024 quarterly (January 1 to March 31) royalty payment from IAMGOLD Corporation related to Globex’s 2% NSR royalty on the Fayolle Gold Deposit currently in production. This first 2024 quarterly payment is $363,923.08 approximately $125,000 more than the $238,794.89 October to December 2023 quarterly payment received in March 2024.

Globex Receives First 2024 Fayolle Royalty Payment (globenewswire.com)