Globex Receives First 2024 Fayolle Royalty Payment
PRESS RELEASE
Globex Mining Enterprises Inc.
“At Home in North America”
56,294,836 shares issued and outstanding
June 27, 2024
Globex Receives First 2024 Fayolle Royalty Payment
Rouyn‐Noranda, Quebec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange,
G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf
and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform
shareholders that we have received the first 2024 quarterly (Ja nuary 1 to March 31) royalty payment from
IAMGOLD Corporation related to Globex’s 2% NSR royalty on the F ayolle Gold Deposit currently in
production. This first 2024 qua rterly payment is $363,923.08 approximately $125,000 more than the
$238,794.89 October to December 2023 quarterly payment received in March 2024.
This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified
Person (Q.P.) under NI 43‐101.
We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
CUSIP Number 379900 50 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn‐Noranda, Quebec Canada J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
www.globexmining.com
Forward Looking Statements: Except for historical information, this news release may contain certain “forward looking statements”. These statements may involve
a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity a nd performance to be materially
different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward‐
looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available
in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com.