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Three Independent Reports Evaluate Globex

Corporate Updates

PRESS RELEASE

Globex Mining Enterprises Inc.

“At Home in North America”

55,372,917 shares issued and outstanding

February 24, 2022

Three Independent Reports Evaluate Globex

Rouyn-Noranda, Québec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN –

Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz , LS Exchange, TTM zero, Düsseldorf and Quotrix

Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that three

of the largest data analytical firms have positively evaluated Globex. The firms listed have published the indicated

comments reported below on the dates marked summarizing in part extensive analysis now available from many

brokerage firms which pay for such analysis.

Data Analyst Firm Report Date Principal Comments

Morningstar Inc. February 23, 2022 $2.69 (Fair Value Estimate) “Globex

is valued at a 51% discount.”

CFRA February 18, 2022 Strong Buy, “Globex’s overall score

ranked in the 3 rd percentile of all

stocks in the model universe. (1 =

Best and 100 = Worst)”

Refinitiv Stock Report February 23, 2022 Average Score 10 . “GMX is among

an exclusive group of 103 stocks

awarded our highest score of 10.”

Shareholders w ishing access to the extensive detailed reports, should contact their broker referencing the data

analytical firm giving Globex’s name and report date.

This press release was written by Jack Stoch, President and CEO of Globex Mining Enterprises Inc.

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

[email protected]

www.globexmining.com