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“At Home in North America” 56,095,636 shares issued and outstanding

Corporate Updates

PRESS RELEASE

Globex Mining Enterprises Inc.

“At Home in North America”

56,095,636 shares issued and outstanding

August 7, 2025

Globex Strengthens Its Management Team

Rouyn-Noranda, Quebec, 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 Exch anges and GLBXF – OTCQX International in the US) is ple ased to inform shareholders that

effective immediately Jack Stoch has assumed the position of Executive Chairman and Chief Executive Officer of

Globex in order to facilitate the appointment of David Christie as President and Chief Operating Officer. David Christie

has assumed the new executive positions at Globex in order to help carry Globex to the next level after having

completed a seven (7) month contract as Vice President Corporate Development therein familiarizing himself with the

many and varied aspects of the company.

David Christie is a Professional Geoscientist (P.Geo.) with over 39 years of experience in the resource and resource

finance sector. As President and CEO of Orford Mining Corp, he took the company public in 2017, secured $34 million

in equity financings, and led it to a successful acquisition by Alamos Gold. He also served as President and CEO of

Eagle Hill Exploration Corp., facilitating a five-way merger to create Osisko Mining. His extensive experience includes

roles as Vice President at Goodman & Company Investment Counsel and Dundee Resources Inc., assisting in the

management of its resource funds . David also held a successful 12 -year tenure as a top ranked senior gold and

precious metals equity analyst with Scotia Capital and TD Securities. He spent 15 years as an exploration geologist

principally working for the Agnico Eagle Mines Ltd. group of companies and has served on the boards of eCobalt

Solutions Inc., Osisko Mining Inc., Orford Mining Corp., True North Nickel, an d Condor Precious Metals. Currently

David sits on the boards of Lodestar Metals Corp. and Orbec Gold Mines Inc. Mr. Christie earned a B.Sc. in geology

from McMaster University and is a P.Geo. with NAPEG and PGO.

Jack Stoch, CEO and Executive Chairman, c ommented, “We are pleased to have added someone with David’s varied

geological, financial, investor relations and transactional expertise to Globex. I look forward to continuing to work with

David to build greater value for Globex shareholders.”

David Christie, President and COO commented, “I am very excited to be joining Globex, a company that has been built

on solid transactions over many years and is now in a very strong position to continue that growth. I look forward to

building on the success Globe x has had since listing in 1987. Few companies in the junior resource sector have built

such an impressive underlying value while not diluting the interests of shareholders.”

This press release was written by Jack Stoch, P. Geo., Executive Chairman and Chief Executive Officer of Globex.

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.

Executive Chairman & 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