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Work Starts on Globex’s Normetal/Normetmar Royalty Claims

Royalties & Streams

PRESS RELEASE

Globex Mining Enterprises Inc.

“At Home in North America”

56,294,836 shares issued and outstanding

June 21, 2024

Work Starts on Globex’s Normetal/Normetmar Royalty Claims

Rouyn-Noranda, Qu ebec, 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 provide

a brief update as regards Globex’s Normetal /Normetmar (New Metal) royalty property located at the Town

of Normetal, Quebec.

Starr Peak Mining Ltd. (Starr Peak) have announced that after analysis of soil, geochemical and VTEM data ,

that they will “complete a 2 -week field program prior to executing the drill phase, with the purpose of

validating anomalous areas to refine drilling targets”. A total of 12 target areas have been identified “some

of which are located along VTEM (versatile time domain electromagnetic) geophysical anomalies”.

Click here to access Starr Peak’s current press release.

Globex retains a 2.5% Gross M etal Royalty on Normetal/Normetmar property, 1% GMR of which can be

purchased by Starr Peak for $1.5 million and 1% Net Smelter Royalty on the Normetal Extension claims.

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

[email protected]

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 activit y and 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.