“At Home in North America” 56,941,936 shares issued and outstanding
PRESS RELEASE
Globex Mining Enterprises Inc.
“At Home in North America”
56,941,936 shares issued and outstanding
August 24, 2026
Globex Reports that Royalty Partner Radisson is Commencing
an Advanced Underground Exploration Project at
the O’Brien Project Where Globex Owns Two Royalties.
Toronto, Ontario, 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 Exch anges and GLBXF – OTCQX International in the US) is pleased to announce that on ground (Exhibit 1)
covered by its 1% GMR New Alger Royalty and 2% NSR Kewagama Royalty, Radisson Mining Resources has reported
the commencement of an advanced underground exploration program on the O’Brien Project. A C$57 .16 million
investment by Agnico Eagle M ines Limited into Radisson will support this underground exploration program on
Radisson’s O’Brien Project. The program is intended to provide geological, geotechnical an operational information
required to evaluate the mining options and future developme nt scenarios of the O’Brien Project. The underground
program is expected to include the development of an access ramp, related underground and surface mine
infrastructure, and water management facilities. Radisson reported that engineering and permitting work will
commence immediately. Radisson will continue to execute its 140,000 metre step out drill program. It is important to
note that Globex has 100% ownership of the Cadillac Wood project which is immediately to the east of Radisson’s
O’Brien project.
Exhibit 1. Location of the Globex Royalties on the Radisson O’Brien project and the Neighbouring 100% Globex
Cadillac Wood Project.
2
David Christie, P.Geo., President and COO of Globex, in his capacity as a Qu alified Person (Q.P.) under Ni 43 -101,
prepared the information that forms the basis of this written disclosure.
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.
120 Carlton Street, Unit 219
Toronto, Ontario, Canada M5A 4K2
Tel.: 819.797.5242
Fax: 819.797.1470
www.globexmining.com
Caution Regarding Forward-Looking Statements
Certain statements included in this press release may constitute “forward-looking statements” within the meaning of
applicable Canadian securities laws. Except as may be required by such laws, Globex Mining Enterprises Inc. (“Globex”)
does not undertake an y obligation to update or revise any forward -looking statements, whether as a result of new
information, future events or otherwise. Forward -looking statements, by their very nature, are subject to numerous
risks and uncertainties. As a result, actual resu lts could differ materially from Globex’s expectations expressed in or
implied by such forward -looking statements. No assurance can be given that any events anticipated by the forward -
looking statements will materialize, or if any of them do, what benefits Globex will derive therefrom. Numerous risk
factors which may cause actual results to differ materially from expectations expressed in or implied by the forward -
looking statements are discussed in Globex’s annual information form for the 2025 fiscal year filed with the Canadian
securities regulatory authorities, available on SEDAR+ at www.sedarplus.ca and on Globex’s website at
www.globexmining.com. Globex cautions readers that such risks are not the only ones that could impact it. Additional
risks and uncertainties not currently known to Globex or that Globex currently deems to be immaterial may have a
material adverse effect on Globex’s business, financial condition, and results of operations. Given these risks and
uncertainties, Globex cautions investors and others against placing undue reliance on such forward-looking statements
as a prediction of future results or for any other purpose. This pre ss release does not constitute or form a part of any
offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have
not been and will not be registered under the Securities Act of 1933, as amended (the “1933 Act”), or with any securities
regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or
indirectly, within the United States or to, or for the account or benefit of, U.S. persons ( as such term is defined in
Regulation S under the 1933 Act), except pursuant to an exemption from or in a transaction not subject to the
registration requirements of the 1933 Act.