Globex Vends McNeely Lithium Property

ROUYN-NORANDA, Québec, June 09, 2021 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Inventory Change, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, L&S Change, TTM Zone, Inventory Exchanges
and GLBXF – OTCQX Worldwide within the US) is happy to tell shareholders that it has offered the McNeely Lithium mission consisting of 66 mining claims in La Corne, Landrienne and Figuery townships, Quebec to First Power Metals Restricted (FE-CSE). The claims have been offered for a single money cost of $250,000 and a couple of,000,000 First Power Metals shares (presently $0.30 a share). Globex will retain a 3% Gross Metallic Royalty on all manufacturing from the claims.

Globex’s McNeely claims lengthen westward from the Quebec Lithium Mine property intermittently in a number of declare blocks over a strike size of roughly 18 kilometres, and consists of a number of spodumene showings and historic mineralized drill holes. Numerous Globex’s claims encompass and are in shut proximity to the Augustus Lithium incidence the place First Power Metals not too long ago reported a drill gap grading 1.17% Li₂O over a core size of 19 metres (see First Power Metals press release dated June 1, 2021).

Globex is happy to vend the McNeely property to First Power Metals Restricted an lively exploration neighbor and appears ahead to future drill outcomes from their ongoing exploration program.

This press launch was written by Jack Stoch, Geo., President and CEO of Globex in his capability as a Certified Individual (Q.P.) below NI 43-101.

Ahead Trying Statements: Apart from historic data, this information launch could comprise sure “ahead wanting statements”. These statements could contain plenty of identified and unknown dangers and uncertainties and different components which will trigger the precise outcomes, stage of exercise and efficiency to be materially totally different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance may be on condition that any occasions anticipated by the forward-looking data will transpire or happen, or if any of them accomplish that, what advantages Globex will derive therefrom. A extra detailed dialogue of the dangers is on the market within the “Annual Data Type” filed by Globex on SEDAR at www.sedar.com.