Mr. Jack Stoch reports

GLOBEX MINING ENTERPRISES INC. COMPLETES "FLOW-THROUGH" PRIVATE PLACEMENTS

Globex Mining Enterprises Inc. has closed a second tranche of its previously announced private placement by issuing 150,000 flow-through common shares at a price of 50 cents per share for proceeds to Globex Mining Enterprises of $75,000. Globex Mining Enterprises issued a total of 1.15 million flow-through shares in the private placement for total proceeds of $575,000.

Globex Mining Enterprises has also completed a second private placement by issuing 600,000 flow-through common shares at a price of 50 cents per share for proceeds to Globex Mining Enterprises of $300,000.

Globex Mining Enterprises intends to use the proceeds from the two private placements for exploration on certain properties in Quebec, including, but not limited to, its Francoeur/Arntfield gold mines project, where detailed surface work is currently being undertaken on the 450 Gold zone referenced in Globex Mining Enterprises' press release dated Aug. 20, 2018, where surface samples assayed up to 14.16 grams per tonne gold.

As a result of the two closings, there are 52,744,077 common shares of Globex Mining Enterprises issued and outstanding. Under applicable securities legislation, the shares issued at the closings are subject to a four-month hold period.

We seek Safe Harbor.