Mr. Jack Stoch reports

DRILLING RESTARTS ON GLOBEX ROYALTY ASSETS ON CADILLAC BREAK

Globex Mining Enterprises Inc. has provided a brief update on work planned by Radisson Mining Resources Inc. on the O'Brien gold project located in Cadillac township, Quebec. The property straddles the prolific gold-localizing Cadillac Break.

Radisson has announced that a 10,000-metre drill program is currently under way which "will focus on expanding the current mineral resource estimate." The phase 1 drill program will focus on 20 of the highest-priority targets out of 118 targets established at O'Brien East, near the current resource (587,121 ounces gold (Au)), primarily within vertical depths between surface and 500 m of less explored areas, such as high-grade trends No. 3 and No. 4, among others.

Globex retains a 2-per-cent net smelter royalty on trends No. 3 and No. 4, and others in the O'Brien East area (Kewagama), as well as the underexplored 700 metres east of the former Kewagama gold mine.

Note: At its east boundary, the O'Brien property adjoins Globex's 100-per-cent-owned Central Cadillac-Wood gold mines property.

Radisson has also reinterpreted drill data along the Larder Lake-Cadillac Break within the O'Brien West portion of its property, where an "inferred resource totalling 293,600 tonnes grading 7.59 g/t [grams per tonne] Au" has been outlined, and is open in all directions.

Globex holds a 1-per-cent net smelter royalty on much of the O'Brien West area (formerly called the New Alger or Thompson Cadillac gold mine).

View Radisson's press release at its website.

This press release was written by Jack Stoch, Geo, president and chief executive officer of Globex, in his capacity as a qualified person (QP) under National Instrument 43-101.

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