Mr. Jack Stoch reports

MULTIPLE INTERSECTIONS OF +2% LI2O REPORTED AT GLOBEX'S LAC ESCALE (MIRAGE) ROYALTY PROPERTY

Globex Mining Enterprises Inc. has provided an update to shareholders on new assay results reported by Brunswick Exploration Inc. on Globex's Lac Escale (Mirage) lithium royalty property in the James Bay region of Quebec. As referenced in Globex's Nov. 28, 2023, press release, Brunswick exercised the five-year Lac Escale property option 11 months after entering into the agreement.

Brunswick has reported an additional nine drill holes, which extend the strike length of the Mirage lithium discovery by 600 metres. Previous drilling intersected three mineralized zones -- the North, Central and South zones. Current reported assays are from the South zone, (MR-4 dike).

Most holes in the MR-4 dike intersected high-grade Li2O (lithium oxide) values of over 2 per cent Li2O.

The attached table shows 11 reported intercepts of 13 holes in the South zone for which assays are available. Two holes to the southwest did not intersect the MR-4 dike, but the presence of a thin mineralized dike indicates that the South zone remains open to the southwest.

Brunswick has indicated that it intends to undertake an additional 15,000 metres of drilling in its next exploration program.

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

We seek Safe Harbor.