Mr. Jack Stoch reports

GLOBEX RECEIVES PAYMENTS TO FINALIZE URANIUM PROPERTY ACQUISITION BY INFINI RESOURCES

Globex Mining Enterprises Inc. is informing shareholders that Infini Resources Ltd., an Australian public company, has now met all the terms of the agreement signed on Jan. 27, 2022, regarding its acquisition of Globex's Des Herbiers uranium project, located northeast of the town of Johan Beetz, Que.

Globex previously received C$100,000 related to signing of the contract with the condition of an additional payment of C$200,000 and C$300,000 Infini shares at AUD$0.20 within 30 days of receiving the conditional admission letter from the security authorities. Infini has received the required listing document and thus Globex has received the $200,000 cash payment and been issued 1,672,427 shares. Globex retains a 3% Gross Metal Royalty (GMR) of which 1% GMR may be purchased by Infini for $1,000,000 CDN.

The Des Herbiers uranium property consists of 66 claims and covers numerous occurrences of low to moderate grade uranium mineralization exposed both in surface trenching and channel sampling as well as reported in numerous drill holes of the 403 holes (57,663 m) drilled to date.

Historical NI 43-101 reports ( August 15, 2011 and April 9, 2009 ) for Uracan Resources Ltd. indicate 43,954,000 lbs of U 3 O 8 have been delineated so far ( click to Globex press release dated November 17, 2021 for details).

The price of uranium has significantly increased since Globex acquired the des Herbiers uranium claims.

This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.

We seek Safe Harbor.