Mr. Jack Stoch reports

GLOBEX OPTIONS KACHIWISS URANIUM AREA PROPERTIES

Globex Mining Enterprises Inc. has entered into an option agreement wherein Victory Battery Metals Corp. may earn 100-per-cent interest in four Globex claim groupings in the Sept Iles region of Quebec.

The claims cover the Kachiwiss uranium deposit with a reported historical, non-National Instrument 43-101, possible resource of 16,598,000 tonnes grading 0.016 per cent U3O8 within a pegmatic dike oriented northwest 45 degrees. The zone, as currently defined, measures 975 metres long by 610 metres to 760 metres wide and is open. Metallurgical testwork suggests recoveries of up to 92.9 per cent can be achieved.

In addition to the Kachiwiss deposit, the option includes a large package of claims covering lake bottom sediment sample uranium anomalies farther to the north. In total, 156 mining claims make up the package with Globex retaining a 10-kilometre area of mutual interest surrounding the current claim blocks. Under the agreement, Globex will receive $400,000 in cash and 1.5 million Victory shares over three years with Victory undertaking $3-million of work on the claims over a four-year period. Globex also retains a 3-per-cent gross metal royalty on all metals, minerals, elements or compounds including but not limited to uranium, thorium or any other marketable product from the claims. Victory may, at anytime, purchase 1-per-cent GMR from Globex for a single cash payment of $1-million.

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 NI 43-101.

We seek Safe Harbor.