Mr. Jack Stoch reports

GLOBEX RECEIVES CASH PAYMENTS

Globex Mining Enterprises Inc. has received the final $3-million payment from Agnico Eagle Mines Ltd. with regard to the purchase of the large Francoeur/Arntfield/Lac Fortune gold mine property in Dasserat and Beauchastel townships, west of Rouyn-Noranda in Quebec. Globex retains a 2-per-cent gross metal royalty on all production from the property.

In addition, Globex received a $50,000 annual advance royalty payment from Renforth Resources Inc. with regard to the Parbec gold property, located in Malartic township, approximately six kilometres northwest of the large open-pit Canadian Malartic gold mines. The Parbec property straddles the gold localizing Cadillac break. Renforth reported in a National Instrument 43-101 news release dated April 7, 2025, a measured and indicated resource of 9.61 million tonnes grading 0.86 gram per tonne (g/t) gold (Au) and an inferred resource of 2.55 million tonnes grading 1.18 g/t Au (technical report on the mineral resource estimate updated for the Parbec gold deposit, Abitibi-Temiscamingue region, Quebec, Canada, by Yann Camus, PEng, of SGS Canada-Geological Services, dated May 22, 2025). Globex retains a 3-per-cent gross metal royalty (GMR) on the property.

Also, Manganese X Energy Corp. delivered an annual $20,000 advance royalty payment to with regard to the Battery Hill manganese deposit, located near Woodstock in New Brunswick. On Sept. 9, 2021, Manganese X reported a measured and indicated resource of 34.86 million tonnes grading 6.42 per cent manganese (Mn), plus an additional 25.91 million tonnes grading 6.66 per cent Mn (NI 43-101 technical report, Battery Hill project, mineral resource estimate, Woodstock area, New Brunswick, Canada, by Paul Teniere, PGeo, Matthew Harrington, PGeo, Douglas Warkentin, PEng, Lawrence Elgert, PEng, of Mercator Geological Services, dated June 18, 2021).

Globex retains a 1-per-cent gross metal royalty and a large share ownership in Electric Royalties Ltd., which retains a 2-per-cent gross metal royalty on the property.

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

We seek Safe Harbor.