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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Globex Mining Enterprises Inc | TG:G1MN | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.008 | 1.23% | 0.658 | 0.636 | 0.658 | 0.658 | 0.658 | 0.658 | 1,400 | 15:51:02 |
The sale was originally announced in a press release dated June 22, 2021.
Globex retains a 2% Gross Metal Royalty on all potential production from the property.
Globex also holds 24,639 shares of Agnico Eagle at a current price of $90.17 with a market value of $2,221,169.60 and 105,074 shares of Pan American Silver at a current price of $27.77 with a market value of $2,917,904.98. These shares which have a current total value of $5,139,074.58, were received in exchange for 706,714 Yamana Gold Inc. shares, the original purchaser of the property which had a market value of $4,000,000 at that time. Holding the shares rather than selling them has resulted in a market gain of $1,139,000 for Globex. Taxes on the entire $15,000,000 purchase price was paid up front so, the funds currently received are in essence tax free.
This press release was written by Jack Stoch, P. Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.
We Seek Safe Harbour. | Foreign Private Issuer 12g3 – 2(b) |
CUSIP Number 379900 50 9LEI 529900XYUKGG3LF9PY95 | |
For further information, contact: | |
Jack Stoch, P.Geo., Acc.Dir.President & CEOGlobex Mining Enterprises Inc.86, 14th StreetRouyn-Noranda, Quebec Canada J9X 2J1 | Tel.: 819.797.5242Fax: 819.797.1470 info@globexmining.com www.globexmining.com |
Forward Looking Statements: Except for historical information, this news release may contain certain “forward looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com.
55,204,836 shares issued and outstanding
1 Year Globex Mining Enterprises Chart |
1 Month Globex Mining Enterprises Chart |
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