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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Globex Mining Enterprises Inc (QX) | USOTC:GLBXF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.703 | 0.69 | 0.72 | 0.00 | 21:00:10 |
The Parbec Project is located along the Cadillac Break, 20 kilometres southeast of the Cadillac Gold Camp, and 5 kilometres west and along strike from the historic Malartic Gold Camp where Osisko Mining is currently operating a large open pit gold mine on the Canadian Malartic Gold property.
Savant can acquire a 100% interest in the Parbec Property under a four year option agreement with Globex, the terms of which have been previously divulged in a press release dated January 11, 2010.
In other news Plato Gold Corp. (TSX VENTURE: PGC) announced preliminary results from a 17 hole drill program on the Nordeau East Gold Zone (see Plato press release dated May 18, 2011) under option from Globex. Results, while incomplete, show numerous gold intersections of significance.
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.
22,035,675 shares issued and outstanding
We Seek Safe Harbour. Foreign Private Issuer 12g3 - 2(b) CUSIP Number 379900 10 3
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
Contacts: Jack Stoch, P.Geo., Acc.Dir. President & CEO Globex Mining Enterprises Inc. 819.797.5242 819.797.1470 (FAX) info@globexmining.com www.globexmining.com
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