Globex Mining Enterprises’s Mooseland Royalty Gold Property being Acquired by St. Barbara Limited
![Globex Mining Enterprises’s Mooseland Royalty Gold Property being Acquired by St. Barbara Limited](https://www.goldseiten.de/media/goldseiten-news.jpg)
Globex currently owns 1,745,408 NSGold shares. When the transaction is approved by shareholders, Globex will realize a gain of $ 698,163.20. In addition, Globex holds a 2% Gross Metal Royalty on the Mooseland Gold Mine. NSGold announced on September 16, 2020 an updated NI 43-101 Inferred Resource of 3,454,000 tonnes with an average diluted grade of 4.71 grams per tonne containing 523,000 ounces of gold (MineTeck International Limited of Halifax Nova Scotia, updated NI 43-101 Resource Report for the Mooseland Gold Property, WM. Douglas Roy M.A.Sc., P.Eng., Patrick J.F. Hannon, M.A.Sc., P. Eng., effective September 16, 2020).
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 Harbour. | Foreign Private Issuer 12g3 - 2(b) |
CUSIP Number 379900 50 9 LEI 529900XYUKGG3LF9PY95 | |
For further information, contact: | |
Jack Stoch, P.Geo., Acc.Dir. President & CEO Globex Mining Enterprises Inc. 86, 14th Street Rouyn-Noranda, Quebec Canada J9X 2J1 | Tel.: 819.797.5242 Fax: 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.
55,370,117 shares issued and outstanding