03:14 PM EST - Globex Mining Enterprises Inc. : Informed shareholders that Globex has purchased, from Monarques Gold Corp, a 1.5% Net Smelter Royalty (NSR) which Monarques acquired as part of its purchase of Richmont Mines, Quebec assets. The royalty was applicable on Globex's 100% owned Francoeur/ Arntfield gold property. The 1.5% NSR, was payable by Globex up to a total of $1,300,000 after which it reduced to a 0.5% NSR on all additional gold production. Globex Mining Enterprises Inc.
shares T.GMX are trading down $0.01 at $0.45.
