About Us

GLOBEX holds one of the largest and most diversified mineral rights asset portfolios in North America

COMPANY PROFILE GOVERNANCE HISTORY MISSION, VISION, VALUES DIRECTORS AND SENIOR MANAGEMENT

COMPANY PROFILE

In addition to acquiring and optioning properties, we execute significant exploration programs on our own properties every year.
Likewise, our option partners spend significant exploration dollars on our properties as part as their efforts to acquire an interest in the projects. Our royalty partners also continue to advance our royalty properties with exploration and development programs.

Globex owns its properties, many of which are available for option. Globex presently holds more than 270 mineral assets including more than 155 – 100% owned properties, more than 105 royalties and more than 10 properties under option to partners. Almost all of GLobex mineral assets have resources or reserves (both NI 43-101 and non NI 43-101), mineralized drill intersections, mineral showings, untested geophysical targets or a combination thereof, and are primarily located in Québec, Canada and the USA. The Corporation has grown with minimal shareholder dilution by optioning land packages from its inventory for cash and shares, while retaining royalties on future production. Option partners assume the exploration risk, thus allowing Globex to conserve its cash reserves and prevent unnecessary shareholder dilution.

Globlex continues to build a sizeable royalty portfolio by optioning out its mineral properties to partners.

GOVERNANCE

The Board of Directors has approved a set of Corporate Governance Guidelines to promote the effective functioning of the Board of Directors and its Committees and to set forth a common set of expectations as to how the Board should manage its affairs and perform its responsibilities.

Globex Mining Enterprises Inc. is committed to maintaining a high standard of legal and business conduct. Globex places a high value on the integrity of its directors, officers and employees and demands this level of integrity in all company dealings.

Committees of the Board of Directors

Audit Committee

Compensation Committee

Articles, By-Laws and Policies

HISTORY

1949
1
Lyndhurst Mining Co. Ltd.
Globex Mining Enterprises Inc. was incorporated over 60 years ago. Originally called Lyndhurst Mining Co. Ltd., the Corporation was founded in 1949 in order to bring the Lyndhurst Copper Mine to production. After Lyndhurst reached production, falling copper prices eventually forced its closure. Numerous attempts to revive the Corporation over a period of 20 years failed and finally it became inactive.
1974
2
Globex Mining Enterprises Inc.
In 1974, a new group gained control of the Corporation, reorganized it one for ten and changed the name to Globex Mining Enterprises Inc. Unfortunately they did not succeed in refinancing the Corporation and it continued inactive until 1983 when Jack Stoch, a Rouyn-Noranda based geologist, gained control of the Company.
1983
3
Jack Stoch
Jack Stoch, a Rouyn-Noranda based geologist, gains control of the Globex Mining Enterprises Inc..
1988
4
Listing on the Montreal Stock Exchange
Jack Stoch brought in a group of exploration professionals as directors, acquired properties of merit and succeeded in listing the Corporation on the Montreal Stock Exchange on January 21, 1988.
1995
5
Listing on the Toronto Stock Exchange
Globex subsequently listed on the Toronto Stock Exchange (GMX) on December 29, 1995 and delisted from the Montreal Stock Exchange on December 12, 1997. The Corporation is also listed on six German exchanges including the Frankfurt, Munich, Berlin, Stuttgart, Tradegate and Lang & Schwarz Stock Exchanges (G1MN). In the U.S.A. Globex is listed on the OTCQX International Exchange (GLBXF).

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Mission, Vision, Values

MISSION

Globex acquires and explores for its own account and options or sells many of its numerous projects to other companies which pay Globex cash, shares, undertake extensive exploration and Globex always retains a royalty on those properties.

VISION

Globex seeks to create shareholder value by acquiring mineral properties, enhancing them through exploring, optioning or selling, and retaining a royalty and thereby building a substantial royalty portfolio. Globex is commodity agnostic and will acquire properties with mineral potential covering wide spectrum of commodities it believes can be profitable for the company and its shareholders. The goal is to build diverse portfolio of paying royalties.

VALUES

The Corporation has grown with minimal dilution of shareholders by optioning land packages from its wholly owned property inventory for cash and shares while retaining royalties on future production. Option partners assume the exploration risk thus allowing Globex to conserve its cash reserves and prevent unnecessary shareholder dilution while building value.

About Us

COMPANY PROFILE

GOVERNANCE

Audit Committee

Compensation Committee

HISTORY

1949

1974

1983

1988

1995

Mission, Vision, Values