Globex Reports Additional Transactions
Globex is due to receive an additional $6,000,000 over the next 23 months.
- Globex is due to receive an additional $6,000,000 over the next 23 months.
- Globex will retain a 3% Gross Metal Royalty (GMR) on the five claims with Tomagold having the option of reducing the 3% GMR to 2% GMR by a single $1,500,000 cash payment to Globex.
- Globex has also sold 100% interest in six lithium claims and claim fractions located in Fiedmont Township, Quebec to Jourdan Resources Inc. Globex has received $100,000 cash and 2,040,816 Jourdan shares for the property.
- This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)