Globex: December Zinc Royalty Payment Higher than Expected and Other News

Globex Mining Enterprises Inc.

ROUYN-NORANDA, QUÉBEC--(Marketwired - Jan. 30, 2018) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) is pleased to report that despite the Christmas and New Year's break, Globex's December royalty payment from the Nyrstar NV Zinc Mine in Tennessee rose again to US$ 133,199 or CAD$ 170,109 based on an average zinc price of US$ 1.45 per pound. The current zinc price has moved up further to US$ 1.62/lb.