Globex Update: Francoeur Mine Property, Quebec

Globex Mining Enterprises Inc.

ROUYN-NORANDA, QUEBEC--(Marketwired - May 30, 2017) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) wishes to provide an update as regards our Francoeur/Arntfield gold property located in Dasserat and Beauchastel Townships, Quebec. The property covers approximately 7.5 km of the gold localizing Francoeur-Wasa Shear Zone and includes the Francoeur and Arntfield Gold Mines.