Globex Purchases Francoeur/Arntfield Royalty Drill Program Starting Next Week

ROUYN-NORANDA, QUÉBEC--(Marketwired - Oct. 18, 2017) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) is pleased to inform shareholders that Globex has purchased, from Monarques Gold Corp., (TSX VENTURE:MQR), a 1.5% Net Smelter Royalty (NSR) which Monarques acquired as part of their purchase of Richmont Mines, Quebec assets. The royalty was applicable on Globex's 100 % owned Francoeur/ Arntfield gold property.