Globex: Drill Results Pending on Parbec Gold Property

Globex Mining Enterprises Inc.

ROUYN-NORANDA, QUÉBEC--(Marketwired - Jan. 16, 2018) - Globex Mining enterprises Inc. (TSX:GMX)(FRANKFURT:G1MN)(STUTTGART:G1MN)(BERLIN:G1MN)(MUNICH:G1MN)(XETRA:G1MN)(OTCQX:GLBXF) is pleased to provide shareholders with an update on exploration by Renforth Resources Inc. (CSE:RFR) on Globex's Parbec Gold property located in Malartic township, approximately 4 km northwest and on strike of the large Canadian Malartic open pit gold mine and directly adjoining on the west, the East Amphi Gold deposit. Shareholders are reminded that Renforth on March 7, 2016 issued a press release with a Parbec Property "resource statement prepared pursuant to NI-43-101". The new resource estimate from gold zones which are open to depth is reported as follow: