Mr. Jack Stoch of Globex reports

BRUNSWICK REPORTS ADDITIONAL LITHIUM ASSAYS ON GLOBEX'S LAC ESCALE (MIRAGE) ROYALTY AREA

Brunswick Exploration Inc. has disseminated a press release regarding the first set of 2024 drill results on Globex Mining Enterprises Inc.'s Lac Escale (Mirage) property, including within the Globex one-kilometre external boundary area of influence in the James Bay area of Quebec. Globex retains a 3-per-cent gross metal royalty on the Lac Escale claims and $100,000-per-year advance royalty payments commencing at the fifth year of the agreement.

The drill campaign focused on the Central zone, including the MR-6 and MR-3 dikes (see Brunswick June 4, 2024, press release), and has continued to intersect wide and well-mineralized intervals on their extension and at depth.

Highlights include:

• Several new lithium pegmatites were intercepted immediately surrounding the MR-6 dike located in the Central zone. Significant dike staking is observed to the east and north of MR-6. The mineralization in the Central zone is now identified over across multiple holes stretching over 1,000 metres of strike length.
• Multiple significant, near-surface intervals extending the MR-6 dike with 1.75 per cent lithium oxide over 40.4 metres in drill hole MR-24-73, 1.07 per cent Li2O over 24 metres in drill hole MR-24-74 and 1.25 per cent Li2O over 16 metres in drill hole MR-24-72.
• Three new stacked dikes confirmed, located 250 metres to the east of MR-6, with 1.25 per cent Li2O over 26 metres, 1.49 per cent Li2O over 26.2 metres and 1.93 per cent Li2O over 22.35 metres, all in drill hole MR-24-76.
• Brunswick will start metallurgical studies in the coming weeks for the MR-6, MR-4 and MR-3 dikes.

Since the beginning of 2024, Brunswick has drilled approximately 12,000 metres to discover, delineate and expand the spodumene-bearing pegmatites.

Highlights of the 2024 summer drill campaign in today's Brunswick press release include those in the attached table.

Globex is pleased by Brunswick's continuing efforts and success in advancing the economic potential of Globex's Lac Escale (Mirage) royalty within the Globex claims and area of influence.

This press release was written by Jack Stoch, PGeo, president and chief executive officer of Globex, in his capacity as a qualified person under National Instrument 43-101.

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