Mr. Jack Stoch of Globex reports

MORE LITHIUM BEARING INTERSECTIONS ON GLOBEX'S LAC ESCALE ROYALTY CLAIMS

Globex Mining Enterprises Inc. has provided a brief update to shareholders as regards continuing work by Brunswick Exploration Inc. on Globex's Lac Escale royalty claims, a part of Brunswick's Mirage project, located in the James Bay area of Quebec.

Brunswick Exploration reported in a press release dated June 10, 2025, the following highlights:

1. A newly discovered dike located approximately 250 metres northeast of MR-6 (a previously discovered lithium area) with hole MR-25-115 intersecting 29.5 metres grading 1.19 per cent Li2O which is open in all directions;
2. The stacked dike area has been extended 150 metres to the northeast in three holes with hole MR-25-106 intersecting 1.01 per cent Li2O over 17.4 metres, hole MR-25-105 intersecting 1.44 per cent Li2O over 12.5 metres. The stacked dike area continues to show significant potential and widespread mineralization over the entire length of the drill holes with 32 mineralized dikes intersected across these holes.

Note: Intersection lengths are reported core lengths as logged by Brunswick.

Globex is pleased by the progress on Globex's Lac Escale royalty claims and Brunswick's continuing efforts to outline a lithium deposit therein.

In other news, Globex has posted the Ironwood National Instrument 43-101 technical report titled "NI 43-101 Technical Report, Ironwood Gold Deposit, Cadillac, Quebec, Canada," by SLR Consulting (Canada) Ltd., effective April 15, 2025, written by qualified person Reno Pressacco, MSc (A), PGeo, FGC, and available on SEDAR+ and Globex's website.

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

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