Infini Reports Large Uranium Target Areas on Globex’s Des Herbiers Royalty Property
ROUYN-NORANDA, Quebec, July 10, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to update shareholders on work undertaken by Australian company Infini Resources Limited (I88-ASX) on Globex’s Des Herbiers Uranium Royalty property located in Des Herbiers Township, approximately 9 km NW of the town of Baie Johan-Beetz, Quebec. As announced previously in a January 8, 2024 press release, Globex has received $300,000 in cash and 1,672,427 Infini shares currently valued at AUS $0.73 per share for the property. Globex also retains a 3% Gross Metal Royalty (GMR), 1% of which Infini may purchase at anytime for $1,000,000.
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