Globex Mining Ent (TSE:GMX) has released an update.
Globex Mining Enterprises Inc. has announced the optioning of its Bald Hill antimony property in New Brunswick to Superior Mining International Corp. The deal includes $680,000 in cash, 2 million shares over four years, and a $4.6 million investment in the property, with Globex retaining a 3.5% Gross Metal Royalty. Historical data suggests significant potential for antimony deposits within the property, highlighted by previous drilling results and technical reports.
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