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Globex’s mission is to acquire mineral properties of merit at rock bottom prices, enhance their value by re-interpretation and exploration, and farm them out to companies with the needed exploration expertise and financial ability to advance the projects. In consideration for the right to develop a property identified by Globex, the recipient will maintain the property, pay annual fees, in cash and/or shares, and royalties on production. As an alternative deal structure, with many of the same components, the recipient may carry out a minimum work commitment with Globex retaining a significant working interest. Using these models, it is anticipated that Globex will be largely self-financing, avoid share dilution, and end up as a producer and royalty holder, thus creating long term shareholder appreciation.
Globex (GMX) has been listed on the Toronto Stock Exchange since December 29, 1995. In 2005, Globex listed on the Frankfurt Exchange under symbol G1M and subsequently was listed on the Munich, Stuggart, Xetra and Berlin Exchanges. Globex is also listed in the U.S. on the OTCQX International under the symbol GLBXF to accomodate U.S. shareholders.
In order to achieve a full appreciation of Globex, the market must focus on the fundamental merit, intrinsic values or the “blue-sky” opportunities represented by the Globex properties.
Jack Stoch, the President, is an aggressive entrepreneur, an experienced exploration geologist and is Globex’s largest shareholder.
Globex directors are senior members of the mining community. They have combined, over 170 years of mineral exploration, development, mining and financing experience.
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