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Duparquet Assets Ltd.
Duparquet Assets Ltd., holder of the Duquesne West gold property which is currently under option to Xmet Inc., is owned 50% by Globex and 50% by Jack Stoch Geoconsultant Services Limited.

Globex Nevada, Inc.
Globex Nevada, Inc. is the holder of Globex's U.S. exploration properties.

Worldwide Magnesium Corporation
Worldwide Magnesium Corporation is a private corporation owned 90% by Globex Mining Enterprises Inc.


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