Update on the Increasing Value in Globex

Executive Summary

• Globex Mining Enterprises reports its financial portfolio has grown 8% to approximately $34.73 million as of September 8, 2025.
• The company increased ownership of the Blackcliff gold property to 100% and staked the Salt Spring gold property in Arizona.
• New royalty and option‑related drilling results were highlighted, including high‑grade antimony at Bald Hill (Antimony Resources) and a 26.9 Mt inferred gold resource at Duquesne West (Emperor Metals).

Key Details

• Financial Portfolio:
• Total value $34,725,160 (up 8% from $32,278,248.50 on June 30, 2025).
• Composition: 31% senior precious‑metal equities (e.g., 23,215 Agnico Eagle shares, 100,785 Pan American Silver shares, 20,000 Alamos Gold shares), 13% junior/mid‑tier mining equities, 29% fixed‑income debt, 26% cash.

• Year‑to‑date option payments and property sale proceeds: $3.65 M cash + $666,895 in shares.

• Royalty Portfolio Highlights:

• Radisson Mining’s O’Brien project (2% NSR on Kewagama claims) reported high‑grade gold intercepts; details disclosed in July & September 2025 press releases.
• Cerrado Gold advancing Feasibility for Mont Sorcier iron ore (Globex holds 1% GMR).

• Cartier Resources commenced a 100,000‑m drill program at Cadillac (covers Globex royalty claims) and began baseline environmental work.

• Optioned Property Updates:

• Antimony Resources intersected high‑grade antimony in massive stibnite at Bald Hill, New Brunswick.
• Emperor Metals announced an inferred resource of 26.9 Mt containing 1.46 M oz Au (average 1.69 g/t) at Duquesne West, Quebec.

• Bryah Resources to upgrade the Devils Pike Gold/Antimony project to JORC‑2012 compliance by year‑end.

• Owned Property Transactions:

• Acquired 100% ownership of Blackcliff gold property (previously 50%) by paying $142,000; historic resource estimate: 255,972 t @ ~6.7 g/t Au.

• Staked the Salt Spring gold property in Arizona (40 lode claims covering 334.45 ha).

• Future Exploration Plans:

• Planning ~1,000 m of drilling at Lyndhurst base‑metal property (2025) and Rouyn Merger gold property (late 2025/early 2026).
• Ongoing assessment of next steps for Ironwood property (environmental baseline & mining method selection).

Notable Quotes

• “We believe the Globex financial portfolio together with the exploration property and royalty asset portfolio provides significant leverage for the underlying Globex share price.” – David Christie, President & COO (Qualified Person)

Materiality Assessment: Material – Positive (the update conveys substantial growth in assets, new ownership stakes, and promising drilling results that are likely to influence investor perception).