Globex Reports Ongoing Drill Results on Nordeau Royalty Claims Discovery

The latest news release, dated December 16, 2025, reports ongoing drill results from Cartier Resources Inc.'s exploration program on the Nordeau Royalty claims, part of the Cadillac Property, in which Globex Mining Enterprises Inc. holds a 3% Gross Metal Royalty (GMR).

Key highlights from the drill results include: - Several high-grade gold intercepts, such as 7.7 meters grading 5.9 g/t Au (hole CA25-524), 9.0 meters grading 11.0 g/t Au (hole CA25-530), 0.7 meters grading 29.7 g/t Au (hole CA25-546), 2.0 meters grading 111.5 g/t Au (hole CA25-536), and 11.0 meters grading 5.9 g/t Au (hole CA25-551). - Visible gold was noted in several drill holes. - The drilling has successfully outlined three parallel high-grade gold zones (NCZ1, NCZ2, NCZ3) over approximately 400 meters of strike length. - The mineralized system remains open in all directions, indicating further exploration potential. - Cartier Resources Inc. plans future drilling to extend the mineralization closer to surface and to test new regional targets. - Jack Stoch, Executive Chairman and CEO of Globex, expressed satisfaction with the reported results.

This news is a material positive development for Globex. The reported drill results from the Nordeau Royalty claims, particularly the bonanza-grade intercept of 111.5 g/t Au over 2.0 meters and other strong high-grade intervals, significantly enhance the intrinsic value of Globex's 3% GMR on this property. For a project generator like Globex, positive exploration results from royalty properties are highly desirable as they de-risk the asset and increase its potential for future revenue without incurring direct exploration or development costs.

The fact that Cartier Resources, the operator, has outlined three parallel high-grade gold zones that remain open in all directions underscores the significant potential for resource expansion and future production. This validates Globex's decision to maintain a royalty interest in the property. This latest update builds upon previous news from September 11, 2025, which announced Cartier's commencement of a substantial 100,000-meter drill program on the Cadillac property, including these Nordeau claims. The strong initial results provide strong validation for that large-scale exploration effort and indicate a high probability of continued success.

The ongoing nature of the exploration program and the clear indications of a robust, open-ended gold system suggest a promising trajectory for the Nordeau project, directly benefiting Globex's royalty stream.

Globex Mining Enterprises Inc. operates as a unique "mineral property bank" and project generator in the mining industry. Its core business model involves acquiring extensive mineral properties, primarily at early to mid-stage exploration or development. Globex then undertakes preliminary exploration work to enhance the perceived value of these assets. These de-risked properties are subsequently either optioned to partner companies for further development (in exchange for cash payments, equity in the partner company, and retained royalties) or explored by Globex itself. This strategy provides diversified exposure to exploration upside while minimizing direct capital expenditures and shareholder dilution.

Globex's portfolio comprises over 200 properties containing a broad range of commodities, including precious metals (gold, silver), base metals (copper, nickel, zinc, lead), critical/specialty metals (lithium, antimony, manganese, vanadium, rare earth elements), and industrial minerals.

While Globex does not rely on a single "flagship" project, several key assets consistently feature in its news flow and represent significant value drivers: - Nordeau Royalty Claims (Cadillac Property, Quebec): A 3% Gross Metal Royalty on a gold project being actively explored by Cartier Resources Inc., consistently yielding high-grade intercepts. - Ironwood Gold Deposit (Quebec): A 100%-owned gold project where recent drilling has successfully upgraded a significant portion of the resource to the Indicated category, confirming high-grade potential. - Duquesne West Gold Property (Quebec): A 50%-owned property optioned to Emperor Metals Inc., which recently more than doubled its inferred gold resource to 1.46 million ounces. - Rouyn-Merger Gold Property (Quebec): A 100%-owned gold project where Globex recently completed initial drilling, with positive results already reported and more pending. - Mont Sorcier Iron-Vanadium Project (Quebec): A 1% GMR on iron and 2% GMR on vanadium, where Cerrado Gold Inc. is actively advancing a feasibility study, targeting high-purity iron concentrate production. - Bald Hill Antimony Project (New Brunswick): A 3.5% GMR property optioned to Antimony Resources Corp., which has shown promising high-grade antimony drill results. - Mirage Lithium Project (Lac Escale, Quebec): A 3% GMR on claims being explored by Brunswick Exploration Inc., which has consistently reported wide, high-grade lithium intersections. - Kewagama Gold Royalty Claims (Quebec): A 2% Net Smelter Royalty on a portion of Radisson Mining Resources Inc.'s O'Brien gold project, with ongoing high-grade gold discoveries.