Globex Mining Enterprises Inc. (TSX:GMX) acquired Block of Claims in Rouyn and Joannes Townships, Quebec from IAMGOLD Corporation (TSX:IMG) for CAD 0.20 million on July 29, 2021. The consideration includes 183,000 Globex shares (valued at $0.20313 million) subject to a 4 month hold period and a 1% Net Smelter Royalty. The property consists of 49 claims totaling 1,509.4 hectares (3,729.8 acres) covering approximately 6.5 kilometres (4.04 miles) of the prolific, gold localizing Cadillac Break. The Rouyn Merger property includes several areas of known gold mineralization including the Rouyn Merger, O'Neil-Thompson and East O'Neil zones which have seen historical drilling to relatively shallow depth, outlining in some cases significant but erratic gold vein structures at or near the gold localizing Cadillac Break.

Globex Mining Enterprises Inc. (TSX:GMX) completed the acquisition of Block of Claims in Rouyn and Joannes Townships, Quebec from IAMGOLD Corporation (TSX:IMG) on July 29, 2021.