ROUYN-NORANDA, Quebec, Feb. 02, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Emperor Metals Inc. (AUOZ-CSE, EMAUF-OTCQB, 9NH-FSE) have paid Duparquet Assets Ltd., a private company owned 50% by Globex, the second year option payment to maintain Emperor’s option on the Duquesne West-Ottoman property in Duparquet township, Quebec, NTS-32D06. The option renewal for 2024 consists of a $500,000 cash payment and $300,000 in Emperor shares based upon a 20-day VWAP amounting to 2,583,119 shares. During 2023, Emperor undertook a 14-hole drill campaign and relogged and took 3 000 samples of historical core as part of a program focused on outlining a near surface lower…
Emperor Renews Option on Globex’s 50% owned
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