| Globex Mining Enterprises Inc. Changes Auditors | |
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ROUYN-NORANDA, QUEBEC--(Marketwired - Dec 8, 2017) - GLOBEX MINING ENTERPRISES INC. (GMX.TO)(G1MN.F)(G1MN.SG)(G1MN.BE)(G1MN.MU)(G1MN.F)(GLBXF) announces that it has changed its auditors from Deloitte (the "Former Auditors") to MNP Sencrl SRL/LLP (the "Successor Auditors") effective November 20, 2017. At the request of the Company, the Former Auditors resigned as auditors of the Company effective November 20, 2017 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective November 20, 2017 until the next Annual General Meeting of the Company. There were no reservations in the Former Auditor's reports in connection with the most recently completed fiscal year (2016) or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of the former Auditor's resignation. There are no "reportable events" (as that term is defined in National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former Auditor. In accordance with National Instrument 51-101, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, have been reviewed by the audit committee and the board of directors and has been filed on SEDAR. The change of auditors was decided after much internal discussion and was made solely as a money saving exercise as was the recently announced change of CFO. ON BEHALF OF THE BOARD OF DIRECTORS OF GLOBEX MINING ENTERPRISES INC. Jack Stoch, President and CEO | We Seek Safe Harbour. | Foreign Private Issuer 12g3 - 2(b) | | | CUSIP Number 379900 50 9
LEI 529900XYUKGG3LF9PY95 | www.globexmining.com 51,053,577 shares issued and outstanding |
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Globex Mining Enterprises Inc.
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DEVELOPMENT STAGE |
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CODE : GMX.TO |
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Globex Mining is a zinc and copper exploration company based in Canada. Globex Mining holds various exploration projects in Canada. Its main asset in development is FABIE BAY in Canada and its main exploration properties are BATEMAN BAY, LYNDHURST, POIRIER MINE, RAMP (MAUDE LAKE), MOOSELAND, PACAUD, BEAUCHASTEL-ROUYN, SUFFIELD MINE, VULCAN (GOLD DIKE) - GLOBEX, WEMINDJI, GRAND CALUMET, HUNTERS POINT, GRANDROY, LEIPSIGATE, DELORO, GAYHURST, FISH LAKE, BUCKELL LAKE, MAGNESIUM-TALC, TUT ZONE, FONTANA GOLD PROJECT, EAGLE GOLD PROPERTY, ARNTFIELD, COURVILLE PROJECT, LAKE SIMON, TRANSTERRE, WRIGHTBAR GOLD PROPERTY, TONNANCOUR, LA MOTTE, VICTORIA GOLD PROJECT, SMITH-ZULAPA, HALLIWELL & BM PROPERTIES, LAGUERRE-KNUTSON-RAVEN RIVER, DUPRAT, BLACKCLIFF, DUVAY ZONE, BELL MOUNTAIN, PARBEC, NORDEAU GOLD, RUSSIAN KID (EL COCO), FABIE BAY AND MAGUSI RIVER, GETTY DEPOSIT, WOOD - PANDORA, AUTHIER, CENTRAL CADILLAC, JACOBIE and LAMY MICA in Canada. Globex Mining is listed in Canada and in Germany. Its market capitalisation is CA$ 49.4 millions as of today (US$ 35.9 millions, € 33.6 millions). Its stock quote reached its lowest recent point on January 07, 2000 at CA$ 0.09, and its highest recent level on December 15, 2006 at CA$ 7.76. Globex Mining has 48 900 000 shares outstanding. |