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Globex Mining sells lithium mining claims as it realises value from its portfolio

Published: 16:08 09 Jun 2021 EDT

Globex Mining (TSE: GMX - OTCQX: GLBXF) CEO Jack Stoch joined Stephen Gunnion from Proactive with news of the sale of its McNeely Lithium project consisting of 66 mining claims in the La Corne, Landrienne and Figuery townships in Quebec to First Energy Metals Ltd.

Stoch telling Proactive that the claims have been sold for a single cash payment of $250,000 and 2,000,000 First Energy Metals shares (currently $0.30 a share). Globex will retain a 3% Gross Metal Royalty on all production from the claims.

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