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Globex Mining sees more acquisitions on the horizon

Globex Mining Enterprises Inc (TSE:GMX) CEO Jack Stoch tells Proactive Investors about the mineral property bank's current projects, like a property in Germany that has been mined on-and-off for the last 750 years. Going forward, the company sees more acquisitions in its future and also has plans to upgrade current projects.

The mining and exploration company's main focus is acquiring assets, receiving royalties from more than 40 early to advance staged properties, including a zinc mine in Tennessee. The Vancouver-based company has several geologists on the board, including its CEO.

 

Quick facts: Globex Mining Enterprises Inc.

Price: 0.65 CAD

TSX:GMX
Market: TSX
Market Cap: $35.51 m
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Globex Mining moves Specialty Mineral Assets to Electric Royalties

Globex Mining (TSE: GMX-OTCQX: GLBXF) President and CEO Jack Stoch joined Steve Darling from Proactive Vancouver with news the company has moved out some non-core assets to Electric Royalties. Stoch discusses why they did that and what they are getting in return. Stoch also told Proactive...

3 weeks, 5 days ago

2 min read