Globex Updates on Cash and Share Position as of January 2026

TORONTO, Jan. 22, 2026 (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. has renewed the Duquesne West option by paying Duparquet Assets Ltd. (50% owned by Globex) $1,000,000 CAD (one million dollars) and 3,263,133 Emperor shares (currently $0.19/share). Emperor is now in the third year of a five-year option to acquire the property subject to cash and share payments and exploration expenditures. Should Emperor acquire the property Duparquet Assets will retain a 3% Gross Metal Royalty. Globex announced the option of the Duquesne West property to Emperor on October 12th, 2022 (click here to view the October 12, 2022 press release).

Globex Mining Enterprises Inc. has provided a recent update regarding its cash and share position as of January 21, 2026. The update reflects the financial state and resource holdings of the company, which plays a significant role in the mining sector.

As of the stated date, Globex has reported that its cash reserves are approximately $5.5 million. This substantial cash position indicates the company’s ability to sustain its operations and invest in potential projects without immediate financial strain. Having a robust cash reserve is critical for mining companies, allowing them to navigate market fluctuations and seize emerging opportunities in the industry.

In terms of assets, Globex holds approximately 12.7 million shares of other entities, primarily within the mining and resource sectors. This investment reflects Globex's strategic approach to diversifying its portfolio and maintaining a balanced financial structure. Holding a diverse mix of shares can also bolster the company’s overall valuation and mitigate risks associated with single-asset dependencies.

Furthermore, Globex emphasizes its commitment to responsible mining and sustainable practices. The company is engaged in projects that adhere to environmental guidelines, aligning with global trends toward ecological responsibility. This focus on sustainability not only enhances Globex's reputation but also positions it favorably in the eyes of regulators and investors increasingly concerned with environmental impact.

Globex’s strategic positioning in the marketplace combined with its healthy cash and share portfolio suggests a promising outlook. The company's management is focused on leveraging its financial strength to explore new opportunities and expand its operational footprint, which could lead to significant growth in the coming years.

Globex plans to continue communicating its progress and developments to shareholders and stakeholders, ensuring transparency and fostering trust within the investment community. This proactive approach is likely to enhance the company's credibility and potentially attract more investors.