PRESS RELEASE

Globex Mining Enterprises Inc.

"At Home in North America"

55,360,117 shares issued and outstanding

January 13, 2022

Radisson Announces High-Grade Gold Intercepts

on Globex's Kewagama Royalty Property

Rouyn-Noranda, Quebec, Canada. 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 provide an update on exploration by Radisson Mining Resources Inc. (RDS-TSXV,RMRDF-OTC)on Globex's Kewagama Royalty Property near

Cadillac, Quebec.

In yesterday's press release, Radissonreports multiple high-grade gold intersections in what they call the #4 Trend which is entirely within our Kewagama royalty claims and additional high-grade gold intersections in the #3 Trend which is largely on Globex's Kewagama royalty claims as the #3 Trend plunges to the east onto said royalty claims.

The Radisson press release is quite long and includes numerous assays and several longitudinal and cross sections. A large number of samples are still out for assay, including many with visible gold.

A few of the assays reported are as follows:

  • Trend #4
    1. g/t Au over 2.00 m
    1. g/t Au over 2.40 m
  • Trend #3
    1. g/t Au over 2.00 m
    1. g/t Au over 2.50 m

Due to the length and detail of the Radisson press release, I suggest that Globex shareholders read the Radisson press release and in particular, consult Figure 3 which graphicly provides a good visual understanding of their current drill results and the potential of future drill intersections currently out for assay, many with reported visible gold on Globex's Kewagama royalty claims.

2

Figure 3. O'Brien Gold Project: Trend #3 and #4 - Longitudinal section

This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.

We Seek Safe Harbour.

Foreign Private Issuer 12g3 - 2(b)

CUSIP Number 379900 50 9

LEI 529900XYUKGG3LF9PY95

For further information, contact:

Jack Stoch, P.Geo., Acc.Dir.

President & CEO

Tel.: 819.797.5242

Globex Mining Enterprises Inc.

Fax: 819.797.1470

86, 14th Street

info@globexmining.com

Rouyn-Noranda, Quebec Canada J9X 2J1

www.globexmining.com

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Globex Mining Enterprises Inc. published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2022 13:40:12 UTC.