Globex has entered into an engagement letter with Marquest Asset Management Inc., as co-lead agent with Casimir Capital Ltd., for a private placement of up to 2,778,846 "flow-through" shares at a price of $1.30 per share, for maximum gross proceeds to Globex of $3,612,500, and up to 607,142 common shares at a price of $1.05 per share, for maximum
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