Globex gains on sale of Tarmac Gold property to Wesdome

Globex Mining Enterprise

12/07/2021 15:53

** Shares of Canadian miner Globex Mining Enterprises Inc
 GMX.TO  up as much as 3.48% at C$1.19
    ** Co sells its Tarmac Gold Property in Quebec to Wesdome
Gold Mines Ltd for $1 mln and a 1% gross metal royalty
 urn:newsml:reuters.com:*:nGNX1L0Ng3
    ** The property consists of 6 claims covering 94 hectares
located within Wesdome’s Kiena Mine complex - GMX
    ** Stock up ~72% YTD, as of last close

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))