Globex Mining Enterprises Inc.

Globex Mining Enterprises Inc.

November 15, 2006 01:00 ET

Globex Acquires Gross Metal Royalty on Zinc-Lead Deposit in Nova Scotia

ROUYN-NORANDA, QUEBEC--(CCNMatthews - Nov. 15, 2006) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FSE:G1M)(Pink Sheets:GLBXF) is pleased to inform shareholders that it has acquired a 1% Gross Metal Royalty on the Getty zinc-lead deposit in Nova Scotia from Acadian Gold Corporation (ADA - TSX-V, C2Z- Frankfurt).

The Getty deposit, the western extension of the adjacent Scotia Mine has a non NI 43-101 resource of 4.5 million tons grading 1.9% zinc and 1.3% lead (Hudgins and Lamb, 1992 for Westminer Canada Ltd). This resource is historical in nature and is not compliant with NI 43-101 requirements and should not be relied upon.

According to Acadian Gold, "historical drilling on this deposit points to two zones of particular interest with respects to potential open pit possibilities and two zones with potential underground possibilities. In addition, Acadian Gold states that "this new group of claims has potential for additional discoveries. The Getty deposit is hosted by a carbonate reef on an island-like basement high that is connected to the Scotia Mine reef deposit by a basement saddle. A similar style island-like basement high to the north of the Getty deposit, also connected by a basement saddle, is considered a high priority drill target".

Globex's 1% Gross Metal Royalty is not subject to charges of any kind. Acadian Gold has the right to acquire one half of the 1% Gross Metal Royalty for $300,000 and also has a first right of refusal on the remaining 1/2% royalty should Globex decide to sell it.

This press release was written by Jack Stoch in his capacity as a Qualified Person (Q.P.).

We Seek Safe Harbour.

Foreign Private Issuer 12g3 - 2(b)

CUSIP Number 379900 10 3

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