Globex Mining Enterprises Inc.

Globex Mining Enterprises Inc.

October 24, 2005 14:38 ET

Globex Lists on Frankfurt Stock Exchange

ROUYN-NORANDA, QUEBEC--(CCNMatthews - Oct. 24, 2005) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(PINK SHEETS:GLBXF)(FRANKFURT:G1M) is pleased to announce that it has been listed for trading on the Frankfurt Stock Exchange under the symbol G1M.

German brokerage firm N.M. Fleischhacker AG sponsored Globex's listing. They will henceforth act as market maker and will introduce Globex to the European investment community. N.M. Fleischhacker AG was founded in 1902 and, since 2004, has concentrated on market making for international resource securities.

Globex will be a featured speaker on October 25, 2005 at the Stock Day Resources 2005 conference in Frankfurt, Germany.

Globex Mining Enterprises Inc. holds a diversified portfolio of over 70 mineral properties both in Canada and the U.S., including numerous gold prospects, more than 20 of which are deposits or advanced exploration projects, a number of base metal properties including drill defined sulphide copper, zinc, gold and silver deposits; three diamond projects; one molybdenum deposit; one magnesium-talc deposit; one six property uranium-gold project; one uranium-fluorite deposit and two uranium showings. Globex explores for its own account but also derives revenue and advances exploration or development through the optioning of its properties while retaining royalties on possible future production. In addition to those already under option, management is currently in discussion with several parties interested in optioning various Globex properties. The terms of such ventures and the results of ongoing work programs will be announced as the information becomes available.

14,048,538 shares issued and outstanding

We Seek Safe Harbour. Foreign Private Issuer 12g3 - 2(b)
CUSIP Number 379900 10 3

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