Globex Mining Enterprises Inc.

Globex Mining Enterprises Inc.

April 04, 2007 01:00 ET

Globex Vends Nickel and Copper-Zinc Properties

ROUYN-NORANDA, QUEBEC--(CCNMatthews - April 4, 2007) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT, STUTTGART, BERLIN, MUNICH, XETRA:G1M)(PINK SHEETS:GLBXF) is pleased to inform shareholders that it has sold two properties to a private company called Exploration Bull's Eye.

One property is the historic Bilson-Cubric nickel, platinum, palladium property located on 3 claims in La Motte Township, Quebec. Previous stripping and surface sampling by Globex returned up to 5.24% nickel and 1.47% copper with anomalous platinum, palladium and cobalt.

Historic diamond drilling outlined mineralization over a strike length of 250 metres and to a depth of 100 metres. The zone is open to depth.

The second property consists of seven recently designated (title pending) claims called the Duvan Copper Mine located in Desmeloize township, Quebec. The property includes the old Duvan shaft (300 metres deep with 8 levels) and a historic mineral resource over narrow widths.

Under the terms of the agreement, Bull's Eye will immediately issue to Globex 2 million common shares of the company. Globex maintains a 4% Gross Metal Royalty on all mineral production which also applies to any mineral production by Bull's Eye within 1 km of the outside boundary of the vended claims. Bull's Eye has agreed that the company will list on a recognized Canadian Stock Exchange within nine months or the agreement will be null and void. Bull's Eye intends to commence exploration on both properties over the summer.

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

Forward Looking Statements

Except for historical information this News Release may contain certain "forward looking statements". These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the Company's expectations and projections.

16,680,950 shares issued and outstanding

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