Globex Options Bald Hill Antimony Property
Portfolio Pulse from
Globex Mining Enterprises Inc. has optioned its Bald Hill antimony property to Big Red Mining Corp. Globex will receive $2 million in cash, 1.1 million shares over four years, and a 3.5% Gross Metal Royalty.
January 22, 2025 | 4:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Globex Mining Enterprises Inc. has entered into an option agreement with Big Red Mining Corp for its Bald Hill antimony property, securing financial benefits and a royalty.
The option agreement provides Globex with immediate cash, shares, and a future royalty stream, which is likely to positively impact its financial position and stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80