Progress Reported at Globex’s Bell Mountain Gold Royalty Property

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Northern Crude, Quebec, January. November 23, 2025 (Globe Newswire) – GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf Stock Exchangespecific
and GLBXF – International OTCQX in the US) Lincoln Gold Mining Inc. is pleased to… (LMG-TSXV) directed shareholders to a press release issued today, reporting progress regarding the ownership of Globex’s Bell Mountain, Nevada, gold property. Lincoln’s update indicates a pre-tax IRR of 63.2% and an after-tax IRR of 59.6%.

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Lincoln states that once financing is in place, construction time is estimated to take 8 to 10 months, with the first gold and silver produced approximately 4 to 5 months later.

Globex holds a total mineral royalty of 3% at the current gold price. Access to Lincoln press release here.

This press release was written by Jack Stotch, P.Geo., President and CEO of Globex as a Qualified Person (QP) under NI 43-101.

Forward-looking statements: Except for historical information, this press release may contain certain “forward-looking statements.” These statements may involve a number of known and unknown risks, uncertainties and other factors that could cause actual results, level of activity and performance to differ materially from Globex Mining Enterprises Inc.’s expectations and projections. (“Globex”). No assurance can be given that any events anticipated by forward-looking information will occur or occur, or if any of them do occur, what benefits Globex will derive from them. A more detailed discussion of the risks is provided in the Annual Information Form provided by Globex dated SEDARplus.ca.

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