Globex Reports Election of Directors

/EINPresswire.com/ -- ROUYN-NORANDA, QUEBEC -- (Marketwired) -- 06/01/16 -- GLOBEX MINING ENTERPRISES INC. (TSX: GMX)(FRANKFURT: G1M)(STUTTGART: G1M)(BERLIN: G1M)(MUNICH: G1M)(XETRA: G1M)(OTCQX: GLBXF) wishes to announce that the five nominees listed in the management information circular for the 2016 Annual Meeting of Shareholders (the "Meeting") held earlier yesterday were elected as directors. The detailed results of the votes received are set out below:


----------------------------------------------------------------------------
                                   Votes        % of       Votes        % of
Name of Nominee                      for       votes    Withheld       votes
----------------------------------------------------------------------------

Jack Stoch                    13,837,371       99.63      50,968        0.37
Dianne Stoch                  13,822,871       99.57      59,468        0.43
Chris Bryan                   13,857,339       99.82      25,000        0.18
Ian Atkinson                  13,747,458       99.03     134,881        0.97
Johannes H. C. van Hoof       13,844,839       99.73      37,500        0.27

Voting also approved the appointment of Deloitte LLP as the Corporation's auditors and the amendment to the 2006 Stock Option Plan.

Final voting results on all matters voted on at the Meeting will be filed on SEDAR at www.sedar.com.

Globex continues to expand its property holdings with over 140 assets including gold, base metals, industrial minerals and specialty metals and elements as well as royalties. Globex generates revenue from option payments from third parties who are exploring certain of our assets. Globex expects to have an active exploration season in 2016.


We Seek Safe Harbour.                     Foreign Private Issuer 12g3 - 2(b)
                                                    CUSIP Number 379900 50 9

44,797,706 shares issued and outstanding

Contacts:
Globex Mining Enterprises Inc.
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
819.797.5242
819.797.1470 (FAX)
info@globexmining.com
www.globexmining.com

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Globex Reports Election of Directors

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