The Prospector News

Globex Sells Another Saskatchewan Alkali Disposition

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Globex Sells Another Saskatchewan Alkali Disposition

 

 

 

 

 

GLOBEX MINING ENTERPRISES INC. (TSX:GMX) (FRA:G1MN) (OTCQX:GLBXF) is pleased to inform shareholders that it has acquired and then sold another sodium sulphate Alkali Disposition in Saskatchewan to Edison Lithium Corp. (TSX-V:EDDY) (OTC:EDDYF) (FRA:VVO). Globex has received $200,000 in cash, and will receive $50,000 in Edison stock based on the five-day volume weighted average closing price on the TSX Venture Exchange and a 2% Gross Revenue Royalty from commercial production.

 

The Whiteshore property is the fifth Alkali Disposition sold to Edison in Saskatchewan, the others being the Ceylon Lake, Freefight Lake and the North and South areas of Capri Lake. Sodium is an important ingredient in sodium-ion battery formulations. Shareholders wishing information on sodium-ion batteries are directed to the website, www.sodiumbatteryhub.com.

 

This press release was written by Jack Stoch, Geo., President and CEO of Globex.

 

Posted April 15, 2024

Share this news article

MORE or "UNCATEGORIZED"


Loncor Gold Reports Multiple Gold Intersections at Its Drill Program at Adumbi

Results from hole LADD030 reported 11.43 metres grading 1.77 g/t ... READ MORE

July 29, 2025

AbraSilver Substantially Increases Total Diablillos Mineral Resources to 199 Million Ounces Contained Silver and 1.7 Million Ounces Contained Gold (350 Moz AgEq) in M&I

Updated MRE Highlights Significant Growth Primarily at Oculto &am... READ MORE

July 29, 2025

Brixton Metals Drills 16m of 3.4 g/t Gold, 96 g/t Silver, 0.59% Copper, 0.12% Antimony at the Glenfiddich Zone, Camp Creek Corridor

Including 6m of 6.17 g/t Gold, 221 g/t silver, 1.4% Copper and 0.... READ MORE

July 29, 2025

Omai Gold Drills 17.36 g/t Au over 7.5m (capped), 2.64 g/t Au over 41.8m and 3.49 g/t Au over 17.4m in Resource Expansion Program at Wenot

Omai Gold Mines Corp. (TSX-V: OMG) (OTCQB: OMGGF) is pleased to a... READ MORE

July 29, 2025

GoldMining Inc. Highlights State of Alaska's Commitment to Critical Infrastructure Supporting U.S. GoldMining's Whistler Gold-Copper Project

GoldMining Inc. (TSX: GOLD) (NYSE: GLDG) applauds the recent anno... READ MORE

July 29, 2025

Copyright 2025 The Prospector News