Examples of using Globex in English and their translations into German
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Colloquial
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Official
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Ecclesiastic
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Medicine
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Financial
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Ecclesiastic
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Political
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Computer
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Programming
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Official/political
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Political
Globex believes that the appropriate proportionate allocation of the ACB of Globex's shares is as follows.
Announced that they had located a new gold zone(Zone 4) at the Wasamac Mine property- Globex claim boundary see Globex press release May 8th, 2012.
Globex Private Placement Globex has entered into an engagement letter with Marquest Asset Management Inc.
We are excited by the addition of such a well regarded and knowledgeable professional to our company and look forward to his contributions to Globex", said Jack Stoch.
Of interest to Globex shareholders is the fact that a new gold zone termed Zone 3 was intersected and described in the press release as follows.
Has announced a NI 43-101 conformable resource calculation on the Boucher structure at theRussian Kid Gold Mine(Rocmec 1) on which Globex has a gross metal royalty of up to 5.
Shortly thereafter a company approached Globex and paid a $150,000 fee for an exclusive 60 day period which ended in August during which they could undertake due diligence.
Previous exploration had located a large amount of ilmenite bearing glacial debris adjoining thesouthern boundary of our property see maps on Globex website,"Ontario Lake Property".
Foreign Private Issuer 12g3- 2(b) CUSIP Chibougamau Independent Mines-CBG-V 167101 10 4 CUSIP Globex Mining Enterprises- GMX 379900 50 9 For further information, contact: Jack Stoch, P. Geo., Acc. Dir.
The Board of Directors of Globex unanimously approved the Arrangement Agreement and the terms of the Arrangement and unanimously recommends that Globex shareholders vote in favour of the Arrangement at the special meeting to be held on October 19.
RCI to prepare a new NI 43-101 compliant resource estimate for the Duquesne West-Ottoman Property under option from Globex See Globex press release dated February 18, 2010.
In other news related to the Francoeur/Arntfield Mines property, Globex has purchased a residual 2% NSR that applied to the Arntfield Mines portion of the property as well as a large number of claims to the north.
Tradegate, Lang& Schwarz Stock Exchanges and GLBXF- OTCQX International wishes to inform shareholders that further to our press release dated March 3, 2016, Globex has finalized the agreement made between Globex and Richmont Mines Inc.
Globex is very pleased with the results of this channel sampling and will incorporate this information in planning our next phase of exploration which will likely include addition lines of an induced polarization survey followed by drilling.
In addition, an initial intergovernmental meeting was held in mid September, at which Globex presented and discussed the project with the various government bodies involved in approving such projects.
Reserve for Globex a 3% Gross Metal Royalty on all mineral production from the claims. e At the 48th month, commence the payment of an annual advance royalty to Globex of $50,000 until production is achieved.
The total transaction, if exercised and documented with an Asset Purchase Agreement, requires cash payment totalling $4 million over 5.5 years andthe issuance to Globex of six million Titan shares by January 12, 2012.
SHORTING On another related matter, Globex has noted that there has been a consistent shorting of our stock over the last several months since we announced plans to spinout our subsidiary, Chibougamau Independent Mines Inc.
We are working with our lawyers and tax specialists to mitigate any financial riskresulting from the planned spin out of the Chibougamau assets to Globex shareholders as shares or warrants in our 100% owned subsidiary, Chibougamau Independent Mines Ltd.
Globex has staked additional claims in the Chibougamau area including claims adjacent to the Grandroy and Berrigan Mine Properties and east of the Portage Mine adjoining the east end of our large claim package to the south of the mine.
On our 100% owned Donalda Gold Mine Property located adjacent to the Horne, Quemont and Delbridge deposits at Rouyn-Noranda,Quebec, Globex has identified four historical shallow drill holes which have returned up to 10.6 g/t Au over 2.56 meters(0.31 oz/T Au over 8.4 feet) in an area that has not reported follow-up drilling.
Globex will review the geological and mineralogical data to identify targets for expansion and the possibility that certain minerals were overlooked as not having economic potential at the time of production but may be of economic interest now.
No further work was reported on these veins until 1973, when Rochelom Mines conduc ted a bulk sampling program on the Galena Vein. The sample averaged 12.69 g/t(0.37 oz/T) over 108.2 m. Following this program,the area lay dormant again until 2015 when Globex Mining staked the property and extended the exposure of the Galena and No.
Globex will now study the gold intersection and the previous exploration in the area in order to develop an exploration program aimed at defining the potential of outlining a low grade, large tonnage gold deposit similar to other such targets and mines currently in the Abitibi.
Considering the large land position on the Casa Berardi Break and the size of the Hecla gold depositalready being mined to the west along this break, Globex will carefully review the wealth of technical data and core available for study and make a decision to either work the asset itself or seek an option partner.
Globex announced the option of the Bell Mountain property in a press release dated June 29, 2010 in an agreement in which Laurion may earn 100% interest in the property in exchange for 3.7 million Laurion shares, $40,000 cash and a minimum of $3 million in exploration and/or development expenditures.
Following the intersection of massive copper, zinc, silver and gold mineralization at Globex's Tonnancour property(see press releases dated August 8 and 10,2011), Globex staked additional claims, more than doubling the size of the property and covering extensions of the geology that enclose the mineralized zone and a number of isolated electromagnetic anomalies.
Globex is extremely pleased to have amassed such a large and prospective mine package in one of Quebec's premier mining camps and must now decide how to advance the assets in light of historically high copper and gold prices while best creating short and long term value for Globex's shareholders.
Of importance to Globex, are the following statements by Selwyn,"Selwyn plans to commence refurbishment of the mill and other activities toward resumption of production in the first quarter of 2012" and"Exploration drilling is planned to confirm the mineral inventory of the Scotia Mine and provide data regarding potentially open pittable mineral potential in the Northeast and Getty deposits.
In order to receive their CIM shares, Globex's registered shareholders must(i) complete and sign the Letter of Transmittal that was delivered with Globex's management information circular dated September 19, 2012, mailed to each Globex shareholder in connection with the special meeting approving the Plan of Arrangement, and(ii) surrender for cancellation the certificate or certificates representing their Globex shares, together with the Letter of Transmittal, to Computershare Investor Services Inc.