© Reuters.

QUEBEC – Globex Mining Enterprises Inc. has successfully concluded an agreement with Infini Resources Limited for the Des Herbiers uranium project located in Quebec. The deal, which was finalized today, resulted in Globex Mining receiving C$200,000 and additional shares subsequent to the approval of Infini Resources Limited’s listing document.

The agreement also allows Globex Mining to retain a Gross Metal Royalty on the uranium project, which is significant as historical reports have suggested the presence of substantial uranium resources in the area. This completion comes at a time when the uranium market is experiencing an uptick in value, a trend that began after Globex initially acquired the claim.

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