GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) wishes to
inform shareholders that its Board of Directors, approved the adoption of a
shareholder rights plan (the "Rights Plan") entered into with Computershare
Investor Services Inc. as rights agent, effective May 5, 2014. 


The purpose of the Rights Plan is to ensure that, in the context of a bid for
control of Globex through an acquisition of the common shares of Globex (the
"Shares"), the Board of Directors has sufficient time to consider the bid and
assess alternatives for maximizing shareholder value as it considers in its
judgment to be in the best interests of Globex. Additionally, the Rights Plan:
(i) gives shareholders an equal opportunity to participate in such a bid; (ii)
gives them adequate time to properly assess the bid; and (iii) lessens the
pressure to tender typically encountered by a security holder of an issuer that
is subject to a bid. 


Globex's Board of Directors is not aware of any third party currently
considering or preparing any proposal to acquire control of Globex. 


The rights plan has not been approved by the Toronto Stock Exchange and is
subject to approval by the shareholders of Globex at its annual and special
meeting of shareholders to be held on June 12, 2014. 


The Rights Plan is intended to encourage any bid to satisfy certain minimum
standards designed to promote fairness. Under the Rights Plan, one right has
been issued with respect to each of the Shares issued and outstanding as of the
effective date. These rights will become exercisable only when a person,
including any party related to it, acquires or attempts to acquire 20 percent or
more of the outstanding Shares without complying with the "Permitted Bid"
provisions of the Rights Plan or without approval of Globex's Board of
Directors. 


A complete copy of the Rights Plan has been filed under Globex's profile on
SEDAR at www.sedar.com.




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



40,793,755 shares issued and outstanding

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

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