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netvirt Authors: Yeshim Deniz, Moshe Kranc, Pat Romanski, Elizabeth White, Daniel Gordon

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Globex: Gold Flotation Mill to Be Installed on Russian Kid Gold Property (Rocmec 1)

Globex: Gold Flotation Mill to Be Installed on Russian Kid Gold Property (Rocmec 1)

ROUYN-NORANDA, QUEBEC -- (MARKET WIRE) -- 04/30/08 -- GLOBEX MINING ENTERPRISES INC. (TSX: GMX)(FRANKFURT, STUTTGART, BERLIN, MUNICH, XETRA:G1M)(OTCQX: GLBXF) has been informed that Rocmec Mining Inc. (TSX VENTURE: RMI) has signed a contract with RSW-Beroma for the construction and delivery of a 75 tonne per day gold gravity and froth flotation mill to be installed underground and operational at the Russian Kid (Rocmec 1) gold mine site near Rouyn-Noranda, Quebec before October 18th, 2008.

The mill will be exceptionally ecologically sound in that it will not use cyanide but rather first use gravity and then a froth flotation circuit to float off gold bearing sulphides. High grade gold concentrates collected in this manner will then be shipped for gold recovery. Mill residue will be used as fill in areas that have been mined underground thus eliminating the need for the construction of tailing disposal facilities on surface.

Globex is pleased with this development and hopes that this will result in the start of a steady cash flow to Globex from Globex's 5% and subsequent 3% Gross Metal Royalty.

For more information, see Rocmec's Press Release of April 30, 2008.

We Seek Safe Harbour.                    Foreign Private Issuer 12g3 - 2(b)
                                         CUSIP Number 379900 10 3

17,832,674 shares issued and outstanding

Contacts:
GLOBEX MINING ENTERPRISES INC.
Jack Stoch, P.Geo. Acc.Dir.
President & CEO
819-797-5242
819-797-1470 (FAX)
[email protected]
www.globexmining.com

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