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Exchange Bulletin

Chibougamau Independent Mines Inc To Trade On TSX Venture Exchange

January 24, 2013

CHIBOUGAMAU INDEPENDENT MINES INC ("CBG")
BULLETIN TYPE: New Listing-Shares, Private Placement-Brokered
BULLETIN DATE: January 24, 2013
TSX Venture Tier 2 Company

New Listing-Shares

Effective at the opening on Friday, January 25, 2013, the common shares of Chibougamau Independent Mines Inc. (the "Company" or "Chibougamau") will commence trading on TSX Venture Exchange. Chibougamau is classified as a "Gold and Silver Ore Mining" company. (NAICS Number: 212220).

Chibougamau was incorporated under the Canada Business Corporation Act on December 13, 2010, primarily for the purpose of carrying out a spin-out by way of a plan of arrangement (the "Arrangement") with Globex Mining Enterprises Inc. ("Globex") (TSX: GMX), which was completed on December 29, 2012.

Pursuant to the Arrangement, the "Chibougamau Mining Camp" (the "Transferred Assets") has been transferred from Globex to Chibougamau and each Globex shareholder will receive one New Globex Common Share and one Chibougamau Common Share in exchange for each old Globex Common Share held.

The Arrangement was approved by Globex shareholders on October 19, 2012 and the Québec Superior Court on December 14, 2012.

The principal assets comprising the Transferred Assets are:

a) The interest of Globex in ten mineral resource properties known as the "Chibougamau Mining Camp" in the Chibougamau region of Québec, subject to a 3% "gross metal royalty" in favour of Globex;

b) Cash of Globex representing approximately 5.28% of Globex's cash, being $248,479;

c) Securities held by Globex representing approximately 5.28% of Globex's securities, estimated at $32,413; and

d) All agreements to which Globex is a party and all other rights and assets of Globex which pertain to any of the properties comprising the "Chibougamau Mining Camp" and which will be assigned by Globex to Chibougamau as part of the Arrangement.

Corporate Jurisdiction:Canada

Capitalization:Unlimitedcommon shares with no par value of which 32,477,248 common shares are issued and outstanding

Escrowed Shares:6,755,774common shares

Transfer Agent:Computershare Investor Services Inc. - Montreal and Toronto
Trading Symbol:CBG
CUSIP Number:167101104

For further information, please refer to the Listing Applicable (Form 2B) dated January 22, 2013 of the Company, which is available on SEDAR. Please also refer to the Management Information Circular dated September 19, 2012 of Globex Mining Enterprises Inc., which is available on SEDAR.

Company Contact:Mr. Jack Stoch, President, CEO and Director
Company Address:86 - 14th Street, Rouyn-Noranda, Québec J9X 2J1
Company Phone Number:(819) 797-5242
Company Fax Number:(819) 797-1470
Company Email Address: info@globexmining.com
Company Web Site Address:None

Private Placement-Brokered

In connection with the New Listing noted above, TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement:

Number of Shares:2,400,000 common shares and 2,181,230 flow-through common shares

Purchase Price:$0.50 per common share and $0.65 per flow-through common share

Warrants:2,290,615 share purchase warrants to purchase 2,290,615 shares

Warrant Exercise Price:$0.80 for a one year period following the closing

Number of Placees:3 placees

Insider / Pro Group Participation:
Insider=Y /
NameProGroup=P / # of Shares
Géoconseils Jack Stoch LimitéeY2,400,000

Agents:Marquest Asset Management Inc. and Casimir Capital Ltd.

Agents' Fee:$70,890 in cash

The Company has confirmed the closing of the above-mentioned Private Placement
by way of a press release dated December 31, 2012.