Replies to post #482 on Stocks That Glow! Uranium Plays

[Stock Lobster]

CONGRATULATIONS Uranium FANS!! What a great ending to the week!

[million]

GLXI Globex, Inc. Announces Completion of Acquisition
Feb 20, 2007 8:00:00 AM

NEW YORK, Feb. 20 /CNW/ - Globex, Inc. (GLXI: Pink Sheets), today announced that it has completed the acquisition of an additional 109 claims in the vicinity of Tasjujaq in Northern Quebec, Canada. This region has significant proven Uranium reserves, and major players including Uranor Inc. and Canadian Royalties Inc are already exploring sites in the area surrounding Globex's claims.

These territories are encompassing a definite concentration of activities with historical documented specifications that were the main core content of a long negotiation.

This specific acquisition forms part of our Company's plan to increase the key targeted sectors as part of our asset portfolio.

This will allow our team to subsequently publish the condensed conclusions of a voluminous report shortly.

(Statistic Canada source) Canada produces about one third of the world's uranium mine output, most of it from new mines located in Northern Quebec and Saskatchewan. After 2007, Canadian production is expected to increase further as more new mines come into production.

Management has decided to file the change of the name of the Corporation to "UMINING RESOURCES INC." in State of New York instead of Nevada as previously announced. The name change will become effective as soon as it has been approved by Regulatory and Governing authorities.

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

GLXI FCCN