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GLOBE METALS & MINING LIMITED Board/Management Information 2021

Jul 18, 2021

64965_rns_2021-07-18_edeaf910-caa2-4192-b46b-f09f4433753c.pdf

Board/Management Information

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----- Start of picture text ----- ASX Announcement19 July 2021----- End of picture text -----

EXPERIENCED COMMODITY TRADER BENNY TSUNG APPOINTED AS GLOBE’S PRESIDENT OF GLOBAL SALES AND MARKETING

Globe Metals & Mining Limited (ASX: GBE , Globe or the Company ) hereby advises the appointment of Mr Benny Tsung to the position of President of Global Sales and Marketing who has now commenced with Globe.

Mr Tsung will oversee the Company’s sales and off-take strategy and will be responsible for all aspects of customer relations, working closely with Globe’s financial, technical and operational teams.

Mr Tsung is a former Glencore trader who has worked in commodities trading for over 15 years. He has substantial experience in advising clients on product offtake agreements and associated arrangements, including financing and logistics and is fluent in English, Mandarin, French and German. In addition, he has broad commodity exposure including most major metals, typically focussing on ores and intermediate products including iron ore, copper, zinc, lead, nickel, gold, vanadium, lithium and rare earths.

Commenting on the appointment of Mr Tsung Managing Director Alistair Stephens commented:

I am personally delighted that Benny has agreed to join the Globe team. I have had previous business dealings with Benny in previous roles and I know first-hand that he is highly knowledgeable and extremely professional, with strong networking and presentation skills. With the grant of the mining licence imminent for our Kanyika Niobium Project, our attention turns to Project funding, off-take and future production. Benny will play a significant role in all aspects. His appointment and availability is a major win for Globe and I and my fellow executive team members look forward to working with him.”

This announcement has been authorised for release by Alistair Stephens, Managing Director of Globe Metals & Mining Limited.

For further information please contact:

Alistair Stephens Managing Director +61 8 6118 7240

Michael Fry Company Secretary +61 8 6118 7240

Globe Metals & Mining Ltd | Unit 1, 26 Elliott Street, Midvale, WA, 6056 | PO Box 1811 West Perth WA 6872 | P: +61 6118 7240 | F: +61 8 6323 0418 web: www.globemm.com | Email: [email protected] | ABN 33 114 400 609 | ASX:GBE

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Disclaimer

  • This announcement has been prepared by Globe Metals & Mining Limited (“Company”). The material contained in this announcement is for information purposes only. This announcement is not an offer or invitation for subscription or purchase of, or a recommendation in relation to, securities in the Company and nether this release nor anything contained in it shall form the basis of any contract or commitment.

  • This announcement may contain forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Globe Metals & Mining Limited’s business plans, intentions, opportunities, expectations, capabilities and other statements that are not historical facts. Forward-looking statements include those containing such words as could-plan-target-estimate-forecast-anticipate-indicate-expect-intendmay-potential-should or similar expressions. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, and which could cause actual results to differ from those expressed in this report. Because actual results might differ materially to the information in this announcement, the Company does not make, and this announcement should not be relied upon as, any representation or warranty as to the accuracy, or reasonableness, of the underlying assumptions and uncertainties. Investors are cautioned to view all forward-looking statements with caution and to not place undue reliance on such statements.

  • The announcement has been prepared by the Company based on information available to it, including information from third parties, and has not independently verified. No representation or warranty, express or implied, is made to the fairness, accuracy or completeness of the information or opinions contained in this announcement.

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