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    Press Release Source: Globex, Inc.   

Globex / U Mining Resources Inc. Announces Latest Acquisition of Uranium Property in Chibougamau Area of Northern Quebec
Monday April 16, 8:30 am ET

Sets Mandate to Conduct NI-43-101 on Specific Area of Laurentide 2 Property (Grenville MT-Laurier)

NEW YORK, April 16 /PRNewswire-FirstCall/ - Globex / U Mining Resources Inc. (GLXI: Pink Sheets), today announced that it has finalized the acquisition of 4 targeted Uranium titles in the Chibougamau area of Northern Quebec, Canada; covering a total area of 2.2 square Kilometers. This acquisition, in a key Uranium sector, has been under negotiation for over 3 months and management ultimately agreed to terms with the vendors as of last Friday.
The strategic titles are being added to the Corporation's resource-rich portfolio and are located near the city of Chibougamau, Quebec under the cadastral sector 22 M 13. The Company will now obtain access to available historical reports.

The Company also announced that it has set a high-priority mandate to conduct surveys and NI-43-101 on 2 key specific areas of its Laurentide 2 property (Grenville MT-Laurier).

  





Management has received highly informed and credible third party information that within a precise sector of its Laurentide 2 property, significant Uranium concentrations would be present at approximately 2 to 4 meters below the surface. Thus, the Company has decided to accelerate the exploration program at this site and take every necessary step to complete it as soon as possible. Management is discussing the terms with respect to securing a second loan from a third party, in order to immediately capitalize on this privileged information.

For more information on U Mining Resources Inc, please visit the corporate website at www.umining.com.

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.


Contact:
U Mining Resources Inc.
Phone: (321) 251-6540

Source: Globex, Inc.