Mr. Richard Grayston reports

GLENMARK ANNOUNCES WORK PROGRAM FOR POPLAR COPPER PROJECT

Glenmark Capital Corp. has proposed a work program for its Poplar copper-molybdenum project in central British Columbia.

The proposed program consists of up to 15 diamond drill holes to total 7,500 metres, designed to further define and characterize the Poplar deposit, with the intention of expanding and updating the known resource. Additionally, the proposed work program will test the highest priority of the seven additional distinct exploration targets on the property: the Red Pine. The Red Pine target lies approximately 10 kilometres northeast of the main Poplar deposit and is the location of a strong ring-shaped electromagnetic conductivity anomaly several kilometres in diameter. This airborne EM anomaly is interpreted as an indicative signature of copper-molybdenum porphyry deposits in the region and warrants detailed examination.

The Red Pine target displays geophysical and geochemical similarities to the main deposit. Access to the Red Pine is very good as it lies only a few hundred metres off existing road access. Prior to the proposed drilling campaign at Red Pine, a series of targeted ground-based mineral exploration programs is planned, including additional geologic mapping/sampling/trenching, as well as a focused 3-D induced polarization geophysical survey. These first-phase exploration programs are designed to more tightly constrain drill targets for follow-up evaluation. Permits to conduct these exploration activities are currently being prepared to file with the B.C. provincial government, and it is expected the first phase of mineral exploration will begin toward the latter part of spring 2015. These programs are subject to financing.

The Poplar 2015 exploration programs have been designed by Paul D. Gray, PGeo. For more information about this project and other Glenmark assets, please visit the company website. In addition, a video on the Poplar deposit is available for viewing on the home page.

The technical contents of this news release have been prepared under the supervision of Dr. Peter Born, PGeo. Dr. Born is a qualified person, as that term is defined in National Instrument 43-101, and has approved this news release.

About the Poplar copper/moly project

The Poplar copper-moly property covers an area of 67,862 hectares in the Omineca mining division, in the central interior of British Columbia, 50 kilometres south of the town of Houston. The Huckleberry mine, located approximately 35 km southwest of the property, produces copper and molybdenum from a deposit of similar age and geological setting.

In 2012, G.H. Giroux, MASc, PEng, estimated the resource present on the property. A three-dimensional solid was constructed to constrain the mineralized area, using a 0.1-per-cent-copper-grade shell as a guide. Large internal waste zones were modelled as were some larger postmineral dikes. Of the total database, 129 drill holes totalling 37,205 metres were within the mineralized zone and were used to estimate the resource. Drill holes were compared with the mineralized solid, and assays were tagged if inside.

In an NI 43-101 technical report prepared for Lions Gate Metals Inc., entitled "2012 resource update on the Poplar deposit," copper, molybdenum, gold and silver assays within the mineralized solid were capped at 1.4 per cent Cu, 0.14 per cent Mo, 0.34 gram per tonne gold and 41 grams per tonne silver. Five-metre composites were formed and used for variography. For this estimate, and to aid with some preliminary planning, the blocks were reduced to five by five by 10 metres in dimension and were estimated for Cu, Mo, Au and Ag by ordinary kriging. The historical resource is classified as indicated and inferred based on each block's proximity to data and the grade continuity. At a 0.20-per-cent-copper cut-off within the mineralized solid, the indicated resource is 131 million tonnes at 0.31 per cent Cu, 0.009 per cent Mo, 0.09 g/t Au and 2.39 g/t Ag while the inferred resource is an additional 132 million tonnes grading 0.27 per cent Cu, 0.005 per cent Mo, 0.07 g/t Au and 3.75 g/t Ag. This historical information was taken from the Lions Gate Metals report, a copy of which is available on SEDAR under Lions Gate's profile. A qualified person has not done sufficient work to classify these historical estimates as current, and the company is not treating them as current. As part of its continuing disclosure requirement, the project also has a host of similar regional targets, identified through airborne geophysics, all of which have characteristics common to porphyry-style deposits.

Glenmark anticipates preparing a technical report on the Poplar project, to update this historical information. A copy of an NI 43-101 technical report prepared for Lions Gate Metals can be viewed at the company's website.

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