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File: GLENMARK_ NR Nov 25 2014 4.docx

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GLENMARK CAPITAL CORP.      1600 - 609 Granville Street     Vancouver, BC V7Y 1C3     www.glenmark.ca

NEWS RELEASE

GLENMARK ANNOUNCES FIELD PROGRAM FOR 
KEY LAKE ROAD URANIUM PROJECT
 
November 26, 2014 - Glenmark Capital Corp. (TSX.V: GLM, OTC: GLRKF and Frankfurt: 17G) ("Glenmark" or the "Company") i
--->s pleased to announce that is has filed a NI43-101 report on its Key Lake Road Uranium Project, located in northern Sa
--->skatchewan. The report was completed by Dave Billard P. Geo. of Saskatoon, SK and is available on www.sedar.com. Mr. B
--->illard has extensive experience in uranium exploration in the Athabasca basin; he was a COO, VP Exploration and direct
--->or of JNR Resources, which discovered the Moore Lake and Way Lake deposits. The main deposit type that is being explor
--->ed for at Key Lake Road is a basement hosted, unconformity related, structurally controlled deposit similar to those f
--->ound at Cameco Corporation's Eagle Point Mine, Millennium Deposit and McArthur River.

The technical report detailed a two phase work program, culminating in a phase two diamond drill program. Historic dri
--->lling to date has encountered shallow uranium mineralization, confirming that the project area has been subjected to t
--->he conditions necessary for uranium deposition.  

The Phase One program is comprised of four elements, focusing initially on the Molly and HOBO zones as a matter of cou
--->rse, but also on new areas that may be identified as the work progresses. The budgetary estimate for Phase One is ~CDN
---> $220,000. 

Airborne Radiometrics and Magnetic survey - The radiometric survey will be completed, especially in light of the recen
--->t discovery at Patterson Lake as well as the original Key Lake deposits, which were largely identified by radiometric 
--->boulder tracing. In addition, airborne magnetics should be incorporated into the program in the interests of increasin
--->g the resolution of the existing magnetic survey. The addition of the magnetic survey with the radiometrics will add o
--->nly a nominal amount to the total cost of the survey. It is proposed to fly the property on a line spacing of 200 metr
--->es for a total of 350 line-km of airborne radiometrics and magnetics. 
Geophysical Review - The current geophysical data will be re-evaluated and reprocessed as well as incorporated into th
--->e newly acquired data that is obtained from the Airborne Radiometric and Magnetic survey as described above. 
Drill Core Review And Sampling - Although the core from previous drilling on the project was logged and sampled in a t
--->echnically sound manner, the core will be re-evaluated in light of recent geological advances that have occurred over 
--->the past 7 years and be looked at with "fresh eyes". 
Geological Mapping and Prospecting - a program of geological mapping and prospecting of the Molly and HOBO zones as we
--->ll as further investigations of new targets identified by the previously described work forms part for this phase. 
Soil and Till Sampling - A selective program of soil and till sampling will be carried out on the property where till 
--->cover impedes effective prospecting and mapping and where targets of significance are indicated by the airborne geophy
--->sics. 

Regarding the proposed program, Richard Grayston President commented, "The Key Lake Road Project has a great potential
---> and has already yielded promising results, down-hole and on surface. We look forward to putting boots on the ground i
--->n the near term and advancing this project to  increase shareholder value." 

  
Dave Billard P. Geo., Qualified Person as defined in NI 43-101, is responsible for the technical contents of this rele
--->ase.  


For further information, please contact:
 Richard W. Grayston
President & CEO
Phone: (604) 990-1012
Email: rwgrayston@glenmark.ca
 Rob Gamley Contact Financial Corp.
Phone: (604) 689-7422 
Email: rob@contactfinancial.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  Statements included in thi
--->s announcement, including statements concerning our plans, intentions and expectations, which are not historical in na
--->ture are intended to be, and are hereby identified as, "forward{‐ ‐}looking statements". Forward{‐ ‐}looki
--->ng statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and si
--->milar expressions. The Company cautions readers that forward{‐ ‐}looking statements, including without limitatio
--->n those relating to the Company's future operations and business prospects, are subject to certain risks and uncertain
--->ties that could cause actual results to differ materially from those indicated in the forward{‐ ‐}looking statem
--->ents.