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File: GLENMARK_NR_ Nov 10 2014.docx

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



GLEMMARK TO ACQUIRE SCOTIA ZINC-SILVER PROJECT 


November 11, 2014 - Glenmark Capital Corp. (TSX.V: GLM, OTCBB: GLRKF) ("Glenmark" or the "Company") is pleased to anno
--->unce that it has entered into an agreement with GeoNovus Minerals Corp. whereby the Company can earn a 100% interest i
--->n the Scotia Zn-Ag Project, which covers an area of ~4040 hectares in the Skeena Mining Division, ~40km southeast of P
--->rince Rupert in west central British Columbia, Canada. 

The Scotia Project hosts a metamorphosed massive sulfide deposit located within the Ecstall Belt of metavolcanic rocks
---> that extends through west-central British Columbia. Resource modeling of the Albere Zone in 2009 established a vertic
--->al range of mineralization of 95 meters, and a horizontal range of 205 meters. The high grade "core" area widened to a
--->bout 30 meters about 190 meters north of the outcropping main showing. The thickest drill intercept in the Albere Zone
---> was 26.7 meters grading 9.0% zinc, 1.2% lead, 21.5 g/t silver and 0.3 g/t gold. A Resource Estimate was calculated fo
--->r the Albere Zone by Giroux Consultants Ltd., based on forty-two drill holes totaling 4,343 meters. The results from a
---> 1997 drilling program comprised most of the data used in the modeling, with much of the core re-assayed in 2008 to co
--->nfirm earlier results. Ordinary kriging was used to interpolate blocks based on mineralization content. 

Based on a 1% Zn cut-off, the Measured plus Indicated Resource within the 3-D mineralized shell totals 802,000 tonnes 
--->grading 4.9% Zn, 13.9 g/t Ag, and 0.2 g/t Au with an additional 702,000 tonnes grading 4.5% Zn, 13.7 g/t Ag and 0.2 g/
--->t Au classed as Inferred. Economic parameters have not been defined by the current resource estimate as to an appropri
--->ate cut-off for various types of mining. Geological information and resource estimates for the Scotia Property have be
--->en drawn exclusively from the Scotia Property Technical Report (2011) by Arne Birkeland, P.Eng. and Gary Giroux, P.Eng
--->. As part of this transaction, Glenmark contemplates filing its own technical report on the Scotia Property. In compli
--->ance with National Instrument 43-101 the Company intends to file a Technical Report containing resource estimates with
--->in 45 days of dissemination of this news release.
 
To expand known mineralization, an airborne AeroTEM Mag/EM survey was conducted by Aeroquest in 2008. The survey ident
--->ified a distinctive anomaly associated with the drilled portion of the Albere Zone, as well as similar additional anom
--->alies on strike, and adjacent to, the Albere Zone. In 2010 a geochemical survey was completed to follow up on the airb
--->orne anomalies and virtually all zones returned geochemically anomalous values. While no "ore grade" showings were fou
--->nd, values of over 1,000 ppm Zn were encountered from "in place" rock chip sampling.

Glenmark can earn a 100% interest by paying in stages CAD$375,000 and completing CAD$750,000 in exploration expenditur
--->es over 36 months. The 100% interest is subject to an underlying 2%NSR, payable to Doublestar Resources Ltd. with an a
--->dditional  one-half%NSR payable to GeoNovus, of which 1% can be purchased by Glenmark for CAD$1,000,000. This transact
--->ion is subject to TSX Venture Exchange approval. 

Regarding the acquisition board member Dr Peter Born commented "This acquisition of the Scotia Deposit is a strategic 
--->investment by Glenmark in the base metal space, where the board believes there is room for tremendous growth and appre
--->ciation. Further, capturing the value of the Scotia Project's mineralization solidifies shareholder value for the near
---> and long term."      

The technical contents of this news release have been prepared under the supervision of Mr. Peter Born, P. Geo. Mr. Bo
--->rn is a Qualified Person as defined in NI 43-101, and has approved this news release.

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.