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File: GLM - Scotia Amendment Closing NR.pdf

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


        GLEMMARK RECIEVES APPROVAL FOR AMENDED SCOTIA AGREEMENT

May 21, 2015 - Glenmark Capital Corp. (TSX.V: GLM, US OTC: GLRKF and Frankfurt: 17G)
("Glenmark" or the "Company") is pleased to announce that on May 20, 2015, the TSX Venture
Exchange accepted for filing an amendment to its original agreement with GeoNovus Media
Corp. (CSE: GNM) dated November 11, 2014, to acquire a 100% interest in the Scotia Zinc-
Silver Project, which covers an area of ~4,040 hectares in the Skeena Mining Division, located
~40km southeast of Prince Rupert in west central British Columbia, Canada.

Under the amended terms, Glenmark has earned a 100% interest in the Scotia Project by
issuing 1,000,000 common shares, which will be subject to a statutory hold period of four
months plus a day from the date of issuance. The Company made a cash payment of $75,000
to GeoNovus Media Corp. in January of 2015. The 100% interest is subject to an underlying 2%
NSR, payable to Doublestar Resources Ltd. of which 1% can be purchased by Glenmark for
CAD$1,000,000.

Scotia Zinc-Silver Project Summary

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 vertical range of sub-economic to economic
grades of mineralization of 95 meters, and a horizontal range of 205 meters. The high grade
"core" area widened to about 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 for 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 confirm 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 appropriate cut-off
for various types of mining. Geological information and resource estimates for the Scotia
Property have been 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.

To expand known mineralization, an airborne AeroTEM Mag/EM survey was conducted by
Aeroquest in 2008. The survey identified a distinctive anomaly associated with the drilled portion
of the Albere Zone, as well as similar additional anomalies on strike, and adjacent to, the Albere
Zone. In 2010 a geochemical survey was completed to follow up on the airborne anomalies and
 virtually all zones returned geochemically anomalous values. While no "ore grade" showings
were found, values of over 1,000 ppm Zn were encountered from "in place" rock chip sampling.

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

For further information, please contact:

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 this announcemen
--->t, including
statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, a
--->nd are hereby
identified as, "forwardlooking statements". Forwardlooking statements may be identified by words including "anticipate
--->s",
"believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward looki
--->ng
statements, including without limitation those relating to the Company's future operations and business prospects, are
---> subject to
certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forwa
--->rd looking
statements.