Glenmark Appoints Richard Ko Director & Chief Financial Officer

Vancouver, BC / ACCESSWIRE / November 5, 2014 / Glenmark Capital Corp. (TSX.V: GLM and OTC: GLRKF) ("Glenmark" or the "Company") is pleased to announce the appointment of Richard Ko to the board of directors and to the position of Chief Financial Officer. Mr. Ko is a Chartered Accountant (CA) with significant experience in senior management positions. He has served as a director of several other publicly traded Canadian resource companies, including Unity Energy Corp., Athabasca Uranium and Menika Mining Ltd.

Mr. Ko received a Bachelor's of Arts (BA) in Economics from The University of Victoria, BC, in 1974 with a focus on international economics and political science. In 1979 he obtained his CA designation and has since directed his energies on developing opportunities in Canada and Asia, particularly in Hong Kong. He is fluent in English, Cantonese and Mandarin, and his specific mandate with Glenmark will be to source joint venture and funding opportunities in China, Korea and Japan.

Regarding his appointment, Mr. Ko commented, "It is arguable that China has the largest and most robust economy in the world and that its explosive growth since 2008 has been the primary driver for economic recovery in the West. Over the last decade, Korea, Japan and China have all made notable forays into North American markets in an attempt to secure natural resources, often at preproduction stages. I look forward to bringing Glenmark opportunities to Asia."

This appointment follows the resignation of Mr. Keir Reynolds as a director and CFO of the Company. The board of directors and management of Glenmark would like to extend their sincere thanks to Keir for his diligent service over the past two and a half years and wish him every success in future endeavors.

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 this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking 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 forward-looking statements.

SOURCE: Glenmark Capital Corp.