ImagineAR Inc (IP)

[Sam Dan]

Approval by TSX of Glemmark purchase of GNM Scotia prospect

Also GeoNovus Media Corp (C:GNM) News Release

Mr. Peter Born of Glenmark reports

GLENMARK RECEIVES APPROVAL FOR AMENDED SCOTIA AGREEMENT

On May 20, 2015, the TSX Venture Exchange accepted for filing an amendment to Glenmark Capital Corp.'s original agreement with GeoNovus Media Corp. dated Nov. 11, 2014, to acquire a 100-per-cent interest in the Scotia zinc-silver project, which covers an area of approximately 4,040 hectares in the Skeena mining division, located approximately 40 kilometres southeast of Prince Rupert in west-central British Columbia, Canada.

Under the amended terms, Glenmark has earned a 100-per-cent interest in the Scotia project by issuing one million 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 in January of 2015. The 100-per-cent interest is subject to an underlying 2-per-cent net smelter royalty, payable to Doublestar Resources Ltd., of which 1 per cent can be purchased by Glenmark for $1-million.

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