ReMac Zinc Corp.
TSX VENTURE : RMZ

ReMac Zinc Corp.

November 25, 2008 16:00 ET

ReMac Zinc Corp. Proceeds With Share Consolidation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 25, 2008) - ReMac Zinc Corp. (TSX VENTURE:RMZ) (the "Company") announces that effective as of the opening of trading on the TSX Venture Exchange (the "Exchange") on Wednesday, November 26, 2008, the Company will consolidate its common share capital on the basis of one post-consolidation common share for every seven pre-consolidation common shares held, and start trading on the Exchange on the post-consolidated basis. The Company's name and trading symbol will remain the same.

The share consolidation was approved by shareholders at the Company's Special Meeting held on Thursday, November 20, 2008. Prior to the consolidation, the Company had 24,596,155 common shares outstanding, and the Company will have approximately 3,513,736 common shares outstanding post-consolidation. The consolidation has been accepted by the TSX Venture Exchange.

Letters of transmittal with respect to the consolidation will be mailed out to all registered shareholders on or before November 28, 2008. All registered shareholders of the Company will be required to send their certificates representing pre-consolidation common shares with a properly executed letter of transmittal to the Company's transfer agent, CIBC Mellon Trust in Vancouver, British Columbia ("CIBC Mellon") (Shareholder Services 1-800-387-0825 or inquiries@cibcmellon.com) in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through CIBC Mellon. All shareholders who duly complete letters of transmittal and submit their pre-consolidation common share certificates to CIBC Mellon will receive post-consolidation common share certificates. No certificates representing fractional post-consolidation common shares will be issued pursuant to the consolidation. Any fractional share comprising: (i) less than one-half of one share will be deemed to have been tendered by the registered owner to the Company by way of gift and for cancellation, and will be returned to the authorized but unissued share structure of the Company; and (ii) greater than or equal to one-half of one share will be converted into one whole share of the Company.

ON BEHALF OF THE BOARD

J. Stephen Barley, President

The forward-looking information contained in this press release is made as of the date of this press release and, except as required by applicable law, ReMac does not undertake any obligation to update publicly or to revise any of the included forward-looking information, whether as a result of new information, future events or otherwise. By its very nature, such forward-looking information requires ReMac to make assumptions that may not materialize or that may not be accurate. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such information.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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