Goldmarca Limited

Goldmarca Limited

November 16, 2006 13:49 ET

Goldmarca Limited Issues Options to Pro-Edge Consultants Inc.

PANAMA CITY, REPUBLIC OF PANAMA--(CCNMatthews - Nov. 16, 2006) - Goldmarca Limited ("Goldmarca") (TSX VENTURE:GML)(PINK SHEETS:GMLCF)(FWB:GDQ)(BERLIN:GDQ) an international mining company, is pleased to announce the pricing of options granted to Pro-edge Consultants Inc. ("Pro-edge") as its investor relations service provider.

Pro-edge, a Toronto-based IR firm that represents public companies in the natural resource, energy, technology and entertainment sectors; will receive $7,500 a month during the initial 12 month term of its service agreement. Pursuant to the commencement of the engagement of Pro-edge by Goldmarca, Goldmarca has issued 1,000,000 options to Pro-edge in accordance with the Goldmarca's share incentive plan. The options, each of which is exercisable to acquire one common share of Goldmarca at $0.75, expire on November 13, 2008. The options, which are subject to approval by the TSX Venture Exchange, will vest over a 12 month period, with one-quarter of the options vesting at the end of each three month period. Tracy Weslosky and Fred Cowans, Managing Partners of Pro-edge, have advised that at this time neither owns any securities of Goldmarca.

On behalf of the Board of Directors,

Robin Slaughter, President and Chief Executive Officer

ABOUT GOLDMARCA: Goldmarca Limited (TSX VENTURE:GML) is an international mining company that is engaged in adding value to gold and base metal projects with a primary focus on assets in South America and Australia. By applying unique technology and expertise, Goldmarca is focused on delivering a low-cost option to develop resource projects that can provide a one-year payback of all capital costs. Goldmarca is also listed on the Frankfurt and Berlin exchanges under the symbol "GDQ". For more information, please visit

ABOUT PRO-EDGE CONSULTANTS INC.: Pro-edge Consultants Inc. ( is an international investor & media relation service solution provider that has a management team with over 75 years of experience in the Energy Generation, Natural Resources, Technology and Entertainment industry sectors. Backed by 6 full-time employees, pro-edge is based in downtown Toronto and has a Calgary office. Pro-edge utilizes over a dozen support consultants and analysts based in NYC, Houston & London that help achieve and create unique access to the international investment community.

Safe Harbor Statement: Statements contained in this release that are not historical facts are forward-looking statements which involve risk and uncertainties, which could cause actual results to differ materially from those, expressed in forward-looking statements including the following: changes in economic or environmental conditions and the Company's ability to execute its business model and strategic plans. The Company relies on litigation protection for forward-looking statements.

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

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