ReMac Zinc Corp. TSX VENTURE: RMZ

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2008) - ReMac Zinc Corp. ("ReMac") (TSX VENTURE:RMZ) announces that it is proposing that its Board of Directors be given the authority at its upcoming Special Meeting on Thursday, November 20, 2008 (the "Meeting") to effect a consolidation of its shares.

The Company's shareholders will be asked to approve a share consolidation on the basis of up to seven (7) old common shares of the Company for one (1) new common share of the Company. Such a share consolidation would reduce the number of outstanding shares and the holdings of each shareholder on an up to 7 to 1 basis. The 24,596,155 shares of the Company that are currently outstanding would be reduced to approximately 3,513,736 shares. The share consolidation is subject to shareholder approval and TSX Venture Exchange acceptance.

In the opinion of the Company's management, the consolidation is necessary as the current share structure of the Company will make it more difficult or impossible for the Company to attract the additional equity financing required to maintain the Company or to allow for the acquisition of new projects of merit. No fractional shares will be issued. Any fractions of a share will be rounded down to the nearest whole number of common shares. Implementation of the share consolidation does not have an effect on the actual or intrinsic value of the business 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.