Global Clean Energy on tract to close PGM Acquisition by early June 2016 FIRST QUARTER UPDATE

With a compelling pipeline of market opportunities presently existing in the United States, the Company is finalizing multiple agreements in prime US markets with major waste plastics and waste tire suppliers to acquire the rights to install pyrolysis systems on their facilities, which allow for the waste plastics and tires to be converted into alternative, low emission fuels such as diesel, and syngas, on their facilities.

Global Clean Energy Inc. Houston Texas

May 3 2016


GCE is still in the process of finalizing an acquisition of a Platinum Group Metals operation. Adjustments in it s acquisition due to pressure on metal prices.

The project will still be totally integrated starting with complete control of the feedstock (spent catalytic converter aggregation), proven technology, smelting and refining the recovered PGM to high value precious metals or high value chemicals. Every aspect of the process will be 100% controlled by GCE. The company is assuring that
upon completion of the acquisition that the subsidiary will provide positive cash flow.

With the acquisition GCE will have complete control of the catalytic converter feedstock guaranteeing required volumes through expanded converter purchasing efforts for the smelting plant as well as acquiring the targets existing revenue into GCE. The target acquisition company has established multiple channels into acquiring spent catalytic converters through multiple buyers representing different parts of the southeast; the buyers will draw from regional aggregators, corporate players as well as local recyclers.






FIRST QUARTER UPDATE:

1. The proposed acquisition is still in progress, and it is the companys hope to have a final announcement by early June.

2. The work on a $40 million Bond issue is moving forward and the company should be through the final due diligence period with quarter 2.

3. The Algae REIT is proceeding and now seeking feedstock pricing from major algae suppliers. Upon getting final figures the prospectus will be completed along with anticipated pricing.

4. The Chinese agreements are awaiting response from our partners, and has gone slowly.

5. As mentioned in the annual report, our updated Form 10 should be filed with the SEC in the second quarter. Likewise, we are awaiting IFRS response on our CTO.


Contact information:
Investors Relations
713-852-7474

http://www.otcmarkets.com/financialReportViewer?symbol=GCEI&id=154029

Featured Product

HPS EnduraCoilTM Cast Resin Medium Voltage Transformer

HPS EnduraCoilTM Cast Resin Medium Voltage Transformer

HPS EnduraCoil is a high-performance cast resin transformer designed for many demanding and diverse applications while minimizing both installation and maintenance costs. Coils are formed with mineral-filled epoxy, reinforced with fiberglass and cast to provide complete void-free resin impregnation throughout the entire insulation system. HPS EnduraCoil complies with the new NRCan 2019 and DOE 2016 efficiency regulations and is approved by both UL and CSA standards. It is also seismic qualified per IBC 2012/ASCE 7-10/CBC 2013. Cast resin transformers are self-extinguishing in the unlikely event of fire, environmentally friendly and offer greater resistance to short circuits. HPS also offers wide range of accessories for transformer protection and monitoring requirements.