/C O R R E C T I O N FROM SOURCE - GL Energy & Explorations, Inc./ In VA048 transmitted at 09:00e today, errors occurred in the amounts reported in the summary of annual gold revenues in the last paragraph of the release. Corrected copy follows: VANCOUVER, Feb. 26 /PRNewswire-FirstCall/ -- GL Energy & Exploration Inc.(GEEX) is pleased to provide an update projection on the potential annual revenues. The projection is based on current prices for Gold and other metals rather than our original conservative pricing used in our business model. Example - originally Gold was priced at $300.00 per/oz, the new model is at $404.00 The model shown is for 100% equity for the properties, GL Energy & Exploration, Inc. owns60% of the total equity. The company has shown three examples, the La Barca property with a pilot plant, and both the La Barca and Duna Choapa properties with full production plants. La Barca La Barca DunaChoapa Pilot Full Plant Full Plant Tonnes/Day 1,200 7,200 7,200 Gold Grade - grams/ton 0.25 0.25 0.27 Recovery % 60% 60% 60% Produced Oz./Day 5.796 34.776 37.55808 Rutile Grade % 2.05% 2.05% 1.63% Recovery % 75% 75% 75% Produced Tonnes/Day 18.45 110.70 87.75 Zircon Grade % 1.32% 1.32% 0.11% Recovery % 75% 75% 75% Produced Tonnes/Day 11.88 71.28 5.89 Magnetite Grade % 9.71% 9.71% 10.70% Recovery % 75% 75% 75% Produced Tonnes/Day 87.39 524.34 577.80 Limenite Grade % 0.29% 0.29% 0.00% Recovery % 75% 75% - - - - Produced Tonnes/Day 2.61 15.66 - - - - Gold Price/Oz $ 404.00 Rutile Price/Ton $ 2000.00 Zircon Price/Ton $ 545.00 Magnetite Price/Ton $ 35.00 Limenite Price/Ton $ 83.00 Annual Revenues Gold $ 15,140,762.00 $ 24,109,634.00 $ 24,109,634.00 Rutile $ 13,468,500.00 $ 80,811,000.00 $ 64,057,500.00 Zircon $ 2,363,229.00 $ 14,179,374.00 $ 1,170,873.00 Magnetite $ 1,116,407.00 $ 6,698,444.00 $ 7,381,395.00 Limenite $79,070.00 $ 474,420.00 - - - - - - Certain of these statements contained in the press release may be deemed forward-looking statements, and factors that could actual results to differ materially from these statements and matter are risksthat other factor detailed from time to time, in the Company's reports with Securities and Exchanges Commissions, including, but not limited to, the Company's Annual Report on Form 10-K and its Quarterly Form 10-Q. DATASOURCE: GL Energy and Exploration, Inc. CONTACT: Ray Johnson, 1-866-639-3900

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