GNCC Capital, Inc. – Update to Stockholders
November 14 2013 - 3:22PM
Business Wire
GNCC Capital, Inc. (OTC:GNCP) provides certain key updates to
its stockholders.
The Company’s Management has taken note of the numerous
stockholder requests for regular updates through Press Releases on
its operations and undertakes to do so going forward and on a very
regular basis. We thank those stockholders who took the time and
the effort to reach out to us on this issue.
In order to further improve its stockholder communications, the
Company has retained a design firm to immediately update and
improve its corporate web site over the next week and to work
closely with a Social Media firm to dramatically improve our
stockholder communications as well the image and profile of the
Company in the investment community.
The Company has been besieged with requests as to whether or not
a Reverse Split of the Company’s Common Stock is being
contemplated. Company Management hereby undertakes to its
stockholders that no Reverse Split of the Common Stock is under
consideration nor would such an action be considered to be in the
interests of our stockholders. Any rumors to the contrary, are
false and misleading.
The Company’s Management will be updating its stockholders next
week on its current planning for its “White Hills” Gold Exploration
Property in Arizona as well as further updates on the additional
Exploration Properties in the Company’s Portfolio.
The Company’s strategy remains that of working to generate
revenue streams from the Joint Venture Agreements on its
Properties, the proceeds to be deployed in the acceleration of
exploration for other potentially viable Gold Properties in its
portfolio, thereby leading to further Joint Venture Agreements, and
cash flow. The Company will also expend funds on further
development on certain of its properties with a view to a sale of
advanced stage exploration properties.
The Company does not require any additional funding in this
fiscal year in order to achieve their stated objectives. The
Company’s management has secured the requisite funding to meet its
stated objectives for this fiscal year.
The Company’s Management is working to monetize its existing
assets and would still seek to acquire additional assets, should
they be of a strategic and economic fit; in order to secure
sustainable revenue streams for the Company.
About GNCC Capital, Inc.:
GNCC Capital, Inc. is primarily a Gold Exploration Company, with
a secondary focus on Silver Exploration. The initial exploration
properties are located in Arizona and consist of “White Hills,
Esther Basin, Burnt Well, Clara, Kit Carson, Silverfields and Potts
Mountain". The Company intends to create significant value for its
initial portfolio of properties through continued exploration,
joint ventures, and through the acquisition of additional Gold and
Silver Exploration assets. GNCC Capital, Inc. is a current
information filer on the OTC Markets under the symbol “GNCP”.
Forward-Looking Statements
This press release may contain forward-looking statements. The
words "believe," "expect," "should," "intend," "estimate,"
"projects," variations of such words and similar expressions
identify forward-looking statements, but their absence does not
mean that a statement is not a forward-looking statement. These
forward-looking statements are based upon the Company's current
expectations and are subject to a number of risks, uncertainties
and assumptions. The Company undertakes no obligation to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Among the important factors that could
cause actual results to differ significantly from those expressed
or implied by such forward-looking statements are risks that are
detailed in the Company's filings, which are on file with the OTC
Markets Group.
GNCC CAPITAL, INC.N.E. “Ted” Blom, 702-942-3347President
& CEOcorporate@gncc-capital.comorInvestor Relations:E Mail:
ir@gncc-capital.comWeb Site: www.gncc-capital.comTwitter:
https://twitter.com/GNCCCapital[We would be very appreciative if
all investor questions be directed to this E mail address and not
to our telephone voicemail until such time as we have appointed a
dedicated Investors Relations Firm whom will deal with all
telephonic enquiries]
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