NEW YORK--(BUSINESS WIRE)--GNCC Capital, Inc. (OTC: GNCP) undertook in a press release dated December 10, 2013, to publish the resumes and scope of work covered by our two Geologists and we will be publishing a report detailing the Assay Results for “White Hills”.
These will all be published either over this weekend or on Monday December 16, 2013, prior to market open.
The delay was caused by the need to have the reports reviewed by both of the Company’s Geologists, they are only in a position to complete by this weekend.
The Company is reviewing the current stock trading and is in discussions with its Loan Note Holders. The Company’s Management can confirm that this is a top priority and is based upon market activity of late and from numerous e mails from our stockholders. The Company’s Management realizes that this situation needs to be addressed as a matter of urgency. It is hoped that we will be able to announce our intentions to rectify the misconceptions; and to provide an solution on Monday December 16, 2013; failing which, no longer than a day or two thereafter.
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”.
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.