GNCC CAPITAL INC - GNCP STOCK NEWS

GNCC Capital, Inc. (GNCP) has announced that its new website is in development and nearing launch, aimed at providing comprehensive information to shareholders. This initiative is intended to counteract misinformation online. Shareholders are advised to disregard any temporary 'live' versions of the site. Additionally, the company addressed concerns regarding its outstanding shares, stating that no shares have been deposited into the DTCC since November 2021. GNCC is returning to physical exploration work related to its 'Silverpeak' Lithium and Uranium transaction, with further details to be available on the new website.

GNCC Capital, Inc. (GNCP) announces significant updates regarding its Lithium transaction, which is now 250% larger than initially reported, affecting both the number of Claims and acreage involved. The delay in closing the transaction is attributed to this substantial amendment. Final agreements with the Seller and Joint Venture Partner are underway, with further details to be disclosed in an upcoming press release. Financing for the transaction has been secured and will be made available immediately, alongside improvements to the corporate website for better shareholder communication.

GNCC Capital, Inc. (GNCP.PK) has announced that it is likely to reveal a significant transaction in the Lithium Sector soon. This transaction marks a strategic shift towards Lithium Exploration. Key points include:

• Financing for the deal has been secured.
• The project encompasses 24 Lode Claims across approximately 460 acres.
• No new shares will be issued; the transaction will be entirely cash-based.
• The Company's President will manage the project with a specialized consulting firm.

Details will be filed on OTC Markets following final agreements.

GNCC Capital, Inc. (GNCP) reassures shareholders regarding their recent press release, emphasizing commitment to transparency. The company will soon file its Q1 Report to remain a PINK CURRENT Issuer and prepare for significant announcements. Recent conversions by Preferred Stockholders have led to 63.51% potential support among voting Common Stock. Directors highlight a possible change of control with major shareholders and caution against quick returns. Additionally, only 33.125% of outstanding Common Stock is deposited with the DTC, with some shares traded at $0.0002.

GNCC Capital, Inc. (GNCP) has announced important strategic decisions aimed at enhancing their Gold & Silver Mining Exploration interests and pursuing Lithium Exploration properties. The Company’s Directors believe updating geological data and increasing claim blocks will be beneficial. They are also determined to eliminate ongoing delays and are actively exploring options for swift resolutions, which may involve significant changes, including potential reconstitution of the Board. Importantly, the Company has ruled out any reverse stock split. Shareholders can expect updates soon, contingent upon third-party cooperation.

GNCC Capital (GNCP) acknowledges shareholder confusion regarding its strategic direction, prompting the board to develop a clearer communication plan. Shareholders can expect updates by January 21, 2022, before market opening. The company will outline its strategy and existing Gold & Silver Exploration interests. Additionally, an Extraordinary General Meeting may be called to address shareholder concerns. The press release contains forward-looking statements, highlighting potential risks and uncertainties related to the company's expectations.

GNCC Capital, Inc. (GNCP.PK) announced an update on its acquisition proposal to enter the Lithium Exploration Sector. The company plans to acquire two lithium claim groups for a total of $3,300,000 in cash. An additional $700,000 is needed for working capital and exploration. Financing discussions are underway with a corporate partner to secure $4,000,000 in funding. The company aims to enhance its market position but has faced increased acquisition costs due to additional claims from the seller. Due diligence is ongoing, and further updates will follow.

GNCC Capital, Inc. has been reinstated as PINK CURRENT on OTC Markets, effective December 30, 2021. This status allows the company to proceed with pending transactions and updates for its shareholders, which the Directors consider a significant advancement for the company and its investors. GNCC holds interests in various Gold and Silver Mining Exploration Claims and is also pursuing Lithium Lode Claims. The company plans to provide further updates to shareholders in the coming week.

GNCC Capital (GNCP) filed its Annual Report and Attorney Letter on December 27, 2021, covering the year ending September 30, 2021. Premier Development & Investment (PDIV) now holds 43% of GNCC's outstanding Voting Common Stock. Additionally, GNCC has eliminated $3.8 million in liabilities before its Q1 ending December 31, 2021, with the Q1 Report expected in January 2022. Premier has significant interests in rare earth mining, oil and gas, and futures trading, which indirectly affect GNCC's mining claims.