GNCC CAPITAL, INC. TO PROVIDE CLARIFICATION AND OTHER ANNOUNCEMENTS

Rhea-AI Summary

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.

Positive

• Intention to clarify strategic direction and communicate with shareholders by January 21, 2022.
• Possibility of an Extraordinary General Meeting for direct shareholder engagement.

Negative

• Shareholder confusion indicates a lack of confidence in the company's strategy.
• Uncertainty surrounding forward-looking statements may impact investor sentiment.

LAS VEGAS, Jan. 18, 2022 /PRNewswire/ -- GNCC Capital, Inc. (GNCP.PK) ("The Company" or "GNCP") appreciates the numerous shareholder for requests for further clarification on various matters. We are now aware that a number of shareholders require further information and clarity on a fairly wide range of issues. It appears that a number of shareholders are now fairly confused as to our strategy which has created a lack of confidence amongst some shareholders.

To that end, your Directors are working on a clearly defined process in order to communicate their strategy and planning. We will communicate this to shareholders by no later than Friday, January 21, 2022 and prior to market open. 

We will also be issuing the further details on our proposed planning in respect of the Company's existing Gold & Silver Exploration interests.

It is now very likely that we will now call for an Extraordinary General Meeting Shareholders.

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.

Contact Information:
GNCC CAPITAL, INC.

Telephone: (702) 990-0156

Investor Relations Contact:

E Mail: investor@gncc-capital.com
Twitter: https://twitter.com/gncccapital 

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SOURCE GNCC Capital, Inc.

FAQ

What is GNCP planning to communicate to shareholders?

GNCP plans to clarify its strategy and provide updates on Gold & Silver Exploration interests by January 21, 2022.

Why are shareholders confused about GNCP's strategy?

Shareholders have expressed confusion due to a lack of clear communication regarding the company's strategic direction.

Will there be a meeting for GNCP shareholders?

GNCP is likely to call for an Extraordinary General Meeting to address shareholder concerns.

When will GNCP provide further details on its plans?

GNCP will communicate its plans to shareholders by January 21, 2022, before market open.

What risks are associated with GNCP's forward-looking statements?

GNCP's forward-looking statements are subject to risks and uncertainties that could affect actual results.