GNCC Capital, Inc. Files Third Quarter Results
New York, NY –September 17, 2012 - GNCC Capital, Inc. (PINKSHEETS: GNCP) (“the Company”) has filed the Company’s results for the Third Quarter ended June 30, 2012. The Attorney’s Letter remains to be filed with the OTC Markets Group, to restore the Company’s “Current Information” status.
The Company recorded a loss of $464,935 ($0.0023 per share) in the third quarter ended June 30, 2012 with a loss for the nine months ended June 30, 2012 of $1,030,665 ($0.0051 per share).
The Company’s Management had expected to record losses in the third quarter ending June 30, 2012 that were substantially higher. These losses are normal, expected and are within our stated business model for this fiscal year whilst we remain an Exploration Stage 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 "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" and 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 MarketsGroup.
Contact Information:
GNCC CAPITAL, INC.
N.E. “Ted” Blom – President & CEOTelephone: (954) 357-0740
E Mail: corporate@gncc-capital.com Investor Relations Contact:E Mail: ir@gncc-capital.com[We would be very appreciative if all investor questions be directed to this E mail address and not to our telephone voice mail until such time as we have appointed a dedicated Investors Relations Firm whom will deal with all telephonic enquiries]