GNCC Capital, Inc. – Retirement of Certain Long Term Debt and Partial Convertible Loan Note Conversions
March 07 2014 - 2:50PM
Business Wire
GNCC Capital, Inc. (OTC:GNCP) has today filed a Supplemental
Information Filing and in respect of the partial conversion of
certain Long Term Convertible Loan Notes.
This is expected to reduce interest bearing long term
liabilities by an amount of not less than $1,500,000 subject to a
number of terms and conditions as set out in this filing. These
were structured to protect both stockholders and our Long Term
Convertible Note Holders.
The Company remains committed to the reduction of its interest
bearing long term liabilities and at the best price per share of
common stock, as is possible.
A Link to the Filing:
http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=117075
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 – President &
CEOTelephone: 702-951-9793E Mail:
corporate@gncc-capital.comorInvestor Relations:E Mail:
investor@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]
GNCC Capital (CE) (USOTC:GNCP)
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