GNCC Capital, Inc. Statement On Operations

Potential Transactions unrelated to Mining Exploration:-

The Company's Management has been in discussions for many months on the acquisition of cash generating, established and sound businesses in order to generate revenues, profits and operating cash flow. These businesses would have to be acquired for cash. To that end, the Company's Directors are in discussions with financiers, consultants in various areas and with vendors.

It is now extremely likely that the Company will commence with these acquisitions in a relatively short period of time, which if successful, could have a very material effect upon the Company. Should certain of these proposed transactions now at an advanced stage of consideration, be implemented and consummated, the Company will be utilizing significant sums of cash; this will, without question:-

Result in a number of significant changes to the Company, its Management and to its perception within the investment community.

This is considered to be of paramount importance given the weak stock price, a "no bid" in the market and its non-performance in 2015, a situation which has become wholly unacceptable.

The Company's Directors confirm that they renewed the Stock Repurchase Program as filed as the OTC Markets Disclosure Service on September 24, 2015. The Company's fiscal year end is September 30, 2015 and the Directors will ensure the publication of the Company's Annual Report in October of 2015 to ensure no delays in the implementation of this Stock Repurchase Program.

The Company's Directors will update stockholders as transactions are consummated.

About GNCC Capital, Inc.:

GNCC Capital, Inc. is intending to become a Diversified Holding Company which at present has significant assets in Gold & Silver Mining Exploration in Arizona and Nevada. 

The Company holds additional investments including a 70% interest in ASPA Gold Corp.

The Company intends to continue to diversify into other Industry Sectors through acquisitions and as they present themselves; only upon our stated criteria. The Company is a Current Information Filer on the OTC Markets.

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.

Ronald Y Lowenthal
Executive Chairman
Telephone: (702) 951-9793
E Mail: corporate@gncc-capital.com

Investor Relations Contact:
E Mail: investor@gncc-capital.com 
Web Site: www.gncc-capital.com 
Twitter: 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]

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SOURCE GNCC Capital, Inc.