GNCC Capital Inc (GNCP)

[TheFutureForsure]

GNCP - TIME-OUT!!!!!!!!!! We Have GOLD, We Have SILVER and We Have CBD NOW. I Think We Will Soon Have RARE EARTH METALS thanks to our JV/Possible New Owners of our ASSETS TBA of Course before MARCH 31st 2019.

It has been stated here a dozen times already that there was an AGREEMENT Put in Place back on SEPTEMBER 30th 2015 with the BAUMAN’s and SEARCHLIGHT EXPLORATION and Others that they Hold The CLAIMS and GNCP Maintains payments until one day in the FUTURE they are OFFERED A DEAL.
Then they start the paperwork process and other Conditions with the financial assistance from the INTERESTED PARTY that made this OFFER. They TRANSFER BACK ALL CLAIM and TITLES!!!!!!

Just Like That!!!!!!!!!!!!!

IMHO The FUTURE BUYER of These GNCP ASSETS would have to be Financing all $$$’s necessary to satisfy all the Conditions Listed in the Transferrable Agreement.

This Company Would also have the ability to do their own ADDITIONAL-EXPLORATION, Tests, MINING AND Cleaning of the PAY DIRT thru their HiTech Sluice Boxes!!!!!

This would all have to be stated in an OFFER to BUY ALL OUR GOLD & SILVER CLAIMS.

GNCP Just has to file the written letter within 30 Days to the Current CLAIM HOLDERS such as BAUMAN and others!!!!
All other conditions will be covered by the Acquiring Company IMO!!!!

Pretty Cut and Dry as per the AGREEMENT LISTED below:

Our CLAIMS have been SAFE & SOUND with FRIENDS HOLDING these CLAIMS plus others Since Sept. 30th 2015; While the Plan was Being Put in Motion, IMHO!!!

Bauman and whomever else holding our Claims are all bonded by the Agreement Below. Think of it like this;

GNCP = BAUMAN
BAUMAN = GNCP

Or

GNCP = SEARCHLIGHT
SEARCHLIGHT = GNCP

As per the AGREEMENT BELOW:

READ IT VERY CAREFULLY!!!!!!!!!!

ALL CLAIMS ARE 100% TRANSFERRABLE BACK To GNCP at Anytime!!!!!!!

For instance, if there was an OFFER on the Table for an ASSET SALE or TOTAL BUYOUT!!!!!!!

BOOM BOOM BOOM BOOM!!!!!!!!

“Transfer of Title to Property. If Company so requests, Claimholder shall transfer title to the Property to Company upon fulfillment of all three of the following requirements:”

****************A N D******************

“As soon as practicable upon the termination of this Agreement, Company shall return to Claimholder copies of all title, environmental, metallurgical, geological, geophysical, milling and other data concerning the Property and furnished by Claimholder or previous owners of the Property or their agents or consultants to Company.”

http://www.otcmarkets.com/financialReportViewer?symbol=GNCP&id=145536

4. Right to Terminate.

A. Termination. (1) By the Company. Company may terminate this Agreement at any time at its sole option by giving Claimholder 30 (thirty) days' prior written notice, upon which all rights and obligations of the parties under this Agreement shall cease, except for any limitation of liability, indemnification, and confidentiality provisions set forth herein; provided, however, that: (i) if Company terminates this Agreement after April 1 of any year, Company agrees to pay governmental fees and make all governmental filings necessary to maintain the unpatented mining claims for the assessment year commencing on September 1 next following such notice of termination; and (ii) if Company terminates this Agreement on or before June 30, 2016, Company shall remain obligated to comply with Section 4A. (2) By Claimholder. In the event that: (i) Company shall fail to pay any of its monetary obligations under this Agreement when due and shall not pay same within 14 days following notice thereof by Claimholder; or (ii) Company shall fail to perform any of its nonmonetary obligations under this Agreement and shall not cure its failure within 30 (thirty) days following notice thereof by Claimholder (in each case an “uncured default”), Claimholder may terminate this Agreement upon three days written notice to Company. Termination pursuant to this Section 6.A.(2) shall not excuse Company from any of its obligations which accrued prior to the date of termination, and Claimholder shall retain all of its rights in law or in equity with respect thereto.

8 B. Return of Data.

As soon as practicable upon the termination of this Agreement, Company shall return to Claimholder copies of all title, environmental, metallurgical, geological, geophysical, milling and other data concerning the Property and furnished by Claimholder or previous owners of the Property or their agents or consultants to Company. At such time, Company shall also make available to Claimholder for examination and copying all survey maps, drill hole logs, sample locations and assays developed by Company with respect to the Property during the term of this Agreement and not previously made available to Claimholder and shall transfer custody to Claimholder of all drill cores.

C. Release.

Upon termination of this Agreement, Company will promptly execute and deliver to Claimholder appropriate documents of conveyance releasing and conveying its interest in the Property to Claimholder. D. Surrender of Possession and Removal of Equipment. Upon termination of this Agreement, Company shall surrender possession of the Property, subject to the condition that Company shall have the right at any time within 1 (one) year (or such longer period as Company can demonstrate is reasonably necessary) after such surrender or termination of this Agreement to: (i) complete any reclamation obligations required of Company under this Agreement or by governmental law or regulation; and (ii) remove all of its tools, equipment, machinery, supplies, fixtures, buildings, structures and other property erected or placed on such property by Company, excepting only timber, chutes and ladders in place for underground entry and support. Title to such property not removed within the time period set forth above shall, at the election of Claimholder, pass to Claimholder. Alternatively, at the end of the time period set forth above, Claimholder may remove any such property from the Property and dispose of same in a commercially reasonable manner, all at the expense of Company.

9 5. Transfer of Title to Property.

If Company so requests, Claimholder shall transfer title to the Property to Company upon fulfillment of all three of the following requirements: (a) (b) (c) the completion of a "positive" feasibility study for the Property; the making of an affirmative production decision for the Property by Company’s and any parent corporation’s Boards of Directors; and presentation to Claimholder of evidence satisfactory to Claimholder that Company has obtained the financing necessary to develop and operate the Property. Within 10 days after such notice, Claimholder shall deliver to Company a quitclaim deed in form satisfactory to Company transferring title to a 100% (One hundred percent) interest in the Property, and reserving to Claimholder the net smelter returns royalty (“NSR”), each as set forth in Section 8 below.

8. Claimholder NSR Royalty.

A. Net Smelter Returns Royalty. In addition to Claimholder’s NPI, Claimholder hereby reserves a 4% (Four percent) net smelter returns royalty ("NSR Royalty") for all commodities produced. For purposes of this Agreement, the “net smelter return” is defined as the amount of money which the smelter or refinery, as the case may be, pays the Company for the commodity based on the then current spot price of the commodity, with deductions for costs associated with further processing but without deductions for taxes, calculated on an FOB mine site basis. B. Payable in Kind; Payable Quarterly. Claimholder may elect to receive in kind its NPI or its NSR Royalty (as described below). Both royalties shall be payable quarterly

———————————————————

the parties hereto enter into this Agreement as of the date first above written:

GNCC CAPITAL, INC
/s/
By: ________________________
RONALD YADIN LOWENTHAL EXECUTIVE CHAIRMAN
MOHAVE CONSOLIDATED EXPLORATION, INC.
/s/
By: ________________________
RONALD YADIN LOWENTHAL DIRECTOR
WALKER LANE EXPLORATION, INC.
/s/
By: ________________________
RONALD YADIN LOWENTHAL DIRECTOR
WHITE HILLS GOLD EXPLORATION, INC.
/s/
By: ________________________
RONALD YADIN LOWENTHAL DIRECTOR
16
SEARCHLIGHT EXPLORATION, INC.
/s/
By: ________________________ DULY AUTHORIZED
ANACONDA EXPLORATION, LLC
/s/
By: ________________________
DULY AUTHORIZED
MIDDLE VERDE DEVELOPMENT CO., LLC
/s/
By: ________________________
DULY AUTHORIZED
MCINTYRE & BAUMAN GROUP, LLC
/s/
By: ________________________ DULY AUTHORIZED
FREDERICK C. BAUMAN
/s/
By: ________________________
17

BARBARA M. BAUMAN
/s/
By: ________________________ LA PAZ GOLD MINES, LLC
/s/
By: ________________________ DULY AUTHORIZED
MCINTYRE MINES, LLC
/s/
By: ________________________
DULY AUTHORIZED
UNITED OATMAN GOLD MINES, LLC
/s/
By: ________________________ DULY AUTHORIZED TREASURE KING MINES, LLC
/s/
By: ________________________ DULY AUTHORIZED
MOUNT CRUACHAN MINES, LLC
/s/
By: ________________________ DULY AUTHORIZED
18

BIG JOHN GOLD MINES, LLC
/s/
By: ________________________ DULY AUTHORIZED
MCCRACKEN GOLD, INC.
/s/
By: ________________________ DULY AUTHORIZED
COPPER CLIFF GOLD, INC.
/s/
By: ________________________ DULY AUTHORIZED

GO TEAM GNCP $$$$$$$$$$$$$$$$$$