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Premier Development & Investment (OTC: PDIV) confirmed material expansions to its Nevada lithium and uranium exploration portfolio, adding Hombre (480 acres + 840 staked) and Stonewall Flat (1,245 acres) to existing Silverpeak (1,300 acres), bringing total Nevada acreage to roughly 3,800 acres. Premier says all exploration properties are now 100% owned and controlled directly.
The company reports holders sold $2M PIK notes and $6M convertible loan notes to an investment group; both will convert to interest-free, unsecured long-term liabilities. Premier plans to raise about $5M in cash in Q1 2026 and will outsource exploration to a Nevada geological firm. Premier also plans to increase its GNCC stake from 31% to 49% in December 2025.
GNCC Capital, Inc. (GNCP.PK) announced important developments in a press release dated September 3, 2021. The Company plans to file an amended Q3 Report this weekend, aiming to regain PINK CURRENT status. Key highlights include decisions on gold and silver exploration properties and intentions to pursue fundraising for lithium interests and an operating business to generate revenue. Furthermore, Premier Development & Investment, Inc. (PDIV) will increase its stake in GNCP to approximately 45%. The Company is also seeking to reconstitute its Board of Directors by year-end 2021.
GNCC Capital, Inc. (GNCP.PK) has assured shareholders that it will never implement a reverse split of its common stock, as they consider it harmful to shareholder interests. Additionally, the company has appointed a professional corporate public relations firm to enhance communication strategies and manage their upcoming corporate website. The directors also acknowledge their role with Premier Development & Investment, Inc. (PDIV.PK), which holds a significant stake in GNCC, emphasizing their commitment to protect shareholder interests.