Itronics Names William Forkner Director Finance & Acquisitions
September 09 2009 - 10:20AM
Marketwired
Itronics Inc. (PINKSHEETS: ITRO) (FRANKFURT: ITG) (BERLIN: ITG) is
pleased to announce that William A. Forkner has joined its
management team as Director Finance & Acquisitions. Mr. Forkner
comes to Itronics with more than 35 years of experience in a
variety of sales, marketing, finance, and executive leadership
positions with particular expertise in company finance and
acquisitions.
Mr. Forkner began his career as a stockbroker for Belford
Hammerbeck, a western regional brokerage/financial firm. Later, as
one of the owners, Mr. Forkner built up the brokerage firm to
become one of the largest on the West Coast before it was sold to
AG Edwards. He then served as regional manager for London-Zurich
from 1986-1991 where he raised capital while participating in
numerous IPOs. In 1992, Mr. Forkner formed his own investment
banking firm, Granite Bay Financial Group. The firm successfully
raised start up capital and completed mergers from $1 million to
$50 million for various companies throughout the United States.
Over the last 12 years Mr. Forkner gained a particular expertise in
locating, qualifying and acquiring companies for clients pursuing
consolidation within their particular industry. Mr. Forkner holds a
B.Sc. in Psycology and Economics from the University of California,
Chico.
"We are extremely pleased to have Bill join the Itronics
management team at this time," said Dr. John Whitney, Itronics
President. "With the expanding growth of Itronics through its
subsidiary Itronics Metallurgical, which is the inventor and
operator of award winning recycling technology that converts spent
photographic liquids into pure silver and GOLD'n GRO fertilizers,
and with the recent announcement that its wholly owned subsidiary,
Whitney & Whitney, is assisting with the launch of Auric Gold
& Minerals, an affiliated mining company, it is a great benefit
to Itronics to have a senior staff member with Bill's background
and experience."
"Itronics plans to accelerate its business expansion by seeking
'strategic' acquisitions that will strengthen its demonstrated
environmental and mining clean technology, expand sales, and
increase assets. Doing this will speed the transformation of
Itronics to an 'environmentally green' natural resource growth
company," Dr. Whitney said.
Commercialization of Itronics recycling technology has created a
"Green Consumer Option" for photo and X-ray processors and "Green
fertilizers" for horticulture and agriculture. The Company is
expanding its scope to increase shareholder asset value by
facilitating the implementation of environmentally compatible
mining companies/projects in which its subsidiary, Whitney &
Whitney, will hold meaningful equity interests to provide Itronics
ownership of "hard" in the ground mineral assets including the
precious metals gold and silver, which are rapidly rising in
value.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative
Clean Technology" company. Itronics, through its subsidiary,
Itronics Metallurgical, Inc., is the only company with a fully
permitted "Beneficial Use Photochemical, Silver, and Water
Recycling" plant in the United States that converts used
photoliquids into pure silver and GOLD'n GRO liquid fertilizers.
The Company is developing environmentally compatible mining
technology, provides project planning and technical services to the
gold mining industry, and operates the popular InsideMetals.com web
site, http://www.insidemetals.com, which provides a value-added
WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior
Gold Stocks, and Junior Mineral Stocks.
Itronics has received numerous domestic and international awards
that recognize its ability to successfully create and implement new
environmentally clean recycling and fertilizer technologies. The
Company's environmentally friendly GOLD'n GRO liquid fertilizers,
which are extensively used in agriculture, can be used for lawns
and houseplants, and are available, along with liquid fertilizer
injectors, at the Company's "e-store" catalog at
http://goldngro.com. The popular Silver Nevada Miner bars are
available at the Company's "e-store" catalog at
http://www.itromet.com. GOLD'n GRO Guardian Deer Repellent may be
ordered by phone at 1-800-368-1865 by residents of states in which
it is registered.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains or may contain
forward-looking statements such as statements regarding the
Company's growth and profitability, growth strategy, liquidity and
access to public markets, operating expense reduction, and trends
in the industry in which the Company operates. The forward-looking
statements contained in this press release are also subject to
other risks and uncertainties, including those more fully described
in the Company's filings with the Securities and Exchange
Commission. The Company assumes no obligation to update these
forward-looking statements to reflect actual results, changes in
risks, uncertainties or assumptions underlying or affecting such
statements, or for prospective events that may have a retroactive
effect.)
Contact: Paul Knopick 888-795-6336
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