Itronics Obtains GOLD'n GRO Fertilizer Inventory Funding
November 03 2009 - 10:10AM
Marketwired
Itronics Inc. (PINKSHEETS: ITRO) (FRANKFURT: ITG) (BERLIN: ITG)
reported today that its subsidiary, Itronics Metallurgical, Inc.,
has obtained funding needed to expand fertilizer ingredient
inventories during the 2009 fall fertilizer season.
In a press release issued October 27, 2009, Itronics
Metallurgical, Inc. reported that October GOLD'n GRO fertilizer
orders now exceed total sales in the fourth quarter 2008 by 33
percent. Today Itronics Metallurgical is announcing that it has
obtained a short term loan to fund the purchase of fertilizer
ingredients needed to fill the sharp increase in orders.
"Receipt of funding to purchase raw material ingredients makes
it possible to shorten the time between receipt of order and
delivery of the finished GOLD'n GRO fertilizers," said Dr. John
Whitney, President. "This year the fall season is very short, but
is expected to continue into mid December in California, which has
had some rain recently. This funding is excellent news for the
Company and its investors."
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative
Clean Technology" Company that produces GOLD'n GRO liquid
fertilizers and pure silver bullion. 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 spent
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.
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
Itronics (CE) (USOTC:ITRO)
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