Itronics Announces Reverse Split of Common Stock
June 28 2010 - 3:41PM
Marketwired
Itronics (PINKSHEETS: ITRO) (FRANKFURT: ITG) (BERLIN: ITG)
announced today that its Board of Directors approved a 1 for 1000
reverse split of its outstanding common stock. The reverse split
will be effective at open of business on June 29, 2010.
Fractional shares will be rounded-up to whole shares. It will
not be necessary for shareholders to exchange existing stock
certificates for new, post-split certificates. Existing
certificates will represent the 1,000 to 1 post-split shares.
However new certificates may be obtained from the Company's
transfer agent, Securities Transfer Corporation, for a fee of
$30.00.
Securities Transfer Corporation may be contacted at 2591 Dallas
Parkway, Suite 202, Frisco, TX 75034; phone (469) 633-0101 or fax
(469) 633-0088.
Prior to the split, there were approximately 3,186,845,941
common shares outstanding. After the split, there will be
approximately 3,186,846 common shares outstanding.
About Itronics
Headquartered in Reno, Nevada, Itronics is a Cleantech Specialty
Fertilizer and Silver Company that produces the Award Winning
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
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