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Press Release
Archives: 06/28/2010
Itronics
Announces
Reverse Split of Common Stock
RENO, Nevada, June 28, 2010 – Itronics
Inc. (OTC: ITRO; Frankfurt and Berlin Stock Exchanges: 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
***More***
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.)
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