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Release Archives: 06/30/2010
Itronics
to Trade Under Transition Symbol ITROD for 20 Days
-Itronics
is an expanding “green” natural resources company-
RENO,
Nevada, June 30, 2010 -- Itronics Inc. (OTC: ITROD) reported today
that upon the effective date of its 1 for 1000 share consolidation
on June 29, 2010, a transitional symbol “ITROD” was
assigned by the Financial Industry Regulatory Authority (FINRA)
and will be applicable for 20 days, or until July 29, when it will
revert to back ITRO. This is standard procedure for FINRA.
The
Company consolidated its shares as part of its restructuring plan
to improve its balance sheet. Itronics is confident the higher price
per share will make its stock more liquid in the current market
atmosphere that significantly penalizes sub-penny stocks. We believe
the step we took will subsequently benefit existing shareholders,
help attract new investors, and improve the company’s ability
to obtain equity financing. The post split shares opened at $1.90
per share, removing them from the sub-penny category with its related
restrictions on share purchases by the investing public.
Itronics
is entering a new phase of development having announced the planned
expansion of its silver refinery by installing revolutionary technology
that will provide a new source of fertilizer raw materials and expand
silver refinery capacity up to 10 times. The company has also recently
announced that its new mining subsidiary, Auric Gold & Minerals,
Inc. is acquiring a poly-metallic gold property by staking lode
mining claims on Federal land in northern Nevada. These two projects
are expected to expand both the Company’s operations and its
asset base and to substantially increase its value to investors.
Itronics said it is committed to providing frequent updates on these
and other accomplishments.
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
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