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Press Release
Archives: 09/09/2009
Itronics
Names
William Forkner Director Finance & Acquisitions
Itronics, an Emerging "Green" Natural
Resources Company, Adds Expert on Acquisitions, Finance
On Wednesday September 9, 2009, 10:20 am EDT
RENO, NV--(Marketwire - 09/09/09) - Itronics
Inc. (Pinksheets:ITRO - News) (Frankfurt:ITG - News) (Berlin:ITG
- News) 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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