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Itronics Obtains GOLD'n GRO Fertilizer Inventory Funding
Strong Growth Being Driven by Environmentally Green Fertilizer Technology
| Source: Itronics Inc.
RENO, NV--(Marketwire - November 3, 2009) - 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.)