Name Change is Out!
Mr. Brian Hinchcliffe reports
Jordex Resources is changing its name to iTech Capital Corp. Brian
Hinchcliffe, chairman of Jordex, stated: "The iTech Capital name reflects
the transformation that has taken place in the company over the past year
from a company with its roots in the mining industry to a company that is
committed to building shareholder value by participating in the Internet
B2B and telecommunications sectors." He further stated: "As we enter this
technology driven new era economy, iTech's goal is to wisely deploy its
assets for the benefit of its shareholders. iTech, through its experience,
expertise and strong relationships, is well positioned to identify, invest
in and assist in the development of emerging technology companies. While
opportunities abound, we believe the real key to building significant
shareholder value is being selective and funding only those companies that
have strong management teams, a persuasive business model and reasonable
valuations. In addition, we expect only to fund those companies that have
the potential to emerge as significant and dominant players in their
business sector. To date we are confident we have made such investments."
The name change of Jordex to iTech Capital Corp., along with a new trading
symbol, is subject to shareholder approval. A circular announcing the
details of a special meeting of shareholders to be held March 10, 2000,
will be mailed to shareholders by Feb. 7.
Effective Friday, Jan. 21, 2000, the category of the company has been
reclassified by the Toronto Stock Exchange from mining to industrial. |
