To: PROBABILITE who wrote (11480 ) 1/24/2000 12:07:00 PM From: AriKirA Read Replies (2) | Respond to of 77509
Jordex Resources Inc - Jordex to change name to iTech Capital Jordex Resources Inc JDX Shares issued 30,374,357 2000-01-21 close $1.55 Monday Jan 24 2000 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. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)