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I-ON Digital Corp. Announces Departure of Director Stephen C. Aust from Board to Pursue Philanthropy and Family Commitments

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I-ON Digital Corp. (OTCQB:IONI), a developer of gold digitization and real-world asset tokenization technologies, announced that Director Stephen C. Aust has resigned from the Board, effective immediately. Aust's departure is driven by his decision to focus on personal commitments, including philanthropic work, church involvement, and supporting his wife's health matters.

While stepping down from formal Board duties, Aust will continue serving as a third-party advisor and strategic consultant for special projects. Carlos X. Montoya, Chairman and CEO, expressed gratitude for Aust's contributions during the company's transformational period.

I-ON Digital Corp. (OTCQB:IONI), sviluppatore di tecnologie per la digitalizzazione dell'oro e la tokenizzazione di asset reali, ha annunciato che il Direttore Stephen C. Aust si è dimesso dal Consiglio di Amministrazione, con effetto immediato. La decisione di Aust deriva dalla volontà di concentrarsi su impegni personali, tra cui attività filantropiche, partecipazione alla chiesa e il supporto alla salute della moglie.

Pur lasciando le funzioni formali nel Consiglio, Aust continuerà a svolgere il ruolo di consulente esterno e strategico per progetti speciali. Carlos X. Montoya, Presidente e CEO, ha espresso gratitudine per i contributi di Aust durante il periodo di trasformazione dell'azienda.

I-ON Digital Corp. (OTCQB:IONI), desarrollador de tecnologías para la digitalización del oro y la tokenización de activos reales, anunció que el Director Stephen C. Aust ha renunciado al Consejo, con efecto inmediato. La salida de Aust se debe a su decisión de enfocarse en compromisos personales, incluyendo trabajo filantrópico, participación en la iglesia y apoyo a la salud de su esposa.

Aunque deja sus funciones formales en el Consejo, Aust continuará como asesor externo y consultor estratégico para proyectos especiales. Carlos X. Montoya, Presidente y CEO, expresó su agradecimiento por las contribuciones de Aust durante el periodo de transformación de la empresa.

I-ON Digital Corp. (OTCQB:IONI)는 금 디지털화 및 실물 자산 토큰화 기술 개발업체로서, 이사 스티븐 C. 오스트가 즉시 효력을 발휘하여 이사회에서 사임했다고 발표했습니다. 오스트의 사임은 개인적인 약속, 자선 활동, 교회 참여 및 아내의 건강 문제 지원에 집중하기 위한 결정입니다.

공식적인 이사회 직무에서 물러나지만, 오스트는 제3자 고문 및 특별 프로젝트 전략 컨설턴트로 계속 활동할 예정입니다. 카를로스 X. 몬토야 회장 겸 CEO는 회사의 변혁기 동안 오스트의 기여에 감사를 표했습니다.

I-ON Digital Corp. (OTCQB:IONI), développeur de technologies de numérisation de l'or et de tokenisation d'actifs réels, a annoncé que le directeur Stephen C. Aust a démissionné du conseil d'administration, avec effet immédiat. Le départ d'Aust est motivé par sa volonté de se consacrer à des engagements personnels, notamment des activités philanthropiques, son implication dans l'église et le soutien à la santé de son épouse.

Bien qu'il quitte ses fonctions formelles au conseil, Aust continuera d'agir en tant que conseiller externe et consultant stratégique pour des projets spéciaux. Carlos X. Montoya, président et CEO, a exprimé sa gratitude pour les contributions d'Aust durant la période de transformation de l'entreprise.

I-ON Digital Corp. (OTCQB:IONI), ein Entwickler von Technologien zur Digitalisierung von Gold und Tokenisierung realer Vermögenswerte, gab bekannt, dass Direktor Stephen C. Aust mit sofortiger Wirkung aus dem Vorstand ausgeschieden ist. Austs Rücktritt ist auf seine Entscheidung zurückzuführen, sich auf persönliche Verpflichtungen zu konzentrieren, darunter philanthropische Arbeit, kirchliches Engagement und die Unterstützung der Gesundheit seiner Frau.

Obwohl er seine formellen Vorstandsaufgaben niederlegt, wird Aust weiterhin als externer Berater und strategischer Consultant für Sonderprojekte tätig sein. Carlos X. Montoya, Vorsitzender und CEO, dankte Aust für seinen Beitrag während der Transformationsphase des Unternehmens.

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CHICAGO, IL / ACCESS Newswire / May 2, 2025 / I-ON Digital Corp. (OTCQB:IONI), a pioneering developer of gold digitization and real-world asset (RWA) tokenization technologies, today announced that Stephen C. Aust has stepped down from the company's Board of Directors, effective immediately.

Mr. Aust's departure comes as he chooses to refocus his time and energy on a number of meaningful personal endeavors, including philanthropic initiatives, deeper involvement with his church, and most importantly, supporting his wife as she navigates ongoing health matters.

"Stephen has played an important role during a transformational period for I-ON," said Carlos X. Montoya, Chairman and CEO of I-ON Digital Corp. "We are deeply grateful for his guidance and commitment to our vision. While we will miss his presence on the Board, we fully support his decision to prioritize faith, family, and giving back."

Mr. Aust will continue to serve as a third-party advisor to the Board and remain available as a strategic consultant on special projects and select business matters. His insights and experience will remain a valued asset to the company as it continues to advance its mission of bringing transparency, security, and accessibility to digital gold and RWA markets.

"I'm proud of what we've accomplished at I-ON and confident in the direction the company is headed," said Aust. "This is simply the right time for me to step away from formal responsibilities and be present for the people and causes that matter most to me. I look forward to staying connected in a supporting role and cheering the team on from a different vantage point."

I-ON Digital Corp. extends its sincere appreciation to Mr. Aust for his years of service and looks forward to his continued contributions in an advisory capacity.

About I-ON Digital Corp:

I-ON Digital Corp. is a pioneer in the digitization of real-world assets (RWA) and blockchain-driven tokenization technologies. The company's flagship initiative, the ION.au digital security, is revolutionizing gold asset digitization, enabling secure, transparent, and efficient access to in-situ gold reserves. By integrating advanced blockchain solutions, I-ON Digital empowers industries and investors to unlock the true value of physical and digital assets.

For more information about I-ON Digital Corp. and its initiatives, visit www.iondigitalcorp.com.

For further information, please contact:
Investor Relations
I-ON Digital Corp.
investorrelations@iondigital.com
(866) 440-2278
https://iondigitalcorp.com

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements associated with the expected ability of the Company to undertake certain activities and accomplish certain goals and objectives. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "intends," "will," "goal," "potential" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon the Company's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks associated with the process of developing and commercializing its products. These and other risks concerning the Company and its financial position are described in additional detail in the Company's filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE: I-ON Digital Corp



View the original press release on ACCESS Newswire

FAQ

Why did Stephen C. Aust leave I-ON Digital Corp's (IONI) Board of Directors?

Stephen C. Aust left I-ON Digital Corp's Board to focus on personal commitments, including philanthropic initiatives, church involvement, and supporting his wife's health matters.

Will Stephen Aust maintain any role with I-ON Digital Corp (IONI) after his resignation?

Yes, Aust will continue serving as a third-party advisor to the Board and remain available as a strategic consultant on special projects and select business matters.

When did Stephen C. Aust's resignation from I-ON Digital Corp (IONI) take effect?

Stephen C. Aust's resignation from I-ON Digital Corp's Board of Directors took effect immediately as of May 2, 2025.

What is I-ON Digital Corp's (IONI) main business focus?

I-ON Digital Corp is a developer of gold digitization and real-world asset (RWA) tokenization technologies.
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