Ikona Gear International, Inc. Press Release Announcing Board Resignation and Share Cancellation
Ikona Gear International, Inc. announced that Richard Achron has resigned from its Board of Directors, effective immediately. Mr. Achron also returned 500,000 shares of common stock to the company for cancellation, reducing the total outstanding shares to 21,355,633. The company expressed appreciation for Mr. Achron's service. This announcement is intended to inform shareholders and the public of the board change and share adjustment.
FOR IMMEDIATE RELEASE January 22, 2004
Ikona Gear International, Inc. Announces Board Change
Vancouver, British Columbia - Ikona Gear International, Inc. ("Ikona") (OTCBB: IKGI) announced today that Richard Achron, a director and past-President of Oban Mining, Inc., (Ikona's corporate name prior to recapitalization in October 2003) has resigned from Ikona's Board of Directors effective immediately, and has returned 500,000 shares of common stock to Ikona for cancellation. As a result of the share cancellation, Ikona's issued and outstanding share capital will reduce to 21,355,633 from its present 21,855,633. Ikona's Directors would like to thank Richard for his services and wish him well in his future endeavors.
For further information contact:
Laith Nosh, Chief Executive Officer and President
(604) 685-5510
