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DIGITALX LIMITED Capital/Financing Update 2009

Apr 2, 2009

64762_rns_2009-04-02_79e482fb-7198-4b38-9077-0bfbe23c67f0.pdf

Capital/Financing Update

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ASX Announcement

3 A ril 2009 p

Verus Investment Update

Verus provides the following update on its Investments;

Lee County

Verus Investments Limited ACN 55 009 575 035 On 21[st] November 2008, Verus announced its intention to acquire a 10% working interest in the Lee County Project from Megashine 30 Ledgar Rd, International Limited (“Megashine”), subject to a number of Balcatta, WA, 6041 conditions precedent standard in agreements of this type. Tel: (08) 9240 2836 Those conditions precedent were unable to be satisfied by Fax: (08) 9240 2406 Megashine and consequently the agreement has lapsed. Email: [email protected] Web: www.verus.com.au Brazilian Investment Options

Following a critical review of the investment options entered into in Brazil, the Verus Board has concluded that, in light of the ASX Code: VIL & VILO current financial climate, it is prudent to relinquish the options 238,794,160 Ordinary Shares on Issue (VIL) held over the 3 early stage exploration projects. 164,196,107 Listed Options on Issue(VILO), expiry date 30 June 2010, and exercise price of 10 cents The structure of these options require increasing periodic

30 June 2010, and exercise price of 10 centsDirectors:Andrew McIlwainNon-executive ChairmanMichael MontgomeryExecutive DirectorDavid CalceiNon-executive DirectorGreg LeeNon-executive Director The structure of these options require increasing periodicpayments, which when first considered appeared feasible, howeverwould become increasingly difficult to service with lowcommodity prices.Verus has elected to withdraw from these options withoutremaining liability.Other Investment OpportunitiesVerus remains focused on delivering value from prudentinvestments. The Directors are actively seeking and investigatingnew investment opportunities.