DIGITALX LIMITED — Capital/Financing Update 2010

Aug 9, 2010

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ASX Announcement

10 August 2010

The Manager Company Announcements Office ASX Ltd 4th Floor, 20 Bridge Street SYDNEY, NSW 2000

Dear Sir,

Bongo Prospect/O.B. Ranch #1 Well update

• Bongo O.B. Ranch #1 Well approaching total depth (“TD”)

• Activities in next 15 days

  • Drill to Final TD

  • Complete well logging

  • Commence testing

• Drilling and log data indicate hydrocarbon bearing sands in a shallow horizon

Verus Investments Ltd (Verus; ASX code: VIL ) is pleased to provide the following update on the Bongo, O.B. Ranch #1 Well, as provided by the project partner and operator Caza Petroleum, Inc. (Caza ; TSX: CAZ, AIM: CAZA ) in their Second Quarter Results and Operational Update to the TSX and AIM.

"The O.B. Ranch #1 well is currently drilling to its target depth of approximately 16,000 feet. Prior to setting intermediate casing, drilling and log data indicated hydrocarbon bearing sands in a shallower horizon. Further evaluation of the shallow horizon will be necessary, but we are optimistic about the results. The well, which was scheduled to drill in 45 days, will take slightly longer due to complications created by continued gas influx into the drilling fluid system. We expect to reach the target depth and complete logging and testing operations within the next 15 days," Mr W. Michael Ford, CEO of Caza stated.

Verus Chairman Andrew McIlwain said; “We are encouraged by these early indications at Bongo #1Well and now await completion of drilling and evaluation.”

The O.B. Ranch #1Well is the first appraisal well at Bongo. Initial target evaluation predicted the potential to intersect multiple hydrocarbon bearing reservoir sections between 13,000 and 16,000 ft.

Verus has an initial 12.5% participation interest in Bongo O.B. Ranch #1Well. Once a decision is made to move to production, all participating parties must contribute to the set-up costs and Verus’ interest will revert to an ongoing 9.375% working interest for any further drilling, appraisal and development costs on the Bongo Prospect.

For further information in respect of the Company’s activities, please contact:

Mr. Andrew McIlwain	Mr. Nathan Ryan	Mr. Paul Jurman/Mr. CraigNelmes
Chairman	NWR CommunicationsInvestor Relations	Finance & Administration
Tel:(+61 3)9817 5067	Tel:(+61 0)420 582887	Tel:(+61 8)9240 8645

Office Address: Ground Floor, 30 Ledgar Road, Balcatta, Western Australia 6021 Postal Address: PO Box 717, Balcatta, Western Australia 6914

Phone: +61 (0)8 9240 8645 Fax: +61 (0)8 9240 2406 Email: info@verus.com.au Web: www.verus.com.au