ION VIDEO LTD — Capital/Financing Update 2011

Jul 21, 2011

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MARKET RELEASE

22 July 2011

Firestrike Resources Limited

PRE-QUOTATION DISCLOSURE

Firestrike Resources Limited (the “Company”) was admitted to the Official List of ASX Limited on Friday 22 July 2011.

Official Quotation of the Company’s securities will commence at 1:00 pm EST (11:00 am WST) on Tuesday 26 July 2011.

The following information is released as pre-quotation disclosure.

1. Distribution schedule - Appendix 1A, paragraph 48.

2. Top 20 holders.

3. Constitution.

4. Appendix 1A.

5. A statement confirming completion of the tenement acquisition agreement dated 2 May 2011 between the Company and Pacrim Energy Ltd (“Pacrim”) and the issue of 2,000,000 ordinary fully paid shares thereunder to Pacrim.

6. A statement confirming the satisfaction of the conditions precedent with respect to the option agreement dated 4 May 2011 between the Company and Minico Pty Ltd (“Minico”) and the issue of 1,000,000 ordinary fully paid shares thereunder to Minico.

7. Full terms and conditions of options on issue.

8. Corporate Governance Statement.

9. Company’s securities trading policy.

10. Number and escrow period of restricted securities.

Security Codes:

FIE

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Elizabeth Harris Principal Adviser, Listings (Perth)