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ION VIDEO LTD Capital/Financing Update 2013

May 9, 2013

Capital/Financing Update

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10 May 2013

The Company advises that the following unlisted options have been cancelled:

Class of Options	Number of Options	Exercise Price	Expiry Date
Unlisted ($0.25) options	9,500,000	$0.25	31 December 2015
Unlisted ($0.50) options	9,500,000	$0.50	31 December 2015

Yours faithfully

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Managing Director