ION VIDEO LTD — Capital/Financing Update 2015

Nov 9, 2015

Revised Non-Renounceable Entitlement Issue Timetable

On 10 November 2015, Firestrike Resources Limited (Company) lodged a Prospectus for a non-renounceable entitlement issue on the basis of three (3) fully paid ordinary shares ( Shares ) for every eleven (11) Shares held by Shareholders registered at the Record Date at an issue price of $0.02 per Share to raise up to $493,636 (based on the number of Shares on issue as at the date of the Prospectus) ( Entitlement Issue ).

The Company wishes to update the Entitlement Issue timetable in respect of the Prospectus.

An updated timetable for the Entitlement Issue if set out below:

Lodgement of Prospectus with the ASIC	10 November 2015
Lodgement of Prospectus & Appendix 3B with ASX	10 November 2015
Notice sent to Optionholders	10 November 2015
Notice sent to Shareholders	12 November 2015
Ex date	13 November 2015
Record Date for determining Entitlements	17 November 2015 at 5:00pm WST
Prospectus sent out to Shareholders & Company	20 November 2015
announces this has been completed
Closing Date*	1 December 2015 at 5:00pm WST
Shares quoted on a deferred settlement basis	2 December 2015
ASX notified of under subscriptions	3 December 2015
Issue date/Shares entered into Shareholders’	7 December 2015
security holdings/Deferred settlement trading ends
Quotation of Shares issued under the Offer*	8 December 2015

*The Directors may extend the Closing Date by giving at least 3 Business Days notice to ASX prior to the Closing Date. As such the date the Shares are expected to commence trading on ASX may vary.

EXISTING OPTIONHOLDERS

Existing optionholders have no entitlement to participate in the Entitlement Issue unless they exercise their existing options on or before the Record Date under the Entitlement Issue, being 17 November 2015.

Paul Lloyd Director / Company Secretary Firestrike Resources Limited