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ION VIDEO LTD Capital/Financing Update 2016

Apr 5, 2016

65133_rns_2016-04-05_0fe6cc3d-489b-439e-aecf-acbd4f3a067e.pdf

Capital/Financing Update

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ACN 149 796 332

6 April 2016

Company Announcement Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

COMPLETION OF CAPITAL RAISING

Firestrike Resources Limited (ASX: FIE) (Company) is pleased to advise that the Company has closed its capital raising heavily oversubscribed and have accepted the maximum possible funds as per the Prospectus lodged with ASIC on 3 March 2016.

Once the acquisition of Linius (Aust) Pty Ltd is completed, the incoming directors will utilise the $3,500,000 raised to advance the Linius business as set out in the Prospectus.

Regards.

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Paul Lloyd Director/Company Secretary Firestrike Resources Limited

FIRESTRIKE RESOURCES LIMITED ACN 149 796 332 Suite 1, Ground Floor 437 Roberts Road SUBIACO WA 6008 Tel +61 8 9476 9209 Fax +61 8 9381 1122 www.firestrike.com.au

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