ION VIDEO LTD — Capital/Financing Update 2019

Apr 14, 2019

==> picture [129 x 38] intentionally omitted <==

www.linius.com (ASX: LNU)

Linius Technologies Limited ACN 149 796 332 Suite 13, Level 3, 299 Toorak Road South Yarra, Victoria, 3141

ASX Announcement 15 April 2019

CLEANSING NOTICE UNDER SECTION 708A OF THE CORPORATIONS ACT

Linius Technologies Limited (ASX: LNU) (Company) advises that today it has issued 71,428,572 fully paid ordinary shares ( New Shares ) via a placement to professional and sophisticated investors at 3.5 cents per New Share, to raise $2,500,000 before costs, further to the announcement made by the Company on 8 April 2019.

This notice is given by the Company under section 708A(5)(e) of the Corporations Act 2001 ( Act ). The Company advises that:

• (a) the New Shares and Options were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at the date of this notice, there is no “excluded information” within the meanings of sections 708A(7) and 708A(8) of the Act.

==> picture [74 x 36] intentionally omitted <==

Stephen Kerr Company Secretary