EVRH.L Regulatory News (EVRH)

iPoint-media Plc

("iPoint" or the "Company")

(to be renamed Armstrong Ventures Plc)

Issue of Equity

Further to the £250,000 raised on 29 June 2012, the Board of iPoint is pleased to announce that Peterhouse Corporate Finance Limited has raised an additional £500,000 through the issue of 1,300,390,117 ordinary shares ("New Shares") at 0.03845p each.

Admission is expected to occur on 31 July 2012. On admission, the New Shares will rank pari passu with the existing ordinary shares in the Company.

Following admission, the Company's enlarged issued share capital will comprise 2,101,105,791 ordinary shares.

This figure of 2,101,105,791 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

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Notes to the Editor

The Investing Policy will be to principally, but not exclusively to invest in the resources and energy sectors. The Company will initially focus on projects located in Asia but will also consider investments in other geographical regions. The Company may be either an active investor and acquire control of a single company or it may acquire non-controlling shareholdings. Once a target has been identified, additional funds may need to be raised by the Company to complete a transaction.

The Proposed Directors believe that their broad collective experience together with their extensive network of contacts will assist them in the identification, evaluation and funding of suitable investment. The Company intends to deliver shareholder returns principally through capital growth rather than capital distribution via dividends.