Placement, SPP and AGM Deferral

Sprintex Limited (“Sprintex” or the “Company”) is pleased to announce the Company has received firm commitments from sophisticated and professional investors to raise $4,000,000 (before costs) through the issue of 53,333,334 fully paid ordinary shares (Shares) in the Company (Placement) at an issue price of $0.075 per Share (Placement Shares), together with 1 free attaching option exercisable at $