CYCLIQ GROUP LTD — Capital/Financing Update 2012

Sep 18, 2012

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19 September 2012

Australian Securities Exchange Limited 2 The Esplanade PERTH WA 6000

NOTICE UNDER SECTION 708(5) CORPORATIONS ACT 2001

Sprint Energy Limited (ASX: SPS, “Sprint”, “Company”) announces that it placed 76,880,000 shares at 2 cents in the first Tranche to a group of sophisticated investors, to raise $1,537,600 before costs.

Accordingly the Company give notice under Section 708(5)(e)(i) of the Corporations Act 2001 (Cth) (“Act”) that:

1. the abovementioned shares were issued without disclosure to investors under Part 6D.2 of the Act.

2. as at the date of this notice the Company has complied with:

3. a. the provisions of Chapter 2M of the Act as they apply to the Company; and

4. b. section 674 of the Act; and

5. as at the date of this notice there is no information to be disclosed which is “excluded information” as defined in subsection 708A(7) and (8) of the Act that is reasonable for investors and their professional advisors to find in a disclosure document.

Yours sincerely

Sprint Energy Ltd

Brad Boyle Managing Director Phone: +61 8 9215 4200 Mobile: +61 417 175 852 Email: brad.boyle@sprintenergy.com.au

Sprint Energy Ltd 1186 Hay Street West Perth WA 6005 P +61 8 9215 4200

+61 8 9215 4299 www.sprintenergy.com.au

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About Sprint Energy Ltd: Sprint Energy Ltd is an independent oil and gas exploration and production Company, listed on the Australian Stock Exchange (ASX Code: SPS). Its primary focus of operations is Gulf Coast, USA and Eastern Europe.

Forward-Looking Statements: This document may include forward-looking statements. Forward-looking statements include, but are not necessarily limited to, statements concerning Sprint Energy Limited’s planned exploration program and other statements that are not historic facts. When used in this document, the words such as “could”, “plan”, “estimate” “expect”, “intend”, “may”, “potential”, “should” and similar expressions are forward-looking statements. Although Sprint Energy Limited believes that its expectations reflected in these are reasonable, such statements involve risks and uncertainties, and no assurance can be given that actual results will be consistent with these forward-looking statements.

www.sprintenergy.com.au

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