CYCLIQ GROUP LTD — Capital/Financing Update 2012

Jan 15, 2012

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ACN 119 749 647 (formerly Modena Resources Ltd.)

16 January 2012

Companies Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

NOTICE PURSUANT TO CHAPTER 6D.2 AND 6D.3 OF THE CORPORATIONS ACT

Sprint Energy Limited would like to announce that on 13 January 2011, the Company allotted 17,970,000 ordinary fully paid shares at 2 cents ($0.02) per Share.

Pursuant to section 708A(5)(e) of the Corporations Act, the Company gives notice that the securities were issued without disclosure to investors under Part 6D.2 of the Corporations Act in reliance on section 708A(5).

The Company as at the date of this announcement has complied with:

• (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• (b) Section 674 of the Corporations Act.

As at the date of this announcement, there is no excluded information for the purposes of section 708A (7) and (8) of the Corporations Act, required to be disclosed by the Company.

For further information please contact:

MELANIE LEYDIN

Company Secretary Phone : +61 3 9692 7222

About Sprint Energy Limited: Sprint Energy is an independent oil and gas production and exploration company, listed on the Australian Stock Exchange. Its primary operations are in Texas, USA.

Suite 304, 22 St Kilda Road • St Kilda • Victoria • 3182 T: +61 3 9692 7222 F: +61 3 9529 8057