GREENWING RESOURCES LTD — Capital/Financing Update 2009

Aug 5, 2009

ABN 25 001 150 849

Level 3 2 Elizabeth Plaza North Sydney NSW 2060 Australia PO Box 1507 North Sydney NSW 2059 Australia

Phone: 02-9925-8170 Fax: 02-9925-8110 Email: mail@intec.com.au Website: www.intec.com.au ASX code: INL

Companies Announcements Office Australian Securities Exchange

6 August 2009

Intec Update with Appendix 3B

Final settlement of the sale of the Hellyer assets by Intec Ltd (ASX code: INL) to Bass Metals has now been completed. The proceeds of the settlement have been applied by Intec to repay in full the outstanding amount under its Macquarie Bank debt facility.

Intec and Ausmelt Limited have extended to the end of 2009 the exclusivity period for the advancement of the necessary engineering and associated work with respect to Ausmelt’s Whyalla Resource Recovery Facility. Intec has agreed to share equally with Ausmelt the modest monthly care and maintenance costs for the facility during this time. An MOU signed in April 2009 provides a framework for negotiating the commercial terms upon which Ausmelt’s facilities would be employed. To date, the zinc price, site visits, data room, technical due diligence and commercial discussions support the continued advancement of this project.

Additionally, Intec has now been paid in full for outstanding testwork fees for the Browns Sulphide Project, approximately $138,000. As one part of the recent trip to China by Intec senior executives, arrangements were made with Hunan Nonferrous Metals Corp. (a 50% partner in the Browns Sulphide Project with Compass Resources) for Intec to restart leach testwork in Australia and for further differential flotation of the leach residue samples to be conducted in China.

An Appendix 3B is attached regarding a minor number of SPP/Placement INL shares not previously processed earlier this year.

Yours faithfully

Intec Ltd

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Philip R Wood

Managing Director and Chief Executive Officer

ABN 25 001 150 849

Level 3 2 Elizabeth Plaza North Sydney NSW 2060 Australia PO Box 1507 North Sydney NSW 2059 Australia

Phone: 02-9925 8170 Fax: 02-9925 8110 Email: mail@intec.com.au Website: www.intec.com.au ASX code: INL

6 August 2009

Companies Announcements Office Australian Securities Exchange

Appendix 3B and Notice in accordance with Section 708A(5)(e) of the Corporations Act

Intec Ltd (ASX code: INL) provides a supplementary Appendix 3B for the quotation of newly issued shares following their allotment after the successful completion of INL’s Share Purchase Plan and Placement. This supplementary Appendix 3B is lodged in respect of application monies received after the closing date and accepted in accordance with the discretion exercised by the Board of Directors.

Secondary Trading Exemption

The Corporations Act (the Act) restricts the on-sale of Securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

• b) as at 6 August 2009 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 6 August 2009 there is no information:

• i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

• ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

  • A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

  • B) the rights and liabilities attaching to the Securities.

Yours faithfully Intec Ltd

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Philip R Wood

Managing Director and Chief Executive Officer

Appendix 3B New issue announcement

Intec Ltd

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

Intec Ltd

ABN

25 001 150 849

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of+securities issued or to be issued 2 Number of+securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the+securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)	Fully paid ordinary shares
	1,080,000 ordinary shares.
	Ordinary shares.

Appendix 3B Page 2

Appendix 3B New issue announcement

Intec Ltd

4 Do the+securities rank equally in all respects from the date of allotment with an existing+class of quoted+securities? If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 7 Dates of entering+securities into uncertificated holdings or despatch of certificates 8 Number and +class of all +securities quoted on ASX (_including_the securities in clause 2 if applicable) 9 Number and +class of all +securities not quoted on ASX (_including_the securities in clause 2 if applicable)	The ordinary shares will be quoted and rank equally with Intec’s currently quoted ordinary shares.	The ordinary shares will be quoted and rank equally with Intec’s currently quoted ordinary shares.
	$0.015 per ordinary share.
	Share Purchase Plan and associated Placement as set out in announcement dated 30 April 2009.
	4 August 2009
	Number	+Class
	821,253,724 131,909,975	Ordinary Shares 31 December 2009 Quoted Options – exercise price $0.08
	Number	+Class
	5,869,014	24 February 2010 Options – exercise price $0.069
	7,210,000	31 August 2011 Options – exercise price $0.11
	4,700,000	25 September 2012 Options – exercise price $0.15

Appendix 3B Page 3

Appendix 3B New issue announcement

Intec Ltd

6,350,000

25 September 2012 Options – exercise price $0.15 These options will not vest, and may not be exercised, until the Trigger Price Threshold of $0.25 is met. To meet the Trigger Price Threshold, the price of Intec Ltd shares traded on the Australian Securities Exchange must have closed above $0.25 for 20 consecutive trading days or Intec Ltd must have received a bona fide offer for a majority or all of its shares whether by takeover or scheme of arrangement.

• 10 Dividend policy (in the case of a The newly issued shares rank equally with the existing trust, distribution policy) on the shares. increased capital (interests)

Part 2 - Bonus issue or pro rata issue

• 11 Is security holder approval required?

Questions 11 to 33 are not applicable.

to 33

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of securities ( tick one )

• (a) √ Securities described in Part 1 (b)[All other securities ]

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Appendix 3B Page 4

Appendix 3B New issue announcement

Intec Ltd

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35[If the ][+][securities are ][+][equity securities, the names of the 20 largest holders of the additional ][+][securities, ] and the number and percentage of additional[+] securities held by those holders 36[If the ][+][securities are ][+][equity securities, a distribution schedule of the additional ][+][securities setting out ] the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over 37[A copy of any trust deed for the additional ][+][securities ]

Entities that have ticked box 34(b)

38 Number of securities for which Questions 38 to 42 are not applicable to +quotation is sought 42

Appendix 3B Page 5

Appendix 3B New issue announcement

Intec Ltd

Quotation agreement

1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the +securities on any conditions it decides.

• 2 We warrant the following to ASX.

• The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

• There is no reason why those[+] securities should not be granted[+] quotation.

• An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the[+] securities to be quoted, it has been provided at the time that we request that the[+] securities be quoted.

• If we are a trust, we warrant that no person has the right to return the[+] securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before[+] quotation of the[+] securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:

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Date: 6 August 2009

(Director/ ~~Secretary~~ )

Print name:

Philip R Wood

Appen3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B Page 6