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REDCASTLE RESOURCES LIMITED Capital/Financing Update 2014

Nov 27, 2014

65668_rns_2014-11-27_edbcd6a2-6cee-4a6e-88fe-b2065b5b6d7c.pdf

Capital/Financing Update

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**GRP

Corporation Limited (to be renamed “Spring Networks Limited”)**

Level 1, 981 Wellington Street West Perth WA 6005 ABN 57 096 781 716 PH: 08 9299 2289 FX: 08 9299 2239

ASX / MEDIA RELEASE 28 November 2014

EXTENSION OF PROSPECTUS CLOSING DATE SPRINGME OPERATIONAL UPDATE

The Board of GRP Corporation Limited (ASX: GRP ) (‘GRP Corporation’ or ‘the Company’) wishes to advise that it has extended the closing date of the Prospectus lodged on 21[st] October 2014 to 5.00pm on 19[th] January 2015 in order to allow sufficient time to complete the required conditions for satisfying re-instatement to quotation to the ASX.

The Company has received strong interest in the capital raising and also provides the following operational update regarding the Springme business:

Springme Update

Spring.me has grown steadily from 5 million monthly visitors in September and is on track to average 6 million visitors per month for Q4 2014. The brand new native mobile application for Android will be released this week in the Google Play Store. The Spring.me IOS / iPhone application is waiting Apple’s final approval which is expected any day now and will be released immediately thereafter.

END

FURTHER INFORMATION

Shareholders / Investors

Mark Rowbottam

Non-Executive Chairman

GRP Corporation Limited

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