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SPRINTEX LIMITED Capital/Financing Update 2016

Nov 1, 2016

65799_rns_2016-11-01_616ab267-0332-4819-b596-bf3115c3d8cb.pdf

Capital/Financing Update

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SPRINTEX LIMITED ABN: 38 106 337 599

ASX Code: SIX

2 November 2016

SPRINTEX SECURES SHORT TERM FUNDING

Sprintex Limited (ASX Code: SIX ) ( Company ) is pleased to announce that it has secured a short term funding facility of USD610,000.

The facility is being provided by Modern Times Holdings Limited, an unrelated third party, which has agreed to provide the facility for a two month period at an interest rate of 9.00% per annum. The facility is expected to meet the Company’s corporate requirements through to the end of December 2016 and is intended to allow the Company to continue the development of its current sales strategy and for general working capital purposes, while allowing the Company to explore and conclude longer term funding options.

For further information please contact the Company Secretary on +61 8 9262 7277.

ROBERT MOLKENTHIN COMPANY SECRETARY

183 Mulgul Road, Malaga WA 6090 PO Box 3348 Malaga DC WA 6945 Phone: +61 8 9262 7277 Fax: +61 8 9262 7288 Email: [email protected] URL: www.sprintex.com.au