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SPRINTEX LIMITED — Capital/Financing Update 2021
Dec 13, 2021
65799_rns_2021-12-13_cbe3a5a9-6f8d-45a9-964f-fc2f7b97c6b8.pdf
Capital/Financing Update
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ASX: SIX
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Sprintex Limited ABN: 38 106 337 599
ASX RELEASE
14 December 2021
Security Purchase Plan Results
Sprintex Limited (“Sprintex” or the “Company”) is pleased to announce the conclusion of its Security Purchase Plan (SPP) which closed on 10 December 2021.
Under the SPP, the Company has issued 973,335 ordinary shares to raise $73,000 (before costs) at a price of $0.075 per share with 486,670 options with an exercise price of $0.10 on or before 13 December 2022.
The Company will now seek to place the shortfall of 12,359,998 shares with 6,179,999 attaching options with a 1 year term and $0.10 exercise price.
An Appendix 2A for the quotation of the shares and an Appendix 3G for the allotment of the options have been lodged.
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This ASX announcement was authorised for release by the Managing Director and CEO of Sprintex.
For further information
Sprintex Limited Jay Upton Managing Director and CEO
P: +61 8 9262 7277 E: [email protected]
MMR Corporate Services Pty Ltd
Level 5, 52 Phillip Street Sydney, NSW 2000 Australia
P: +61 2 9251 7177 E: [email protected]
Unit 2 / 63 Furniss Road, Darch WA 6065 Phone: +61 8 9262 7277 Email: [email protected] URL: www.sprintex.com.au
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About Sprintex
Sprintex is a clean air compressor engineering, research, product development and manufacturing company, incorporated in Australia in 2003. Sprintex designs and manufactures electric and mechanically driven clean air compressors for use in a wide variety of applications, including:
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combustion engines where Sprintex sells Sprintex® twin screw superchargers, and supercharger systems incorporating the Sprintex® twin screw supercharger, in the automotive aftermarket and original equipment manufacturer (OEM) market in Australia, Asia, Africa, the Middle East and the United States of America;
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hydrogen fuel cells, which require a constant flow of oxygen rich air; and
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industrial oil-free clean air applications, including wastewater treatment.
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