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SPRINTEX LIMITED Capital/Financing Update 2021

Mar 10, 2021

65799_rns_2021-03-10_75c8b7fa-2c5e-47cd-87c8-d8f9eb8dbe44.pdf

Capital/Financing Update

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SPRINTEX LIMITED ABN: 38 106 337 599

11 March 2021

Company Announcement Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sirs

Extension of deadline for re-admission to the Official List and extension of Offers

Further to the Company’s previous announcements on 19 November 2020 and 18 January 2021, and following ongoing discussions with the ASX, Sprintex Limited (ASX:SIX) (Company) is pleased to advise shareholders that the ASX has granted an extension of the deadline to meet re-listing conditions. The previously advised deadline of 22 February 2021 has now been extended until 31 March 2021.

Additionally, the Board has resolved to further revise the indicative timetable for the offers of securities under the prospectus dated 19 October 2020 ( Prospectus ), the supplementary prospectus dated 2 November 2020 ( Supplementary Prospectus ) and the second supplementary prospectus dated 18 January 2021 ( Second Supplementary Prospectus ).

The revised indicative timetable for the offers is shown below:

INDICATIVE TIMETABLE

Lodgement of Prospectus with ASIC 19 October 2020
Opening Date of Offers 19 October 2020
Lodgement of the First Supplementary Prospectus with ASIC 30 October 2020
Lodgement of Second Supplementary Prospectus with ASIC 18 January 2021
Closing Date of the Public Offer and Options Offer 24 March 2021
Issue of Shares under the Public Offer 25 March 2021
Issue of Shares under the Recapitalisation (excluding the Public Offer) 25 March 2021
Closing Date of the Cleansing Offer 25 March 2021
Expected date for readmission to Official List 31 March 2021

*If the Public Offer is cancelled or withdrawn before completion of the Public Offer, then all application monies will be refunded in full (without interest) as soon as possible in accordance with the requirements of the Corporations Act.

UNIT 2/63 FURNISS ROAD, DARCH WESTERN AUSTRALIA 6065 PO BOX 66 KINGSWAY LPO, WESTERN AUSTRALIA 6065 Phone: +61 8 9262 7277 Fax: +61 8 9262 7288 Email: [email protected] URL: www.sprintex.com.au

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SPRINTEX LIMITED ABN: 38 106 337 599

Yours faithfully

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Henry Thong Company Secretary

This announcement is approved for release by the Board of Directors.

For further information, please contact:

Mr Henry Thong Tel: +61 400 207 056

UNIT 2/63 FURNISS ROAD, DARCH WESTERN AUSTRALIA 6065 PO BOX 66 KINGSWAY LPO, WESTERN AUSTRALIA 6065 Phone: +61 8 9262 7277 Fax: +61 8 9262 7288 Email: [email protected] URL: www.sprintex.com.au