ASX:SIX

3 stories mentioning ASX:SIXUpdated 40d ago

Every FINWIRES story that references ASX:SIX, newest first.

Sprintex Secures 25.7 Million Euros in New, Upgraded Purchase Orders from Dutch Environmental Technology Firm, Shares Jump 20%

Sprintex (ASX:SIX) partnership with Netherlands-based MW Techniek Systems, or Mest Water, advanced from component supply and prototype commissioning through to full-system integration and serial production, with 25.7 million euros in new and upgraded purchase orders secured, according to a Tuesday Australian bourse filing.This includes a new 6.5 million euros order for smaller ZLD-UP systems for small and family-owned farms, to be supplied via Completerra, and an upgraded 19.2 million euros order for premium high-capacity systems. The original purchase order was commercially increased and upgraded.Sprintex confirmed that a total cash payment of 815,000 euros is expected to be received on or before July 14.Its shares jumped 20% in recent trading on Tuesday.

ASX:SIX

Asia102d ago

Sprintex Signs Exclusive Saudi Arabia Distribution Agreement With Washnah

Sprintex (ASX:SIX) said it has entered into an exclusive distribution agreement with Washnah for the supply of its G-Series, GA, and GR high-speed jet blowers across the entire Kingdom of Saudi Arabia, according to a Wednesday Australian bourse filing.The company said the agreement appoints Washnah as its sole and exclusive distributor in Saudi Arabia, with performance-based exclusivity and minimum secured order commitments of $500,000 per year following regulatory approvals, with an initial term to March 31, 2029, and an option for a further two-year extension subject to milestone achievements.Washnah has also submitted a tender for the King Salman International Airport Wastewater Treatment Works using exclusively Sprintex high-speed turbo blowers, representing an opportunity of over AU$5 million based on the supply only of Sprintex blower content, the filing added.

ASX:SIX

Asia104d ago

Sprintex Raising AU$1.1 Million Via Convertible Notes Issue

Sprintex (ASX:SIX) is raising about AU$1.1 million through the issue of nearly 1.1 million convertible notes at a price of AU$1 each, according to a Monday filing with the Australian bourse.The notes will mature on June 30, 2027, and bear interest at 8% per year, per the filing.Holders of the notes can convert them into Sprintex ordinary shares at any time after June 30 and before their maturity.The company said it plans to use the funds for general working capital purposes, to expand its sales team, and to fulfill customer orders.

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