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

MT Newswires Live

06/30

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.

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