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Ann: XTEK selected as Preferred Tenderer for Land 129 Phase 4-XTE.AX, page-37

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    XTEK Limited (ASX:XTE) hereby advises that the Equity Placement Facility Agreement as entered into by XTEK and Kentgrove Capital Pty Ltd (“Kentgrove”) on 14 July 2015 has been terminated, effective as of 26 May 2016. The termination decision is by mutual agreement of both XTEK and Kentgrove and reflects the Company’s desire to pursue other avenues of capital raising in the future. The Company is appreciative of the high level of professional services provided by Kentgrove during the term of the Agreement.

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