DEVELOP GLOBAL LIMITED — M&A Activity 2009

Jun 30, 2009

ASX Announcement Code: VXR

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1 July 2009 Completion of Takeover Bid for CMG Gold Ltd / Director Appointment

Venturex Resources Limited (Venturex) advises that it has today issued 189,210,000 shares to Shareholders who accepted the Takeover Bid for all of the shares in CMG Gold Limited. An Appendix 3B has been submitted separately. Out of this issue, a total of 51,000,000 shares have been placed in voluntary escrow for a period of twelve months, due for release on 1 July 2010.

As advised in the Company’s announcement of 3 April 2009, CMG Directors, Anthony Reilly and Glenn Featherby, have been offered invitations to join the Venturex Board. Effective from today, Mr Reilly has been appointed an Executive Director of the Company while Mr Featherby has declined the offer stating that, at this stage in the Company’s development, it is in the best interests of Shareholders to maintain a small and dynamic Board.

The Venturex Board thanks Mr Featherby and other retiring members of the CMG Board for For further details: their cooperation in completing the merger. Dr Tim Sugden Managing Director T: +61 8 6424 9188 M: +61 407 085 032 TIM SUGDEN E: tim.sugden@venturexresources.com Managing Director Board Allan Trench Non-Executive Chairman Tim Sugden Managing Director Michael Mulroney Non-Executive Director Liza Carpene Company Secretary Contact Details Registered Office: Level 1 35 Richardson Street West Perth WA 6005 T: +61 8 6424 9188 F: +61 8 9463 7836 E: admin@venturexresources.com W: www.venturexresources.com ABN: 28 122 180 205

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