DEVELOP GLOBAL LIMITED — Major Shareholding Notification 2009

Jul 2, 2009

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme

VENTUREX RESOURCES LIMITED

ACN/ARSN

122 180 205

1. Details of substantial holder (1)

Name ANTHONY MILES REILLY

ACN/ARSN (if applicable)

The holder became a substantial holder on 1/7/2009

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person’s votes (5)	Voting power (6)
Ordinary Fully Paid	25,250,000	25,250,000	6.5%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Anthony Miles Reilly	Beneficial Owner	Ordinary Fully Paid 25,250,000

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Anthony Miles Reilly	Anthony Miles Reilly	Anthony Miles Reilly	Ordinary F/P 21,250,000
Anthony Miles Reilly	Cheynes Beach Finance Pty Ltd Superannuation Fund>	Anthony Miles Reilly	Ordinary F/P 4,000,000

5. The consideration paid for each relevant i n terest referred to in paragraph 3 above, and acquired in the four mo n ths prior to the day that the substantial holder became a substantial holde r is as follows:

Holder of relevant interest	Dat acq e of uisition	Consideration	(9)	Class and securities number of
		Cash	Non-cash
Anthony Miles Reilly	1 /7/2009	-	Result of takeover of CMG Gold Ltd – 5,580,000 shares	Ordinary 23,715,0 F/P 00
Cheynes Beach Finance Pty Ltd Superannuation Fund>	1 2 3 1 4/04/09 2/04/09 0/04/09 1/05/09 7/05/09 8/05/09 1/06/09	3,059.12 1,428.00 5,000.00 512.88 6,667.12 13,332.88 1,295.00		15 7 25 2 33 66 3 2,956 1,400 0,000 5,644 3,356 6,644 5,000

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

7. Address

The addresses of persons named in this form a re as follows:

Name	Address
Anthony Miles Reilly	99 Bruce Street Nedlands WA 6009

Signature

Print Name: Anthony Miles Reill y Capacity: Director

Sign Here: __ _ __ Date: 2/7/2009

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