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DEVELOP GLOBAL LIMITED Major Shareholding Notification 2012

Aug 8, 2012

64801_rns_2012-08-08_3d82441d-5c6c-483f-9594-7d65b854a68a.pdf

Major Shareholding Notification

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Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To: Company Name/Scheme Venturex Resources Limited ACN/ARSN 122 180 205 1. Details of substantial holder (1) Name Straits Mineral Investments Pty Ltd ACN/ARSN (if applicable) 124 028 271 The holder ceased to be a substantial holder on 7 August 2012 The previous notice was given to the company on 16 November 2011 The previous notice was dated 16 November 2011

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change Person whose relevantinterest changed Nature of change (4) Consideration given inrelation to change (5) Class (6) andnumber ofsecuritiesaffected Person’s votes affected
7 August 2012 Straits MineralInvestmentsPtyLtd Sale of shares $2,376,000 66,000,000ordinary shares 66,000,000

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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

4. Addresses

The addresses of the persons named in this form are as follows:

Name Address
Straits Mineral Investments PtyLtd Level 1,35 Ventnor Avenue West Perth WA 6005

Signature

Print Name: Matthew Smith Capacity: Company Secreary Signature: Date: 9 August 2012

This is Annexure A of one page referred to in Form 605 - Notice of ceasing to be a substantial holder dated 9 August 2012 and signed by me.

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Matthew Smith Company Secretary Straits Resources Limited

STRAITS SUBSIDIARIES

Registered Office for all listed below: Level 1, 35 Ventnor Avenue West Perth WA 6005

STRAITS MINING LIMITED 055 202 614 TRITTON RESOURCES PTY LTD 100 095 494 GIRILAMBONE COPPER COMPANY PTY LTD 057 083 637 STRAITS GOLD PTY LTD 072 498 081 HILLGROVE MINES PTY LTD 102 660 506 STRAITS INDO GOLD PTY LTD 104 934 321 INDO MURO PTY LTD 100 135 000 MURO OFFSHORE PTY LTD 050 028 389 STRAITS MINERAL INVESTMENTS PTY LTD 124 028 271 STRAITS EXPLORATION (AUSTRALIA) PTY LTD 061 614 695 STRAITS MINE MANAGEMENT PTY LTD 083 686 033

The above companies are all subsidiaries of Straits Resources Limited pursuant to section 9 of the Corporations Act.