DEVELOP GLOBAL LIMITED — Declaration of Voting Results & Voting Rights Announcements 2010

Jun 15, 2010

ASX Announcement Code: VXR

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16 June 2010

Results of General Meeting 16 June 2010

Venturex Resources Limited (Venturex) wishes to advise that Resolutions 1 to 4 contained in the Notice of General Meeting previously advised to the Australian Stock Exchange were passed unanimously on a show of hands.

In accordance with Section 251AA(1) of the Corporations Act 2001, the proxy votes received in respect of each resolution put to the General Meeting are set out below.

For further details:

Dr Tim Sugden Managing Director T: +61 8 6389 7403 M: +61 407 085 032 E: tim.sugden@venturexresources.com

Board

Allan Trench Non-Executive Chairman

Tim Sugden Managing Director

	Resolution	For	Against	Chair Proxy*	Other Proxies	Abstain	Total
	1. Ratification ofTranche 1 SharePlacement -Regent Pacific	248,724,675	0	41,790,165	0	0	290,514,840
	2. Tranche 2 SharePlacement -Regent Pacific	248,514,675	210,000	41,790,165	0	0	290,514,840
	3. Issue of ConvertibleNote - RegentPacific	248,514,675	210,000	41,790,165	0	0	290,514,840
	4. Approval to GrantSecurity to RegentPacific	248,514,675	210,000	41,790,165	0	0	290,514,840

Michael Mulroney Non-Executive Director

Anthony Reilly Executive Director

*The Chairman voted in favour of all resolutions in respect of the discretionary proxies given to the Chairman.

Liza Carpene Company Secretary

LIZA CARPENE Company Secretary

Contact Details

Registered Office: Suite 3, Level 1 127 Cambridge Street West Leederville WA 6007 T: +61 8 6389 7400 F: +61 8 9463 7836

E: admin@venturexresources.com W: www.venturexresources.com

ABN: 28 122 180 205

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