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

Apr 14, 2010

64801_rns_2010-04-14_35d5588d-c39d-4641-afc8-b924675c8c2e.pdf

Declaration of Voting Results & Voting Rights Announcements

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ASX Announcement Code: VXR

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15 April 2010

Results of General Meeting 15 April 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: [email protected]

Board

Allan Trench Non-Executive Chairman

Tim Sugden Managing Director

Michael Mulroney Non-Executive Director

Resolution For Against Chair Proxy* Other Proxies Abstain Total
1. Ratification of PriorIssue – MacquarieOptions 184,356,915 170,000 385,900 22,288,261 106,720,000 313,921,076
2. Giving of FinancialAssistance toMacquarie 184,356,915 190,000 385,900 22,288,261 106,700,000 313,921,076
3. Ratification of PriorIssue – ArgonautOptions 273,676,011 170,000 385,900 539,000 39,150,165 313,921,076
4. Giving of FinancialAssistance toArgonaut 273,676,011 190,000 385,900 539,000 39,130,165 313,921,076

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

Anthony Reilly Executive Director

Liza Carpene Company Secretary

TIM SUGDEN Managing Director

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: [email protected] W: www.venturexresources.com

ABN: 28 122 180 205

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