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DEVELOP GLOBAL LIMITED Regulatory Filings 2010

Mar 17, 2010

64801_rns_2010-03-17_e4e29a5d-71c0-4bc1-847b-95c9d61c6113.pdf

Regulatory Filings

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MARKET RELEASE

18 March 2010

Venturex Resources Limited

TRADING HALT

The securities of Venturex Resources Limited (the "Company") will be placed in preopen at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Monday, 22 March 2010 or when the announcement is released to the market.

Security Code: VXR

Wade Baggott Adviser, Issuers (Perth)

ASX ANNOUNCEMENT ASX Code: VXR

18 March 2010

Company Announcements Office ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

via Facsimile: 08 9221 2020 Attention:

Wade Baggott

Dear Sir

TRADING HALT REQUEST

On behalf of the Board of Directors of Venturex Resources Limited (ASX: VXR), I request the securities of the Company be placed in a trading halt pending an announcement regarding a capital raising.

We expect the trading halt to end upon the release of an announcement prior to commencement of trading on Monday, 22 March 2010.

Neither the Board nor I are aware of any reason that the trading halt should not be granted.

Yours/faithfully

PENE LIZ∆ Company Secretary

Registered & Principal Office

ABN 28 122 180 205

Level 1, 127 Cambridge Street, West Leederville WA 6007 PO Box 1444, West Leederville WA 6901

Tel: +61 8 6424 9188 Fax: +61 8 9463 7836

www.venturexresources.com E: [email protected]