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DEVELOP GLOBAL LIMITED Regulatory Filings 2012

Mar 25, 2012

64801_rns_2012-03-25_2644388f-a814-4895-a5b2-ea564f0e3dcc.pdf

Regulatory Filings

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RESIGNATION OF DIRECTOR

Venturex Resources Limited (ASX: VXR) advises that the Company and Executive Director, Mr Anthony Reilly, have agreed not to extend Mr Reilly’s existing contract upon its current expiry date of 30 June 2012.

Mr Reilly has advised he wishes to pursue some other business interests but will remain a significant Shareholder in the Company.

ASX Announcement ASX Code: VXR Released: 26 March 2012

For further details Michael Mulroney Managing Director T: +61 8 6389 7400 M: +61 412 443 806 [email protected]

Mr Reilly will remain a Director of the Company until the completion of his contract and will resign from the Board at that time.

The Company’s Board and Management appreciate Mr Reilly’s contribution to the Company’s activities over the past three years, in particular in relation to the Brazilian gold assets, and wish him every success in his future endeavours.

Board

Tony Kiernan Chairman

Michael Mulroney Managing Director

TONY KIERNAN Chairman

Allan Trench Non-Executive Director

John Nitschke Non-Executive Director

Anthony Reilly Executive Director

For further information, please contact:

Liza Carpene Company Secretary

Michael Mulroney / Liza Carpene – Venturex Resources Limited on (08) 6389 7400 Tony Dawe – Professional Public Relations on 0405 989 743 / (08) 9388 0944

Contact Details

About Venturex Resources Limited

Venturex Resources Limited (ASX: VXR) is an exploration and development company with a portfolio of VMS projects in the Western Pilbara. Venturex owns or controls the Whim Creek Copper Mine and all associated mining leases and exploration tenements including copper, zinc, lead, silver and gold resources at Whim Creek, Mons Cupri, Salt ‐ Creek, Liberty Indee and Sulphur Springs. Other assets include the Whim Creek Hotel, an accommodation village, crushing circuit and various mining infrastructure. The Company is committed to a strategy of consolidating VMS projects in the Western Pilbara and developing Whim Creek as a centralised processing hub. Venturex is also exploring for gold in Brazil through its wholly owned subsidiary CMG Mineração Ltda.

Registered Office Suite 3, Level 1 127 Cambridge Street West Leederville WA 6007

T: +61 8 6389 7400 F: +61 8 9463 7836 [email protected] www.venturexresources.com

ABN: 28 122 180 205