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DEVELOP GLOBAL LIMITED Regulatory Filings 2015

Jun 14, 2015

64801_rns_2015-06-14_bbc68011-eb91-4039-95ab-2a75869512b2.pdf

Regulatory Filings

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ASX Announcement
ASX Code: VXR
Released: 15 June 2015
For further details
Trevor Hart
Company Secretary/CFO
T: +61 8 6389 7400
[email protected]
Board
Tony Kiernan
Chairman
John Nitschke
Non-Executive Director
Ray Parry
Non-Executive Director
Trevor Hart
Company Secretary/CFO
Contact Details
Registered Office
Level 2
91 Havelock Street
West Perth WA 6005
T: +61 8 6389 7400
F: +61 8 9463 7836
[email protected]
www.venturexresources.com
ABN: 28 122 180 205
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NOT TO PROCEED WITH PROPOSED SALE OF PILBARA COPPER ZINC PROJECT

The Board of Venturex Resources Limited (“ Venturex ”) referrers to the announcement made on the 22 May 2015, in regards to the proposed sale of the Pilbara Copper Zinc assets.

Venturex received an email this morning from Orion Mine Finance Group (“Orion”), that it is not able to complete its due diligence and will not proceed with the transaction.

When further information is to hand the market will be advised.

Tony Kiernan Chairman

or further information, please contact:

Tony Kiernan / John Nitschke / Trevor Hart – Venturex Resources Limited on (08) 6389 7400

About Venturex Resources Limited

Venturex Resources Limited (ASX: VXR) is an exploration and development company with a significant portfolio of VMS projects in the Western Pilbara. Venturex owns or controls significant resources of copper, zinc, lead, silver and gold at Sulphur Springs, Kangaroo ‐ Caves, Whim Creek, Mons Cupri, Salt Creek and Liberty Indee. The Company is committed to a strategy of consolidating VMS projects in the Western Pilbara and developing a centralised processing hub at Sulphur Springs.