DEVELOP GLOBAL LIMITED — Capital/Financing Update 2020

Aug 25, 2020

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26 August 2020

Company Announcements Office Australian Securities Exchange Limited 152-158 St George's Terrace Perth WA 6000

By E-Lodgement

Issue of Unlisted Options

Venturex Resources Limited is pleased to advise that it has issued 49,492,207 unlisted options as part of its recent Capital Raising (ASX Release 17 June 2020) with an exercise price of $0.10c expiring 15 December 2021.

43,694,467 of the above options were approved at the Company’s General Meeting on the 7[th] August 2020 and the remaining have been issued under the Company’s 15% placement capacity under ASX Listing Rule 7.1.

For further information please contact:

Mr Trevor Hart

Company Secretary & CFO Venturex Resources Limited T: +61 8 6389 7400

About Venturex Resources Limited

Venturex Resources Limited (ASX: VXR) is an exploration and development company with two advanced Copper-Zinc Projects near Port Hedland in the Pilbara region of Western Australia. The two projects are the Sulphur Springs Project which includes the Sulphur Springs Project, Kangaroos Caves Resource plus 27km of prospective tenements on the Panorama trend and the Whim Creek Project which includes the Resources at the Whim Creek, Mons Cupri and Salt Creek mines together with the Evelyn project and 18,100 ha of prospective tenements over the Whim Creek basin.

Registered & Principal Office Level 2, 91 Havelock Street, West Perth WA 6005 PO Box 585, West Perth WA 6872

ABN 28 122 180 205 Tel: +61 8 6389 7400 Fax: +61 8 9463 7836

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