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DEVELOP GLOBAL LIMITED Regulatory Filings 2020

Aug 6, 2020

64801_rns_2020-08-06_73642291-cbc6-4d49-aae2-652eafcfa792.pdf

Regulatory Filings

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ASX/Media Release

7 AUGUST 2020

RESULTS OF GENERAL MEETING

Venturex Resources Limited is pleased to advise the results of its General Meeting held on 7 August 2020 are set out in the attached document.

All resolutions were passed and decided by way of a poll.

Trevor Hart Company Secretary

For further information, please contact:

Investors

Anthony Reilly Venturex Resources Limited Ph: +61 8 6389 7400 Email: [email protected]

Media

Nicholas Read Read Corporate Ph: +61 8 9388 1474 [email protected]

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 and Kangaroos Caves deposits, 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. The Company’s focus is on securing environmental approvals and project finance for its flagship Sulphur Springs Project, paving the way for its transformation into a new mid-tier ASX-listed base metal producer in the near term. This will position it to be a long-term supplier of copper and zinc to global markets at a time when significant shortfalls are expected for both metals, especially copper.

Venturex Resources Limited (ASX: VXR) ABN: 28 122 180 205 Level 2, 91 Havelock Street, West Perth WA 6005 | PO Box 585, West Perth WA 6872 T: +61 8 6389 7400 | [email protected] |www.venturexresources.com

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VENTUREX RESOURCES LIMITED

GENERAL MEETING Friday, 7 August 2020

RESULT OF GENERAL MEETING (ASX REPORT)

As required by section 251AA(2) of the Corporations Act 2001 (Commonwealth) the following statistics are provided in respect of each resolution on the agenda.

Resolutions voted on at the Meeting Resolutions voted on at the Meeting Proxy Votes (as at Proxy Close) Proxy Votes (as at Proxy Close) Proxy Votes (as at Proxy Close) Proxy Votes (as at Proxy Close) Poll (Manner in which votes were cast in
person or by proxy (where applicable) on
a Poll at the Meeting)
Poll (Manner in which votes were cast in
person or by proxy (where applicable) on
a Poll at the Meeting)
Poll (Manner in which votes were cast in
person or by proxy (where applicable) on
a Poll at the Meeting)
No. Short Description Strike
Y/N/NA
For Against Discretionary
(Open) Votes
Abstain For Against _Abstain_** Result
1 RATIFICATION OF PLACEMENT OF SHARES TO
SOPHISTICATED AND PROFESSIONAL INVESTORS UNDER
TRANCHE 1OF PLACEMENT
NA 104,829,712
(98.42%)
166,224
(0.16%)
1,516,246
(1.42%)
0 108,321,781
(99.85%)
166,224
(0.15%)
0 Carried
2 APPROVAL TO ISSUE TRANCHE 2 SHARES UNDER
PLACEMENT TO SOPHISTICATED AND PROFESSIONAL
INVESTORS UNDER TRANCHE 2 OF PLACEMENT
NA 104,829,712
(98.42%)
166,224
(0.16%)
1,516,246
(1.42%)
0 108,321,781
(99.85%)
166,224
(0.15%)
0 Carried
3 APPROVAL TO ISSUE FREE ATTACHING OPTIONS TO
PARTICIPANTS IN THE PLACEMENT
NA 104,379,712
(98.00%)
616,224
(0.58%)
1,516,246
(1.42%)
0 107,871,781
(99.43%)
616,224
(0.57%)
0 Carried
4 APPROVAL TO ISSUE FREE ATTACHING OPTIONS TO
SUBSCRIBERS UNDER THE SHARE PURCHASE PLAN
NA 48,292,087
(96.44%)
450,000
(0.90%)
1,334,428
(2.66%)
56,435,667 51,602,338
(99.14%)
450,000
(0.86%)
56,435,667 Carried
5 APPROVAL TO ISSUE SHARES TO NORTHERN STAR
UNDER NORTHERN STAR PLACEMENT
NA 48,704,404
(96.73%)
132,890
(0.26%)
1,513,912
(3.01%)
0 52,194,139
(99.75%)
132,890
(0.25%)
0 Carried
6 APPROVAL TO ISSUE FREE ATTACHING OPTIONS TO
NORTHERN STAR UNDER NORTHERN STAR PLACEMENT
NA 48,249,404
(95.82%)
587,890
(1.17%)
1,513,912
(3.01%)

0
51,739,139
(98.88%)
587,890
(1.12%)
0 Carried
7 APPROVAL TO ISSUE FREE ATTACHING OPTIONS TO
DARREN STRALOW
NA 47,933,931
(95.39%)
801,029
(1.59%)
1,513,912
(3.02%)
56,263,310 49,861,544
(98.42%)
801,029
(1.58%)
56,263,310 Carried
8 APPROVAL TO ISSUE FREE ATTACHING OPTIONS TO
ANTHONY REILLY
NA 99,444,907
(97.72%)
801,029
(0.79%)
1,513,912
(1.49%)
102,334 102,934,642
(99.23%)
801,029
(0.77%)
102,334 Carried
9 APPROVAL TO ISSUE FREE ATTACHING OPTIONS TO
ANTHONY KIERNAN
NA 102,841,144
(97.80%)
801,029
(0.76%)
1,513,912
(1.44%)
102,334 106,330,879
(99.25%)
801,029
(0.75%)
102,334 Carried

** - Note that votes relating to a person who abstains on an item are not counted in determining whether or not the required majority of votes were cast for or against that item