BUXTON RESOURCES LIMITED — Capital/Financing Update 2011

Feb 27, 2011

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28 February 2011

The Manager Company Announcements Australian Stock Exchange Limited Via Electronic Lodgement

Dear Sir/Madam

RIGHTS ISSUE ACCEPTANCES

Buxton Resources Limited (ASX: BUX) advises that it has received valid acceptances from shareholders for 6,801,903 shares pursuant to the Rights Issue lodged with ASIC and ASX on 24 January 2011.

Securities will be allotted and holding statements dispatched to shareholders as per the timetable.

Yours sincerely,

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Jodi Haslinger Company Secretary

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Buxton Resources Limited ABN : 86 125 049 550 50 Derby Road, Subiaco WA 6008 Mailing Address: PO Box 9028, Subiaco, WA 6008 Phone: 08-9380 6063 Fax: 08-93814056 www.buxtonresources.com.au