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BUXTON RESOURCES LIMITED — Capital/Financing Update 2013
Mar 11, 2013
64585_rns_2013-03-11_4928fb87-d01f-4c16-bc1b-92762ea6c880.pdf
Capital/Financing Update
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ASX Release
12[th] March 2013
CAPITAL RAISING
Buxton Resources Limited (ASX: BUX & BUXO) is pleased to announce that it has raised $2,300,000 before costs, by way of a placement of 5,000,000 shares at $0.46 per share.
The shares have been placed to (1) Buxton’s major shareholder, NBH Group; (2) a Hong Kong based resources fund; (3) a private equity fund; and (4) institutional and sophisticated clients of Mac Equity Partners Pty Ltd.
Funds raised from the placement will be used to facilitate exploration programs at Widowmaker Nickel Copper Project and Yalbra Graphite Project and provide working capital.
For further details please contact:
Anthony Maslin Managing Director [email protected]
PO Box 9028 Subiaco WA 6008 Suite 1, First Floor 14-16 Rowland Street Subiaco WA 6008
Tel: 08-9380 6063 Fax: 08-9381 4056 www.buxtonresources.com.au [email protected]