BUXTON RESOURCES LIMITED — Capital/Financing Update 2017

May 10, 2017

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MARKET RELEASE

11 May 2017

BUXTON RESOURCES LIMITED

TRADING HALT

The securities of Buxton Resources Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 15 May 2017 or when the announcement is released to the market.

Security Code: BUX

Wade Baggott Principal Adviser, Listings Compliance (Perth)

ASX Compliance Pty Limited ABN 26 087 780 489

Level 40, Central Park 152‐158 St Georges Terrace Perth WA 6000

www.asx.com.au Customer service 13 12 79

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11 May 2017

Mr Wade Baggott Australian Securities Exchange Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

Dear Mr Baggott,

TRADING HALT REQUEST

Buxton Resources Limited (ASX: BUX) hereby makes application for a trading halt of its securities and provides the following information in relation to Listing Rule 17.1:

• The Company makes the request pending an announcement of a capital raising;

• The Company requests the securities remain in pre-open until the earlier of an announcement of a capital raising or the commencement of trade on Monday 15[th] May 2017; and

• The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely,

Sam Wright Company Secretary

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 info@buxtonresources.com.au