BUXTON RESOURCES LIMITED — Director's Dealing 2011

Mar 10, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Buxton Resources Ltd
ABN	86 125 049 550

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Seamus Cornelius
Date of last notice	6 December 2010

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Kongming Investments Ltd (Mr Cornelius isa director of Kongming)
Date of change	4 March 2011
No. of securities held prior to change	500,000 ordinary shares (Seamus Cornelius)62,500 ordinary shares (KongmingInvestment)
Class	Ordinary sharesListed options
Number acquired	367,897183,948
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$80,937.34

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	625,000 ordinary shares (Seamus Cornelius)	625,000 ordinary shares (Seamus Cornelius)	625,000 ordinary shares (Seamus Cornelius)	625,000 ordinary shares (Seamus Cornelius)
	78,125 ordinary	shares (Kongming
			Investment)
	62,500 $0.30	options	expiring	31/1/16
	(Seamus Cornelius)
	7,812$0.30	options	expiring	31/1/16
	(Kongming Investment)
Nature of change	Rights issue
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade
to proceed during this period?

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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