BUXTON RESOURCES LIMITED — Major Shareholding Notification 2008

Nov 11, 2008

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To	Company Name/Scheme	BUXTON RESOURCES LIMITED
ACN/ARSN		125 049 550
1.	Details of substantial holder(1)
Name ACN/ARSN (if applicable)		RON SMIT
There was a change in the interests of the substantial shareholder on 11/11/08
The previous notice was given to the company on		23/10/07
The previous notice was dated		23/10/07

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of Securities(4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Fully Paid	3.205.000	9.97%	3,340,000	$10.4\%$

Changes in relevant interests 3.

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of	Person whose	Nature of	Consideration	Class and	Person's votes
change	relevant interest changed	change (6)	given in relation to change (7)	number of securities affected	affected
11.11.08	Julie Smit	purchased on market	\$3,865	95.000	Julie Smit
		purchased off market	\$1,600	40,000

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered	Person entitled	Nature of	Class and	Person's votes
relevant	holder of	to be registered	relevant	number of
interest	securities	as holder (8)	interest $(6)$	securities
Julie Smit	Julie Smit	Julie Smit	Holder	1,155,000 ORD	1,155,000
Ron Smit	Ron Smit	Ron Smit	Holder	2,185,000 ORD	2,185,000

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
	N/A

6. Addresses

Name	Address
Ron & Julie Smit	44 Leake St, North Perth WA 6006

Signature

Print name	Ron Smit	capacity
Sign here			date	12/11/2008

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. A $(1)$ corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Law.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Law.