BUXTON RESOURCES LIMITED — Major Shareholding Notification 2009

Feb 16, 2009

page 1/2 15 July 2001 603

	Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	BUXTON RESOURCES LIMITED
ACN/ARSN
1. Details of substantial holder (1) Name ACN/ARSN (if applicable)	GREG + JO-ANNE BEIRNE
The holder became a substantial holder on	18/12/08
2. Details of voting power	the contract of the contract of the con-

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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
$F, P.$ 9.	2, 121, 573	2, 121, 573

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
KLIP PM UD CBEIRNE		FP0 2, 121, 573
$SUPER$ FUND ALC $7$

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
AS ABOVE

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
KLIP	$UP$ $PQ$ $(8-12.08)$	Cash	Non-cash
		66399		2, 121, 573

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Nature of association
SUPER FUND OF OWNERS

7. Addresses

The addresses of persons named in this form are as follows:

COUNTY Name	--------------------------------------- Address
	$POB2x$ 420
	KELLYVILLE 215)

Signature

print name $C$ REG BEIRNE	capacity DIRECTOR (COMP.SEC
sign here Gueg Bene	date $16/2 /09$

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eq. a corporation and its related corporations, or the manager and trustee of an $(1)$ 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 7 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant $(5)$ interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• Include details of: $(7)$
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out $(a)$ the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $(b)$ which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• if the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". $(8)$
• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become
  entitled to receive in relation to that acquisition. Details m $(9)$ the relevant interest was acquired.