BUXTON RESOURCES LIMITED — Major Shareholding Notification 2011

Oct 3, 2011

Form 604
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Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Seadwest ACN/ARSN	BUXTON RESOURCES LIMITED 550 849
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable).	RONALD SMIT
There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated	$2200$ coll 74,63, 2011 14/03/201

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 scireme that the substantial holder or an associate (2) had a refovant interest (3) in when last regulacit, 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 natice
	Person's votes	-Voting power (5)	Person's votes!	-Voting power (5)
– Fillu . Ordm ary laid	1340000	0. U O	∧N∪

3. Changes in relevant interests

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 change	Person whose refevant interest. changed.	Nature of ichange (6).	Consideration given in relation. to change (7).	Class and number of securities affected	Person's votes affected.
72,	Julie Smit	Sold on-market	a b	000	18 Sint
	die Smit	Dold on marlest	\$125 $\mathbb{R}^n$	.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 re evant. interest.	Registered hoider of securities	Person entitied. to be registered. as holder (8).	Nature of relevanti interest (6).	Class and number of securities. FPO	Person's votes.
Ro∩Smi+. w iesmit	Kon Smit Julie SMIT	Kon Jmit mit	Holder Λρι MOI	613000	25000002500000 $\overline{c}o$

5. Changes in association

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

$-1$ -Name and ACN/ARSN (if applicable).	-Nature of association -	.	-----
$-$	____ $\cdots$	___
______	$\sim$ $-$ ----	_____

6. Addresses

The addresses of persons hamed in this form are as to lows.

Name	Address
RON M I l トル		EAKF	$\epsilon$ . .	NORTH	سراما '⊬∠⊓H	.୦୦%

Signature

DIRECTIONS

• $(1)$ If there are a number of substant allholders with similar or related relevant interests (eq. a 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
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• ${4}$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(6)$ Include details of:
• any relevant agreement or other circumstances because of word) the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any fa) cocument solling out the terms of any relevant agreement, and a statement by the person giving full and accurate dotails 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 berson to exercise, control the exercise of, or influence the exercise of, the vating powers or idisposal of the securities to $\langle \zeta \rangle$ which the relevant interest relates (incluating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2002.

• $\langle 7 \rangle$ Details of the consideration must include any and all penelits, money and other, that any person from whom a relevant interest was acquired has, or may, becomile entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder of its associate in relation to the acculs Lons, even if they are not baid directly to the person from whom the relevant interest was acquired.
• $(8)$ If the substantial nolder is unable to determine the identity of the porson (eg. if the relevant interest arises because of an option) write funknown".
• $\left\langle 9\right\rangle$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding netro-