BUXTON RESOURCES LIMITED — Major Shareholding Notification 2012

Sep 11, 2012

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Buxton Resources Limited
ACN/ARSN	125 049 550
1. Details of substantial holder (1)
Name	National Business Holding (VU) Ltd
ACN/ARSN (if applicable)	N/A
The holder became a substantial holder on	11/09/2012
A Details efficities second

2. Details of 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 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)
Fully paid ordinary shares		-5.017.7	10.8760%

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
National Business Holding (VU) Ltd ("NBHVU")	Registered holder of ordinary shares under section 608(1) of the Corporations Act 2001 (Cth) ("Act")	5,017,728 fully paid ordinary shares
National Business Holding (HK) Ltd ("NBHHK")	Sole shareholder of NBHVU under section 608(3) of the Act	5,017,728 fully paid ordinary shares
China Association Limited ("CAL")	Majority shareholder of NBHHK under section 608(3) of the Act	5.017.728 fully paid ordinary shares
lChina Ocean Fuel Oil (HK) Limitedl ("COFOHK")	Sole shareholder of CAL under section 608(3) the Act
China Ocean Fuel Oil Group Co., Ltd. (BVI) ("COFOBVI")	Sole shareholder of COFOHK under section 608(3) the Act	5,017,728 fully paid ordinary shares
Globe Vision Int'l Co Ltd (BVI) ("GVIC")	Sole shareholder of COFOBVI under section 608(3) the Act	5,017,728 fully paid ordinary shares
Mr HONG Yick Sum	Sole shareholder of GVIC under section 608(3) the Act	5,017,728 fully paid ordinary shares

1. 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 interests	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
NBHVU	NBHVU	NBHVU	5,017,728 fully paid ordinary shares
NBHHK	NBHVU	NBHVU	5,017,728 fully paid ordinary shares
CAL	NBHVU	NBHVU	5,017,728 fully paid ordinary shares
COFOHK	NBHVU	NBHVU	5,017,728 fully paid ordinary shares
COFOBVI	NBHVU	NBHVU	5,017,728 fully paid ordinary shares
GVIC	NBHVU	NBHVU	5,017,728 fully paid ordinary shares
Mr HONG Yick Sum	NBHVU	NBHVU	5,017,728 fully paid ordinary shares

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
		Cash	Non-cash
NBHVII		\$1,254,432	Nil	5,017,728 fully paid ordinary shares

6. Associates

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

ame and ACN/ARSN (if applicable)	Nature of association
NBHHK	Sole shareholder of NBHVU
CAL	Majority shareholder of NBHHK
COFOHK	Sole shareholder of CAL
COFOBVI	Sole shareholder of COFOHK
GVIC	Sole shareholder of COFOBVI
Mr HONG Yick Sum	Sole shareholder of GVIC

7. Addresses

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

Name	Address
NBHVU	PO BOX 157, Port Vila, Vanuatu (Lot 97 Peakcock Estate, Malapoa, Port Vila, Vanuatu)
NBHHK	Room 1705, 17th Flood, Convention Plaza Office Tower, 1 Harbour Road, Wanchai, Hong Kong
CAL	28F, Guangdong Finance Building, 88-91 Connaught Road West, Hong Kong
COFOHK	28F, Guangdong Finance Building, 88 Connaught Road West, Sheung Wan, Hong Kong
COFOBVI	PO Box 957, Offshore Incorporations Centre, Road Tow, Tortola, British Virgin Islands
GVIC	PO Box 957, Offshore Incorporations Centre, Road Tow, Tortola, British Virgin Islands
Mr HONG Yick Sum	37B, Tower 6, Residence Bel-Air (Phase 6), Cyber-Port, Hong Kong

Signature

print name Mr Liu Xing Zhou Director Date sign here DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. 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 7 of the form.
• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.
• (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 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 interest in.
• (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• (7) Include details of:
• (a) 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 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
• (b) 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 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.
• (8) 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".
• (9) 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 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 or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.