BUXTON RESOURCES LIMITED — Share Issue/Capital Change 2025

Jun 5, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

BUXTON RESOURCES LIMITED

Date of this announcement

Friday June 06, 2025

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unlisted Options Exercise Price 4.5c Expiry Date	10,000,000	06/06/2025
to be confirmed	30 June 2027

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

BUXTON RESOURCES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 86125049550

1.3 ASX issuer code

BUX

1.4 The announcement is

New announcement

1.5 Date of this announcement

6/6/2025

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Lead Manager Options to Argonaut as approved by shareholders on 30 May 2025

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class)

New +securities

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----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed Unlisted Options Exercise Price 4.5c Expiry Date 30 June2027+Security type ISIN codeOptionsDate the +securities the subject of this notification were issued6/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?YesHave you received confirmation from ASX that the terms of the +securities are appropriate and equitable underlisting rule 6.1?NoPlease provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.-Schedule 1 of Notice of General Meeting - chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/ https://cdn api.markitdigi tal.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02941878-6A1262725&v=04711220c3a57065317ba4efca4a345 9a4e46882----- End of picture text -----

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.04500000	30/6/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

BUX : ORDINARY FULLY PAID

Any other information the entity wishes to provide about the +securities the subject of this notification

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Lead Manager Options to Argonaut as approved by shareholders on 30 May 2025

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities
10,000,000
Were the +securities issued for a cash consideration?
Yes
In what currency was the cash consideration being	What was the issue price per +security?
paid?
AUD - Australian Dollar	AUD 0.00001000
Purpose of the issue
To pay for services rendered
Additional DetailsLead Manager Options

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
BUX : ORDINARY FULLY PAID	266,909,235
BUXO : OPTION EXPIRING 31-JUL-2026	19,372,056

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
BUXAG : OPTION EXPIRING 15-MAY-2030 EX $0.065	25,000,000
BUXAP : OPTION EXPIRING 25-OCT-2025 EX $0.14	8,500,000
BUXAF : OPTION EXPIRING 30-NOV-2026 EX $0.30	9,000,000
New class - code to be confirmed : Unlisted Options Exercise Price 4.5c Expiry Date 30	10,000,000
June 2027

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

30/5/2025

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