ALCHEMY RESOURCES LIMITED — Capital/Financing Update 2014

Jan 29, 2014

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30 January 2014

Company Announcements Office Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2013

NON-RENOUNCEABLE ENTITLEMENT ISSUE – EXTENSION OF CLOSING DATE

Alchemy Resources Limited (ASX: ALY ) ( Company ) advises that it has resolved to extend the Closing Date for the current non-renounceable entitlement issue.

As announced to the ASX on 11 December 2013, the Company is making a 1 for 2 pro-rata nonrenounceable Entitlement Issue ( Entitlement Issue or Offer ) of up to 78,426,477 new fully paid shares ( New Shares ) at an issue price of $0.025 per New Share to raise up to $1,960,662 (before costs). Eligible Shareholders may also apply for Shortfall Shares in addition to their entitlement.

The Closing date for the Offer has been extended by a further 5 business days to 14 February 2014 . The revised indicative timetable is set out below.

Announcement of Entitlement Issue and Lodgement of Prospectus 11 December 2013 Ex Date – shares trade ex Entitlement 16 December 2013 Record date to determine Entitlement 20 December 2013 Prospectus with Entitlement and Acceptance Form sent to Shareholders 24 December 2013 Offer opens for receipt of Applications 24 December 2013 Closing date for receipt of Acceptances 14 February 2014 Issue New Shares and despatch of shareholding statements 24 February 2014 Trading of New Shares expected to commence 25 February 2014

The dates above are indicative only and subject to change. The Company reserves the right, subject to the Corporations Act and the Listing Rules, to change any date including further extending the Closing Date of the Offer or withdrawing the Offer without notice. Any extension of the Closing Date will have a consequential effect on the issue date of New Shares.

Eligible Shareholders will need to ensure their application moneys for their entitlements and any Shortfall Shares are received by Security Transfer Registrars Pty Ltd by no later than 5.00pm (AEDT) on 14 February 2014.

GPO Box 2815 T: +61 8 9481 4400 E: admin@alchemyresources.com.au Perth WA 6001 F: +61 8 9481 4404 W: www.alchemyresources.com.au

Level 2, 72 Kings Park Road West Perth WA 6005

The Prospectus for the Entitlement Issue has been mailed to eligible shareholders and is available on the ASX website and the Company’s website. Eligible shareholders should read the prospectus and will need to complete the personalised Entitlement and Acceptance Form which accompanies the Prospectus to apply for New Shares and Shortfall Shares.

Yours sincerely

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Oscar Aamodt Chairman

T: +61 8 9481 4400 E: admin@alchemyresources.com.au F: +61 8 9481 4404 W: www.alchemyresources.com.au

Level 2, 72 Kings Park Road West Perth WA 6005

GPO Box 2815 Perth WA 6001