ALCHEMY RESOURCES LIMITED — Capital/Financing Update 2017

May 3, 2017

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4 May 2017

Company Announcements Office Australian Securities Exchange 20 Bridge Street SYDNEY NEW 2000

Dear Sir/Madam

NON RENOUNCEABLE PRO-RATA ENTITLEMENT OFFER – DESPATCH OF PROSPECTUS WITH ENTITLEMENT & ACCEPTANCE FORM

Alchemy Resources Limited (ASX: ALY ) confirms that it has today mailed out to Shareholders the Prospectus for the Pro-Rata Entitlement Offer, together with a personalised Entitlement and Acceptance Application Form to eligible shareholders, being those shareholders who were registered at the record date at 5.00pm (WST) on 1 May 2017.

Yours faithfully

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Bernard Crawford Company Secretary

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

Suite 8, 8 Clive Street West Perth WA 6005