ALCHEMY RESOURCES LIMITED — Capital/Financing Update 2018

Jul 3, 2018

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4 July 2018

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 12 June 2018, the Company is making a 1 for 4 pro-rata nonrenounceable Entitlement Issue ( Entitlement Issue or Offer ) of up to 88,083,896 new fully paid shares ( New Shares ) at an issue price of $0.015 per New Share to raise up to $1,321,258 (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 5 business days to 16 July 2018 . The revised indicative timetable is set out below.

Announcement of Entitlement Offer and Lodgement of Prospectus with ASX	12 June 2018
Shares quoted on an “EX” basis	15 June 2018
Record Date for determining Entitlements	18 June 2018
Prospectus and Entitlement and Acceptance Form dispatched to Eligible	21 June 2018
Shareholders. Offer opens for receipt of Applications.
Closing Date of Entitlement Offer (5pm WST)	16 July 2018
Shares quoted on a deferred settlement basis	17 July 2018
Anticipated date for issue of Securities. Deferred settlement trading ends.	23 July 2018
Trading of New Shares expected to commence	24 July 2018

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 Australia Pty Ltd by no later than 5.00pm (WST) on Monday 16 July 2018.

Suite 8, 8 Clive Street West Perth WA 6005

GPO Box 2815 T: +61 8 9481 4400 Perth WA 6001 F: +61 8 9481 4404

W: www.alchemyresources.com.au

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 if not paying via BPAY 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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Lindsay Dudfield Chairman

Suite 8, 8 Clive Street West Perth WA 6005

T: +61 8 9481 4400 F: +61 8 9481 4404

GPO Box 2815 Perth WA 6001

W: www.alchemyresources.com.au