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ALCHEMY RESOURCES LIMITED Capital/Financing Update 2019

Aug 27, 2019

64369_rns_2019-08-27_cba5bb0b-3298-4494-b375-4e44fc1b690f.pdf

Capital/Financing Update

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28 August 2019

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

NON-RENOUNCEABLE ENTITLEMENT OFFER – 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 7 August 2019, the Company is making a 1 for 4 pro-rata nonrenounceable Entitlement Issue ( Entitlement Issue or Offer ) of up to 110,104,870 new fully paid shares ( New Shares ) at an issue price of $0.012 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 9 September 2019 . The revised indicative timetable is set out below.

Announcement of Entitlement Offer and Lodgement of Prospectus with ASX 7 August 2019
Shares quoted on an “EX” basis 9 August 2019
Record Date for determining Entitlements 12 August 2019
Prospectus and Application Form dispatched to Eligible Shareholders. Offer 15 August 2019
opens for receipt of Applications.
Closing Date of Entitlement Offer (5pm WST) 9 September 2019
Shares quoted on a deferred settlement basis 10 September 2019
Notification of Shortfall 12 September 2019
Anticipated date for issue of Shares. Deferred settlement trading ends. 16 September 2019
Trading of New Shares expected to commence 17 September 2019

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 9 September 2019.

GPO Box 2815 T: +61 8 9481 4400 E: [email protected] Perth WA 6001 F: +61 8 9481 4404 W: www.alchemyresources.com.au

Suite 8, 8 Clive Street 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 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.

If you have any queries concerning the Entitlement Offer, please contact the Company Secretary on +61 (08) 9481 4400.

Yours sincerely

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Lindsay Dudfield

Non-Executive Chairman

T: +61 8 9481 4400 E: [email protected] F: +61 8 9481 4404 W: www.alchemyresources.com.au

Suite 8, 8 Clive Street West Perth WA 6005

GPO Box 2815 Perth WA 6001