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ALCHEMY RESOURCES LIMITED Capital/Financing Update 2021

Nov 2, 2021

64369_rns_2021-11-02_23de3751-3119-4745-92a3-45caa4640027.pdf

Capital/Financing Update

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3 November 2021

Company Announcements Office Australian Securities Exchange Limited Exchange Centre 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 11 October 2021, the Company is making a 1 for 6 pro-rata nonrenounceable Entitlement Issue (Entitlement Issue or Offer) of up to 112,040,575 new fully paid shares (New Shares) at an issue price of $0.011 per New Share to raise up to $1,232,446 (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 15 November 2021. The revised indicative timetable is set out below.

Event Date/ Time
Announcement of Entitlement Offer to ASX Monday, 11 October 2021
Lodgement of Prospectus with ASIC and ASX Tuesday, 12 October 2021
Ex date Friday, 15 October 2021
Record date for determining Entitlements Monday, 18 October 2021
Prospectus despatched to Eligible Shareholders with
personalised Entitlement and Acceptance Form and Company
announces despatch has been completed.
Notice also sent to Ineligible Shareholders
Thursday, 21 October 2021
Last day to extend the Offer Closing Date Wednesday, 10 November 2021
Entitlement Offer Closing Date 5.00pm (Sydney time) on
Monday,15 November 2021
Shares under the Entitlement Offer quoted on a deferred
settlement basis(if agreed byASX)
Tuesday, 16 November 2021
ASX announcement of results of Entitlement Offer
Issue date / Shares issued under the Entitlement Offer
entered into Shareholders’ security holdings
Lodgement of Appendix 2A for the Shares issued under the
Entitlement Offer with ASX
Before 9.00am (WST) Monday,
22 November 2021
Quotation of Shares issued under the Entitlement Offer Tuesday, 23 November 2021

Alchemy Resources Limited

ABN: 17 124 444 122

T: 9481 4400 | E: [email protected] | W: www.alchemyresources.com.au 8/8 Clive Street, West Perth 6005, WA

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 Automic Pty Ltd by no later than 5.00pm (Sydney time) on Monday, 15 November 2021.

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) 6245 2050.

Yours sincerely

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Lindsay Dudfield

Non-Executive Chairman