ALCHEMY RESOURCES LIMITED — Capital/Financing Update 2021

Oct 20, 2021

21 October 2021

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BOARD AND MANAGEMENT

MR LINDSAY DUDFIELD NON-EXECUTIVE CHAIRMAN

NON-RENOUNCEABLE PRO-RATA ENTITLEMENT OFFER

MR JAMES WILSON

CHIEF EXECUTIVE OFFICER

MS LIZA CARPENE NON-EXECUTIVE DIRECTOR

MR ANTHONY HO NON-EXECUTIVE DIRECTOR

DISPATCH OF PROSPECTUS AND ENTITLEMENT AND ACCEPTANCE FORM

MS JESSAMYN LYONS JOINT COMPANY SECRETARY

MS CARLY TERZANIDIS JOINT COMPANY SECRETARY

PROJECTS

Alchemy Resources Limited (ASX: ALY) (“Alchemy”) confirms that it has today mailed the prospectus for the pro-rata entitlement offer, together with a personalised Entitlement and Acceptance Form, to eligible shareholders, being those shareholders who were registered at the record date of 7.00pm AEDT on Monday, 18 October 2021 with an address in Australia or New Zealand.

LAKE REBECCA (ALY 100%, WA) KARONIE (ALY 100%, WA) LACHLAN (ALY 80%, NSW) WEST LYNN (ALY 80%, NSW) BRYAH BASIN (ALY 20% & SGI 80%, WA) BRYAH BASIN (ALY 20% & SFR 80%, WA)

This announcement has been approved for release by the Alchemy Board.

For further information please contact:

James Wilson Chief Executive Officer

E: james@alchemyresources.com.au

P: 08 9481-4400

Alchemy Resources Limited

ABN: 17 124 444 122

T: 9481 4400 | E: info@alchemyresources.com.au | W: www.alchemyresources.com.au 8/8 Clive Street, West Perth 6004, WA