ALCHEMY RESOURCES LIMITED — Capital/Financing Update 2021

Oct 18, 2021

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19 October 2021

Issue of Placement Shares – S708 Cleansing Notice

Alchemy Resources Ltd ( Alchemy or the Company , ASX: ALY) is pleased to advise that the placement announced to the market on 11 October 2021 has settled today and 168,060,862 fully paid ordinary shares ( Shares ) have been issued at $0.011 per share to raise a total of $1,848,669. The Company has issued 100,836,517 shares utilising its existing placement capacity under Listing Rule (LR) 7.1 and 67,224,345 have been issued using its capacity under LR 7.1A.

The Company relies on section 708A of the Corporations Act 2001 (Cth) (the Act) in relation to the Issue.

In accordance with section 708A(5)(e) of the Act the following information is provided:

• 1. This notice is being given within five (5) business days after the day of Issue;
• 1. The Issue was made without disclosure to investors under Part 6D.2 of the Act;
• 1. This notice is given under section 708A(5)(e) of the Act;
• 1. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and
• 1. As at the date of this notice, there is no excluded information to be provided in accordance with section 708A(6)(e) of the Act.

The release of the associated Appendix 2A for the issue will follow this cleansing notice.

On behalf of the Board

Carly Terzanidis

Company Secretary

Alchemy Resources Ltd Ends

This announcement has been approved for release by the 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