ALCHEMY RESOURCES LIMITED — Director's Dealing 2010

Sep 6, 2010

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	ALCHEMY RESOURCES LIMITED
ABN	17 124 444 122

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Warwick Jeffrey Davies

Date of last notice 31 July 2008

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	3 September 2010
No. of securities held prior to change	A. 396,500 B. 554,750 C. 1,000,000
Class	A. Ordinary Fully Paid Shares B. Options exercisable at $0.25 on or before 31 August 2010 C. Options exercisable at $0.25 on or before 30 June 2011
Number acquired	A. 400,000
Number disposed	B. 400,000 options exercised B. 154,750 options lapsed
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	B. $100,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	A. 796,500 B. NIL C. 1,000,000
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	Exercise of listed options expiring 31 August 2010 and expiry of remaining options not exercised.

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	ALCHEMY RESOURCES LIMITED
ABN	17 124 444 122

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Robert Hartley Downey

Date of last notice 31 July 2008

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	1. Direct 2. Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Canaccord Capital (Australia) Pty Ltd (Director)
Date of change	3 September 2010
No. of securities held prior to change	2A. 4,896,000 2B. 4,264,000 1C. 750,000
Class	A. Ordinary Fully Paid Shares B. Options exercisable at $0.25 on or before 31 August 2010 C. Options exercisable at $0.25 on or before 30 June 2011
Number acquired	2A. 677,500
Number disposed	2B.i 677,500 (options exercised) 2B.ii 3,586,500 (options sold)
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	2B.i $169,375 2B.ii $84,730

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	2A. 5,573,500 2B. NIL 1C. 750,000
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	2B.i Exercise of listed options expiring 31 August 2010. 2B.ii Sale of options on‐market and off‐ market to related parties and existing sophisticated and professional investors in Alchemy.

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	ALCHEMY RESOURCES LIMITED
ABN	17 124 444 122

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director John Phillip Arbuckle

Date of last notice 31 July 2008

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	1. Direct 2. Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Canaccord Capital (Australia) Pty Ltd (Director)
Date of change	3 September 2010
No. of securities held prior to change	2A. 4,896,000 2B. 4,264,000 1C. 750,000
Class	A. Ordinary Fully Paid Shares B. Options exercisable at $0.25 on or before 31 August 2010 C. Options exercisable at $0.25 on or before 30 June 2011
Number acquired	2A. 677,500
Number disposed	2B.i 677,500 (options exercised) 2B.ii 3,586,500 (options sold)
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	2B.i $169,375 2B.ii $84,730

• See chapter 19 for defined terms.

Appendix 3Y Page 1

30/9/2001

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	2A. 5,573,500 2B. NIL 1C. 750,000
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	2B.i Exercise of listed options expiring 31 August 2010. 2B.ii Sale of options on‐market and off‐ market to related parties and existing sophisticated and professional investors in Alchemy.

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

30/9/2001