ALCHEMY RESOURCES LIMITED — Share Issue/Capital Change 2021

Nov 11, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

ALCHEMY RESOURCES LIMITED

Date of this announcement

Friday November 12, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
ALYAM	OPTION EXPIRING VARIOUS DATES EX	2,000,000	08/11/2021
	VARIOUS PRICES

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

1 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

ALCHEMY RESOURCES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ACN

Registration number

124444122

1.3 ASX issuer code

ALY

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

12/11/2021

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

==> picture [8 x 8] intentionally omitted <==

has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to

ASX in an Appendix 3B

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

ALYAM : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

8/11/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

• • Refer to Annexure B of the Notice of Annual General Meeting for 2020: https://cdn api.markitdigital.com/apiman gateway/ ASX/asx-research/1.0/file/2924-02292001-6A1000428?access_token=83ff96335c2d45a094df02a206a39ff

Any other information the entity wishes to provide about the +securities the subject of this notification

The Unlisted Options are exercisable at $0.025, expire on 08-Nov-2024 and vest on 14-Sep-2022. Options are being issued as a form of incentive based remuneration to an employee of the organisation subject to vesting conditions.

Issue details

Number of +securities

1,000,000

Additional +securities in an existing class issued under an +employee incentive scheme

ASX +security code and description

ALYAM : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Date the +securities the subject of this notification were issued

8/11/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

• • Refer to Annexure B of the Notice of Annual General Meeting for 2020: https://cdn api.markitdigital.com/apiman gateway/ ASX/asx-research/1.0/file/2924-02292001-6A1000428?access_token=83ff96335c2d45a094df02a206a39ff

Any other information the entity wishes to provide about the +securities the subject of this notification

The Unlisted Options are exercisable at $0.035, expire on 08-Nov-2024 and vest on 14-Sep-2023. Options are being issued as a form of incentive based remuneration to an employee of the organisation subject to vesting conditions.

Issue details

Number of +securities

1,000,000

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

5 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
ALY : ORDINARY FULLY PAID	840,304,315
ALYN : ORDINARY FULLY PAID DEFERRED	112,040,575
4.2 Unquoted +Securities (Total number of each +class of +securities issued but	not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
ALYAS : PERFORMANCE RIGHTS	10,000,000
ALYAR : OPTION EXPIRING 31-DEC-2023 EX $0.0252	7,000,000
ALYAM : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	2,250,000
ALYAQ : OPTION EXPIRING 30-SEP-2022 EX 3C	33,429,776

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

6 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

13

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

7 / 7