ALCHEMY RESOURCES LIMITED — Share Issue/Capital Change 2023

Dec 28, 2023

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 December 29, 2023

The +securities the subject of this notification are:

==> picture [8 x 9] intentionally omitted <==

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unquoted Options exercisable at $0.025 expiring	9,000,000	29/12/2023
to be confirmed	31 December 2026
New class - code	Unquoted Options exercisable at $0.04 expiring 31	5,000,000	29/12/2023
to be confirmed	December 2026
New class - code	Unquoted Options exercisable at $0.06 expiring 31	6,000,000	29/12/2023
to be confirmed	December 2026

Refer to next page for full details of the announcement

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

1 / 9

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

29/12/2023

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

2 / 9

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

Part 2 - Issue details

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

2.1 The +securities the subject of this notification are:

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

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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 <==

does not have an existing ASX security code ("new class")

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

3 / 9

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

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

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code +Security description New class - code to be confirmed Unquoted Options exercisable at $0.025 expiring 31 December 2026 +Security type ISIN code Options Date the +securities the subject of this notification were issued 29/12/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
James Wilson	James Wilson	4,000,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. See Schedule 1 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02590341-6A1118853

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.02500000 31/12/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

ALY Fully Paid Ordinary Shares

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

4 / 9

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

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

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 See Schedule 1 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02590341-6A1118853

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

Issue details

Number of +securities

9,000,000

ASX +security code New class - code to be confirmed	+Security description Unquoted Options exercisable at $0.04 expiring 31 December 2026
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued

29/12/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
James Wilson	James Wilson	5,000,000

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

==> picture [9 x 8] intentionally omitted <==

No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. See Schedule 1 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02590341-6A1118853

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

5 / 9

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

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

Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.04000000 31/12/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

ALY Fully Paid Ordinary Shares

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

See Schedule 1 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02590341-6A1118853

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

Issue details

Number of +securities

5,000,000

ASX +security code +Security description

New class - code to be confirmed Unquoted Options exercisable at $0.06 expiring 31 December 2026

+Security type ISIN code

Options

Date the +securities the subject of this notification were issued

29/12/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

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

6 / 9

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

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

==> picture [9 x 6] intentionally omitted <==

Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP Name of registered holder Number of +securities James Wilson James Wilson 6,000,000 Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. See Schedule 1 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02590341-6A1118853

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.06000000 31/12/2026

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other

Description

ALY Fully Paid Ordinary Shares

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 See Schedule 1 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02590341-6A1118853

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

Issue details

Number of +securities

6,000,000

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

7 / 9

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	1,178,076,256

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	15,550,000
ALYAW : OPTION EXPIRING 23-DEC-2025 EX $0.0405	6,000,000
New class - code to be confirmed : Unquoted Options exercisable at $0.025 expiring 31	9,000,000
December 2026
New class - code to be confirmed : Unquoted Options exercisable at $0.04 expiring 31	5,000,000
December 2026
New class - code to be confirmed : Unquoted Options exercisable at $0.06 expiring 31	6,000,000
December 2026

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

8 / 9

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

9 / 9