Alchemia Ltd

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View Prospectus

From the Prospectus

APH is based in Victoria (Geelong) and is a vertically integrated hemp business selling a range of products under the APH brand, to retail, wholesale and white label customers in Australia. Specifically, APH engages in growing, producing and selling hemp product, handling all areas of the hemp value chain, encompassing: selection, farming, processing, manufacturing, quality assessment, packaging as well as distribution and sale of bulk and retail products.

Chairman’s Letter

Dear Investor

On behalf of the Board of Alchemia Limited, it is my pleasure to present this Prospectus and to offer you the opportunity become a shareholder of the Company.

Changes to the Australia New Zealand Food Standards Code (FSANZ) which came into effect in November 2017 now allow for the sale of hemp food products, which has led to a nascent, but rapidly growing industry for alternative protein sources in addition to the other verticals for hemp sales.

Alchemia proposes to become a Company operating in the hemp product sector, supplying 100% Australian grown and manufactured hemp products, through the acquisition of Australian Primary Hemp Ltd (APH). Alchemia announced the execution of a Share Sale Agreement to acquire 100% of the share capital of APH on 21 June 2019.

APH is based in Victoria (Geelong) and is a vertically integrated hemp business selling a range of products under the APH brand, to retail, wholesale and white label customers in Australia. Specifically, APH engages in growing, producing and selling hemp product, handling all areas of the hemp value chain, encompassing: selection, farming, processing, manufacturing, quality assessment, packaging as well as distribution and sale of bulk and retail products.

APH was founded in 2016 with a multi-layered approach to:

  • establish a network of farmers to grow the hemp seed under contract and produce hemp grain;
  • purchase FINOLA® hemp seed under an exclusive supply agreement in Australia (and other varieties of hemp seed);
  • establish Australia’s largest hemp facility in Victoria, to process and package hemp grain; and
  • produce and sell hemp including their own branded hemp products.

APH is now an established and revenue-generating business, holding all necessary licenses, permits and approvals to conduct its business.

The purpose of the Offer is to raise $5,700,000 via the issue of 570,000,000 New Shares at $0.01 per share (on a pre-Consolidation basis) (being 28,500,000 Shares at $0.20 per share (on a postConsolidation basis)) to provide capital to accelerate the growth of APH.

An investment in Alchemia (subject to the reverse takeover of APH) involves a number of risks, including risks associated with investing in an early stage company, operating in an industry which is subject to new legislative and licensing regimes, counterparty risk regarding its operations as well as agricultural and other associated risks. A key risks summary is identified in section 1.3 in this Prospectus and further outlined in section 5.

This Prospectus also includes detailed information about the Offer, as well as the financial position, operations, management team, and other details that may be relevant when assessing an investment in the Company. I encourage you to read this Prospectus carefully and in its entirety before making your investment decision and, if required, consult with your stockbroker, solicitor, accountant or other independent professional adviser.

On behalf of the Board, I present the Offer to you and look forward to welcoming you as a shareholder of the Company.

Yours sincerely

Cameron Petricevic,

Chair