Hot Chili Limited has successfully closed its entitlement offer, raising A$14.1 million before costs, thanks to strong demand from shareholders in Australia, Canada, and other international jurisdictions. The funding will support key growth milestones for the Costa Fuego copper-gold project in Chile, including the completion of a strategic partnering process and the commencement of phase-two diamond drilling at the La Verde discovery. The company's expansion plans are bolstered by a favorable copper and gold price environment, positioning Hot Chili as a prominent player in the development pipeline for large-scale copper projects.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hot Chili Limited published the original content used to generate this news brief via CNW (Ref. ID: C4711) on September 05, 2025, and is solely responsible for the information contained therein.
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