Productora de Software

Hot Chili Materially Improves Option Terms for Costa Fuego Coastal Copper Hub in Chile

Retrieved on: 
Thursday, December 7, 2023

Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.

Key Points: 
  • Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.
  • Refer to ASX Announcement "Hot Chili Delivers Next Level of Growth" ("Resource Announcement") for JORC Code Table 1 information related to the Costa Fuego Resource Estimate (MRE) by Competent Person Elizabeth Haren, constituting the MREs of Cortadera, Productora and San Antonio (which combine to form Costa Fuego).
  • Hot Chili confirms it is not aware of any new information or data that materially affects the information included in the Resource Announcement and all material assumptions and technical parameters stated for the Mineral Resource Estimates in the Resource Announcement continue to apply and have not materially changed.
  • 10 Hot Chili Limited is not aware of political, environmental or other risks that could materially affect the potential development of the Mineral Resources.

Osisko Announces Royalty Transaction With Hot Chili on the Costa Fuego Copper-Gold Project in Chile

Retrieved on: 
Wednesday, June 28, 2023

MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (“Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a binding agreement to acquire a 1.0% copper net smelter return (“NSR”) royalty and a 3.0% gold NSR royalty (the “Royalties”) from Hot Chili Limited (“Hot Chili”) covering Hot Chili’s Costa Fuego Copper-Gold Project (“Costa Fuego” or the “Project”) in Chile, for total cash consideration of US$15.0 million.

Key Points: 
  • MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (“Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a binding agreement to acquire a 1.0% copper net smelter return (“NSR”) royalty and a 3.0% gold NSR royalty (the “Royalties”) from Hot Chili Limited (“Hot Chili”) covering Hot Chili’s Costa Fuego Copper-Gold Project (“Costa Fuego” or the “Project”) in Chile, for total cash consideration of US$15.0 million.
  • Osisko has granted Hot Chili an option to buy down a portion of the royalty, which can only occur upon change of control and exercisable until the fourth anniversary of the transaction close.
  • Should Hot Chili’s ownership of these properties increase, the royalty will thereafter apply to the increased ownership level.
  • Productora is held in a joint venture, presently 80% owned by Hot Chili and Cortadera is 100% owned by Hot Chili.

EQS-News: Appointment of New Canadian Director

Retrieved on: 
Sunday, December 18, 2022

Mr Quin’s appointment will be effective once he has obtained an Australian Director Identification Number as required by Australian law and expected to occur by the end of February 2023.

Key Points: 
  • Mr Quin’s appointment will be effective once he has obtained an Australian Director Identification Number as required by Australian law and expected to occur by the end of February 2023.
  • Further, due to the Company’s listing on the TSX Venture Exchange (“TSXV"), the appointment remains subject to approval by the TSXV.
  • Non-executive Chairman Dr Nicole Adshead-Bell commented “We are very pleased to welcome a director of Stephen’s calibre to the Board of Hot Chili.
  • On confirmation of his appointment, Mr Quin will also become a member of the Company’s Audit and Risk, Remuneration and ESG and Nomination Committees.

EQS-News: Hot Chili Limited Reports Results of the 2022 Annual General Meeting held 30 November 2022 AWST

Retrieved on: 
Wednesday, November 30, 2022

Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to advise the results of its 2022 Annual General Meeting (the "AGM") held in Perth, Australia on 30 November 2022 AWST.

Key Points: 
  • Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to advise the results of its 2022 Annual General Meeting (the "AGM") held in Perth, Australia on 30 November 2022 AWST.
  • A total of 31,821,621 ordinary shares, or 26% of Hot Chili's issued shares, were represented in person or by proxy at the AGM.
  • Apart from Resolution 5, all items of business put forth at the AGM were passed by the requisite majority.
  • In accordance with the rules and policies of the TSXV, shareholder approval of the SBC Plan must be obtained annually at the Company's annual general meeting.

DGAP-News: Hot Chili Gets Electric

Retrieved on: 
Thursday, August 18, 2022

Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) (Hot Chili or Company) is pleased to announce that Chiles Central Authority Electrical Regulator has approved the Companys application for connection to the Maitencillo sub-electrical power station, located 17 km from the centre of its Costa Fuego senior copper development in Chile.

Key Points: 
  • Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) (Hot Chili or Company) is pleased to announce that Chiles Central Authority Electrical Regulator has approved the Companys application for connection to the Maitencillo sub-electrical power station, located 17 km from the centre of its Costa Fuego senior copper development in Chile.
  • As part of the Companys Pre-feasibility Studies (PFS) for Costa Fuego, Hot Chili have engaged with several electrical market providers and advisors.
  • Several non-binding long-term power quotes have been received and Hot Chili expects to start a binding process to select one or more electrical providers for the Costa Fuego copper hub in Q4 2022.
  • Hot Chili Limited is a mineral exploration company with assets in Chile.

DGAP-News: Hot Chili Limited Reports Maturity of Convertible Notes

Retrieved on: 
Thursday, June 30, 2022

Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 6,588,126 ordinary shares of the Company ("Ordinary Shares") in satisfaction of A$6,081,458.72 payable for the remaining principal amount plus accrued interest on the convertible notes of the Company that matured on June 22, 2022 (the "Maturity Date").

Key Points: 
  • Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 6,588,126 ordinary shares of the Company ("Ordinary Shares") in satisfaction of A$6,081,458.72 payable for the remaining principal amount plus accrued interest on the convertible notes of the Company that matured on June 22, 2022 (the "Maturity Date").
  • The Ordinary Shares are not subject to a statutory hold period under applicable securities laws.
  • Hot Chili Limited is a mineral exploration company with assets in Chile.
  • The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forwardlooking statements.

DGAP-News: Hot Chili Limited Reports Conversion of Convertible Notes

Retrieved on: 
Wednesday, June 8, 2022

Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 33,704 ordinary shares of the Company ("Ordinary Shares") at a deemed value of A$1.6665 per Ordinary Share to a holder of convertible notes of the Company (the "Convertible Notes") that elected to convert its Convertible Notes in accordance with the terms thereof.

Key Points: 
  • Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that it has issued an aggregate of 33,704 ordinary shares of the Company ("Ordinary Shares") at a deemed value of A$1.6665 per Ordinary Share to a holder of convertible notes of the Company (the "Convertible Notes") that elected to convert its Convertible Notes in accordance with the terms thereof.
  • The Convertible Notes were issued by the Company on the terms set out in a trust deed dated May 25, 2017 and varied June 19, 2017.
  • Hot Chili Limited is a mineral exploration company with assets in Chile.
  • The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule" and similar expressions identify forwardlooking statements.

DGAP-News: Another High Grade Boost for Cortadera 658m at 0.6% CuEq including 130m at 0.9% CuEq

Retrieved on: 
Tuesday, May 24, 2022

The PFS in-fill drill programme across Cortadera has collected important geotechnical and hydrogeological information and has also continued to define and expand high grade resources.

Key Points: 
  • The PFS in-fill drill programme across Cortadera has collected important geotechnical and hydrogeological information and has also continued to define and expand high grade resources.
  • CORMET005 was drilled across the northern flank to the high grade core within the main porphyry (Cuerpo 3) at Cortadera.
  • These high grade intersections were also outside the current high grade resource at Cuerpo 2.
  • Resource growth drilling has commenced targeting the San Antonio and Valentina high grade copper deposits, located 5 kms northeast of Cortadera.

DGAP-News: Hot Chili Limited Reports Quarterly Interest Payment on Convertible Notes

Retrieved on: 
Thursday, April 14, 2022

Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that with respect to the quarter ended 31 March 2022, the Company has paid to the holders (the "Holders") of convertible notes (the "Convertible Notes") issued on 22 June 2017 and 8 September 2017, interest (the "Interest Payment") in the amount of A$121,960.72 by the issue of 87,904 ordinary shares of the Company ("Ordinary Shares") at a deemed issue price of A$1.38695 per Ordinary Share.

Key Points: 
  • Hot Chili Limited (ASX:HCH; TSXV:HCH; OTCQX:HHLKF) ("Hot Chili" or the "Company") advises that with respect to the quarter ended 31 March 2022, the Company has paid to the holders (the "Holders") of convertible notes (the "Convertible Notes") issued on 22 June 2017 and 8 September 2017, interest (the "Interest Payment") in the amount of A$121,960.72 by the issue of 87,904 ordinary shares of the Company ("Ordinary Shares") at a deemed issue price of A$1.38695 per Ordinary Share.
  • In addition Hot Chili advises that it has issued 66,606 Ordinary Shares at a deemed value of A$1.6665 per Ordinary Share to certain holders of the Convertible Notes, who elected to convert their Convertible Notes in accordance with the terms thereof.
  • The Convertible Notes were issued by the Company on the terms set out in a trust deed dated May 25, 2017 and varied June 19, 2017.
  • Hot Chili Limited is a mineral exploration company with assets in Chile.

DGAP-News: Hot Chili Limited Commences Trading on US-Based OTCQX Market

Retrieved on: 
Tuesday, April 12, 2022

Hot Chili Limited (ASX:HCH) (TSXV:HCH) (OTCQX:HHLKF) (the 'Company') is pleased to announce that its application to join the US-based OTCQX market has been accepted and the Company's shares will commence trading in the US on the OTCQX(R) Best Market under the ticker OTCQX: HHLKF on 7 April 2022.

Key Points: 
  • Hot Chili Limited (ASX:HCH) (TSXV:HCH) (OTCQX:HHLKF) (the 'Company') is pleased to announce that its application to join the US-based OTCQX market has been accepted and the Company's shares will commence trading in the US on the OTCQX(R) Best Market under the ticker OTCQX: HHLKF on 7 April 2022.
  • The OTCQX Best Market is the highest tier of OTC Markets Group's market platforms, on which 12,000 US and international securities trade.
  • The OTCQX Market is designed for established, investor-focused U.S. and international companies.
  • Hot Chili Ltd has upgraded to OTCQX from the OTCQB(R) Venture Market where it has been trading since 6 May 2021.