HCH

Hot Chili Executes Option to Acquire Cometa Project in Chile

Retrieved on: 
Wednesday, February 21, 2024

Execution of the Option follows successful due diligence and is another step in Hot Chili's consolidation strategy for the Costa Fuego copper project.

Key Points: 
  • Execution of the Option follows successful due diligence and is another step in Hot Chili's consolidation strategy for the Costa Fuego copper project.
  • The material terms of the Option are as follows:
    Non-refundable cash payment of US$100,000 to Bastion has been satisfied upon grant and execution of the Option.
  • Non-refundable cash payment of US$200,000 within 12 months from the grant of the Option to keep the Option in good standing.
  • If the Option is exercised, the consideration payable to Bastion to purchase the Cometa concessions is:
    US$2,400,000 if the Option is exercised by Hot Chili within 18 months from the date of grant of the Option; or
    US$3,000,000 if the Option is exercised by Hot Chili within 30 months from the date of grant of the Option.

HAVAS REFORMS THE TRADITIONAL ADVERTISING MODEL WITH THE LAUNCH OF HAVAS CONSUMER HEALTH

Retrieved on: 
Tuesday, February 13, 2024

LONDON, Feb. 13, 2024 /PRNewswire/ - Havas announced today the launch of Havas Consumer Health (HCH), their Creative Network's first lifestyle health & wellness brand agency specializing in accessible OTC and wellness brands.

Key Points: 
  • LONDON, Feb. 13, 2024 /PRNewswire/ - Havas announced today the launch of Havas Consumer Health (HCH), their Creative Network's first lifestyle health & wellness brand agency specializing in accessible OTC and wellness brands.
  • HCH marries experience and a deep understanding of health & wellness marketing from Havas Health & You, the global leader in health and wellness communications, with the creative and consumer-focused excellence of the Havas Creative Network.
  • "Havas Consumer Health is a uniquely blended agency born from the insight that consumers are increasingly taking ownership of their health and wellness," shared Donna Murphy, Global CEO of Havas Health & You and Havas Creative Network.
  • "The most competitive brands recognize the value in separating their consumer health businesses to meet changing consumer needs," explained Dan Weaden, Havas Consumer Health CEO.

Hot Chili Commences Next Phase of Resource Expansion Drilling Programme at Costa Fuego

Retrieved on: 
Tuesday, January 23, 2024

Next phase of Hot Chili's 30,000m resource growth focused drill programme is underway, with double- shift diamond drilling operations commencing on 12th January 2024 at the Company's low-altitude, Costa Fuego copper-gold project in Chile.

Key Points: 
  • Next phase of Hot Chili's 30,000m resource growth focused drill programme is underway, with double- shift diamond drilling operations commencing on 12th January 2024 at the Company's low-altitude, Costa Fuego copper-gold project in Chile.
  • A total of 47 Reverse Circulation (RC) drill holes for 11,500m have been completed since the Company's resource growth focused drill programme commenced in late July 2023.
  • Drilling aims to test multiple resource growth opportunities, which may allow Hot Chili to consider an up-lift in the Pre-feasibility study scale for Costa Fuego.
  • The Company is in the final stages of completing an upgrade to its mineral resource for Costa Fuego based on all drilling completed since February 2022.

Hot Chili Files NI 43-101 Technical Report for the Costa Fuego Copper-Gold Project in Chile

Retrieved on: 
Friday, August 11, 2023

PERTH, Australia, Aug. 11, 2023 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report ("The Report") for its Costa Fuego copper-gold project in Chile.

Key Points: 
  • PERTH, Australia, Aug. 11, 2023 /PRNewswire/ - Hot Chili Ltd. ("Hot Chili" or the "Company") (TSXV: HCH) (OTCQX: HHLKF) (ASX: HCH) is pleased to announce that it has filed a National Instrument 43-101 Technical Report ("The Report") for its Costa Fuego copper-gold project in Chile.
  • The report titled "Costa Fuego Copper Project NI 43–101 Technical Report Preliminary Economic Assessment" and dated August  2023, with an effective date of June 28 2023 (the "Technical Report"), was prepared pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
  • The Technical Report supports the news release dated 28 June 2023 announcing the Costa Fuego Copper-Gold Project Preliminary Economic Assessment.
  • For further information on Costa Fuego please see the Technical Report.

Hot Chili Limited Releases Corporate Presentation Outlining the Results of the Preliminary Economic Assessment for Its Costa Fuego Copper-gold Project

Retrieved on: 
Wednesday, June 28, 2023

PERTH, Australia, June 28, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to release a corporate presentation outlining the results of the Preliminary Economic Assessment (the "PEA") for its Costa Fuego Copper-Gold Project (Costa Fuego or "the Project"), located 600 km north of Santiago, at low elevation (

Key Points: 
  • PERTH, Australia, June 28, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") is pleased to release a corporate presentation outlining the results of the Preliminary Economic Assessment (the "PEA") for its Costa Fuego Copper-Gold Project (Costa Fuego or "the Project"), located 600 km north of Santiago, at low elevation (
  • The PEA was prepared in accordance with Canada's Standards of Disclosure for Mineral Projects ("NI 43-101") and has outlined one of the world's lowest capital intensity, major copper developments.
  • To access the presentation please click on the link below.
  • This announcement is authorised by the Board of Directors for release to ASX and TSXV.

Hot Chili Limited Request for Trading Halt

Retrieved on: 
Tuesday, June 27, 2023

PERTH, Australia , June 27, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") advises that, at the request of the company, its ordinary shares on the Australian Securities Exchange ("ASX") have been placed In a trading halt effective 27 June 2023.

Key Points: 
  • PERTH, Australia , June 27, 2023 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or the "Company") advises that, at the request of the company, its ordinary shares on the Australian Securities Exchange ("ASX") have been placed In a trading halt effective 27 June 2023.
  • In its letter to the ASX, the Company noted that the request for the trading halt was made pending the release of an announcement by the company concerning a form of Investment Agreement and the results of a Preliminary Economic Assessment (Scoping Study) in relation to Its Coast Fuego copper-gold project in the coastal range of the Atacama Region, Chile.
  • The Company will remain in a temporary trading halt on the ASX until the earlier of the commencement of normal trading on 29 June 2023 or when the announcement Is released to the market.
  • This announcement is authorised by the Board of Directors for release to ASX and TSXV.

EQS-News: Hot Chili Granted Access to Maritime Concession Land for Costa Fuego

Retrieved on: 
Sunday, December 18, 2022

Hot Chili Limited (ASX: HCH) (TSXV:HCH) (OTCQX: HHLKF) (“Hot Chili” or “Company”) is pleased to announce another important step toward infrastructure consolidation for the Company’s low-altitude, 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 another important step toward infrastructure consolidation for the Company’s low-altitude, Costa Fuego senior copper development in Chile.
  • The Chilean Naval Authority have granted Hot Chili access to the physical land of its Maritime Concession for extraction of sea water just 60 kilometres from the proposed location of Costa Fuego’s central processing facilities.
  • Access to the coastal land surrounding the Maritime Concession provides yet another government approval in the Company’s regulatory process to develop Costa Fuego.
  • Hot Chili was awarded its Maritime Concession in late 2020 (as announced to ASX on 7th December 2020), which provided critical water extraction rights for Costa Fuego, securing sufficient water supply for a new large-scale conventional copper-gold operation.

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.

EQS-News: Further Consolidation of Cortadera

Retrieved on: 
Wednesday, November 30, 2022

The recovery and copper equivalent formula for Cortadera Recoveries of 83% Cu, 56% Au, 83% Mo and 37% Ag.

Key Points: 
  • The recovery and copper equivalent formula for Cortadera Recoveries of 83% Cu, 56% Au, 83% Mo and 37% Ag.
  • Together, these new landholdings consolidate the western extension of Cortadera and allow Hot Chili to test a potentially much larger copper porphyry cluster.
  • Figures on the following pages outline the location of the new mining rights in relation to Cortadera.
  • This recent strategic consolidation of the Cortadera porphyry deposit area has the potential to deliver another significant leg of resource growth to the Costa Fuego copper hub.