CAPITAL MARKETS

Hot Chili gets more backing for Chile venture

HOT Chili has received institutional backing for its Chile copper plans after raising A$25.6 million in new equity from undisclosed investors.

 Hot Chili's copper ground in Chile

Hot Chili's copper ground in Chile

The funds will be raised from the issuing of shares priced at 4.2c each. About half of the funds being raised will go towards a US$10 million payment to the vendor of the key Cortadera asset, with a...

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