09/08/2021 - 15:14

Hot Chili to move to full ownership of Cortadera with $40m raise

09/08/2021 - 15:14

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Hot on the heels of this week’s earlier announcement that Glencore has agreed to pump A$14.4m into Hot Chili in return for a 9.99 per cent equity stake, Hot Chili has surprised the market with further news that it plans to raise $40 million to move to full ownership of its massive Cortadera copper-gold deposit. Hot Chili stock soared immediately by almost 20 per cent on the news.

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