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Hot Chili Raises A$40M to Accelerate Costa Fuego Copper-Gold Project
8:30am on Friday 13th of February, 2026 AEDT
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Mining
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Hot Chili Raises A$40M to Accelerate Costa Fuego Copper-Gold Project
8:30am on Friday 13th of February, 2026 AEDT
Key Points
A$40 million raised via private placement at A$1.65 per share
Participation from major shareholders including Glencore, Blue Spec, and GS Group
Funds earmarked for advancing Costa Fuego project and integrating La Verde discovery
Environmental impact assessment submission planned for 2026
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