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

December 7, 2023

Reduction in Option Payments of US$10 Million for 2024

PERTH, AUSTRALIA, Dec. 7, 2023 /PRNewswire/ – Hot Chili Limited (ASX:HCH) (TSXV: HCH) (OTCQX: HHLKF) (“Hot Chili” or the “Company”) is pleased to announce that the Company has materially improved the terms of several option agreements (“Options”) to acquire landholdings as part of the Company’s Costa Fuego Copper-Gold Project (“Costa Fuego” or “the Project”) in the coastal range of the Atacama Region, Chile.

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