Hot Chili LimitedASX: HCH

Hot Chili Executes US$25M Funding Term Sheet

Feb 10, 2016 at 8:19 PM EST · Issued by Hot Chili Limited

Filed with ASX · Feb 10, 2016 at 8:19 PM EST · 2 pages · English

Summary by 6ix AI

Hot Chili Limited has executed a funding term sheet with Sprott Resource Lending Partnership for a significant secured debt facility. The funds will be used to advance the Productora copper project in Chile, including a pre-feasibility study and further drilling. The facility is subject to conditions and aims for a first drawdown by the end of June.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/hot-chili-executes-usdollar25m-funding-term-sheet

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