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Hot Chili Limited ( (AU:HCH) ) just unveiled an announcement.
Hot Chili Limited has announced a non-renounceable entitlement offer to raise approximately A$14 million. This offer allows eligible shareholders to purchase two new shares for every thirteen shares they hold at a price of A$0.60 per share. The funds raised are expected to support the company’s ongoing operations and strategic initiatives, potentially strengthening its position in the mining industry.
More about Hot Chili Limited
Hot Chili Limited is a company operating in the mining industry, primarily focused on the exploration and development of copper projects. The company is listed on the Australian Securities Exchange (ASX) and the TSX Venture Exchange (TSX-V) under the code HCH.
YTD Price Performance: -15.71%
Average Trading Volume: 263,697
Technical Sentiment Signal: Sell
Current Market Cap: A$90.49M
See more data about HCH stock on TipRanks’ Stock Analysis page.