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Sprott backs big Hot Chili reset

MAJOR Canadian resource sector investor Sprott is backing the big recapitalisation of ASX-listed Chile copper contender Hot Chili, with an unusual drill campaign now underway and a listing in Toronto also on the cards.

Michael Quinn
Sprott backs big Hot Chili reset

Sprott will tip in $A8.5 million of a total $13 million convertible note raising, with Sprott’s investment effectively going to repay the $US6.5 million debt the Canadian firm is owed by Hot Chili. The...

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