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Hot Chili Closes US$15 Million Investment by Osisko Gold Royalties — ASX:HCH| ASX Mining News & Discussion
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$HCH Hot Chili Closes US$15 Million Investment by Osisko Gold Royalties
Australia-based mining company strengthens cash position and receives endorsement through investment deal

Hot Chili Limited (ASX: HCH) is excited to announce the successful closure of its transaction with Osisko Gold Royalties Ltd, resulting in a significant US$15 million investment. This investment deal involves the sale of a 1.0% Net Smelter Return (NSR) royalty on copper and a 3% NSR royalty on gold across Hot Chili's Costa Fuego Copper-Gold Project located in Chile's Atacama Region.

Strengthening Cash Position and Project Endorsement

The investment from Osisko Gold Royalties has bolstered Hot Chili's current cash reserves to approximately A$26 million. This infusion of funds provides the company with a strong financial foundation to pursue its growth and development plans.

Furthermore, the investment serves as a testament to the positive outlook and potential of Hot Chili's Costa Fuego project. Osisko Gold Royalties is recognised as one of North America's leading royalty-streaming groups, and their decision to invest in ...
Hot Chili Closes US$15 Million Investment by Osisko Gold Royalties

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?