HOT CHILI ANNOUNCES BOARD CHANGES
Hot Chili (ASX: HCH, TSXV: HCH, OTCQX: HHLKF) announced immediate board changes with the resignation of Dr Nicole Adshead-Bell (Non-Executive Chair) and Stephen Quin (Non-Executive Director). The company is preparing for its next development phase with upcoming Pre-feasibility Studies for the Chilean Costa Fuego copper-gold project and Huasco Water project.
The company plans to strengthen its board capabilities at this important growth period, particularly following the recent significant porphyry copper gold discovery at La Verde, which adds potential upside to Costa Fuego's scale.
Hot Chili (ASX: HCH, TSXV: HCH, OTCQX: HHLKF) ha annunciato cambiamenti immediati nel consiglio di amministrazione con le dimissioni di Dr Nicole Adshead-Bell (Presidente Non Esecutivo) e Stephen Quin (Direttore Non Esecutivo). L'azienda si sta preparando per la sua prossima fase di sviluppo con i prossimi studi di pre-fattibilità per il progetto rame-oro Costa Fuego in Cile e il progetto Huasco Water.
L'azienda intende rafforzare le capacità del suo consiglio in questo importante periodo di crescita, in particolare dopo la recente significativa scoperta di rame porfirico a La Verde, che aggiunge potenziale crescita alla scala di Costa Fuego.
Hot Chili (ASX: HCH, TSXV: HCH, OTCQX: HHLKF) anunció cambios inmediatos en la junta con la renuncia de Dr. Nicole Adshead-Bell (Presidenta No Ejecutiva) y Stephen Quin (Director No Ejecutivo). La empresa se está preparando para su próxima fase de desarrollo con los próximos estudios de pre-factibilidad para el proyecto de cobre-oro Costa Fuego en Chile y el proyecto Huasco Water.
La empresa planea fortalecer las capacidades de su junta en este importante período de crecimiento, especialmente tras el reciente descubrimiento significativo de cobre porfirítico en La Verde, lo que añade potencial de crecimiento a la escala de Costa Fuego.
핫 칠리 (ASX: HCH, TSXV: HCH, OTCQX: HHLKF)는 Dr. Nicole Adshead-Bell (비상임 의장)과 Stephen Quin (비상임 이사)의 사임으로 즉각적인 이사회 변화를 발표했습니다. 이 회사는 칠레 코스타 푸에고 구리-금 프로젝트와 우아스코 수자원 프로젝트에 대한 사전 타당성 연구를 진행하며 다음 개발 단계에 대비하고 있습니다.
회사는 최근 라 베르데에서의 중요한 포르프리 구리 금 발견 이후 이 중요한 성장 기간 동안 이사회의 역량을 강화할 계획입니다. 이는 코스타 푸에고의 규모에 추가적인 상승 잠재력을 더합니다.
Hot Chili (ASX: HCH, TSXV: HCH, OTCQX: HHLKF) a annoncé des changements immédiats au sein de son conseil d'administration avec la démission de Dr Nicole Adshead-Bell (Présidente Non Exécutive) et de Stephen Quin (Administrateur Non Exécutif). L'entreprise se prépare pour sa prochaine phase de développement avec des études de faisabilité préliminaire à venir pour le projet de cuivre-or Costa Fuego au Chili et le projet Huasco Water.
L'entreprise prévoit de renforcer les compétences de son conseil durant cette période de croissance importante, notamment suite à la récente découverte significative de cuivre porphyrique à La Verde, ce qui ajoute un potentiel de croissance à l'échelle de Costa Fuego.
Hot Chili (ASX: HCH, TSXV: HCH, OTCQX: HHLKF) hat sofortige Änderungen im Vorstand bekannt gegeben, mit dem Rücktritt von Dr. Nicole Adshead-Bell (Nicht-geschäftsführende Vorsitzende) und Stephen Quin (Nicht-geschäftsführender Direktor). Das Unternehmen bereitet sich auf die nächste Entwicklungsphase mit bevorstehenden Machbarkeitsstudien für das chilenische Costa Fuego Kupfer-Gold-Projekt und das Huasco-Wasserprojekt vor.
Das Unternehmen plant, seine Vorstandskapazitäten in dieser wichtigen Wachstumsphase zu stärken, insbesondere nach der kürzlich bedeutenden Entdeckung von porphyrischem Kupfer-Gold in La Verde, die das Wachstumspotenzial von Costa Fuego erhöht.
- Recent significant porphyry copper gold discovery at La Verde expanding Costa Fuego's potential
- Advancing toward final development phase with upcoming Pre-feasibility Studies for two major projects
- Sudden departure of both Non-Executive Chair and Non-Executive Director creating leadership gap
- Board restructuring during critical pre-feasibility study phase could impact project timeline
The Board extends its sincere appreciation to both Dr Adshead-Bell and Mr Quin for their dedicated service and valuable contributions during their tenure with the Company. The Board wishes them both well in their future endeavours.
With the impending release of the Company's Pre-feasibility Studies for its Chilean Costa Fuego copper- gold project and Huasco Water project, Hot Chili is preparing its next steps toward a final phase of development.
Further board appointments aim to strengthen the Company's capability at an important inflection in the Company's growth, with the recent announcement1 of a significant porphyry copper gold discovery at La Verde adding further upside to Costa Fuego's scale.
The Company looks forward to providing further updates to the market.
This announcement was approved and authorised for release by:
Christian Easterday, Managing Director & CEO
For further information, please contact:
Christian Easterday Managing Director – Hot Chili | Tel: +61 8 9315 9009 Email: admin@hotchili.net.au |
Carol Marinkovich Company Secretary – Hot Chili | Tel: +61 8 9315 9009 Email: admin@hotchili.net.au |
Graham Farrell Investor & Public Relations | Email: graham@hotchili.net.au |
or visit Hot Chili's website at www.hotchili.net.au
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1 ASX Release dated 11 February 2025 |
View original content:https://www.prnewswire.com/news-releases/hot-chili-announces-board-changes-302397797.html
SOURCE Hot Chili Limited
FAQ
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