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BRIEF-Hot Chili says to sell additional stake in Productora Copper Project

Published 18/05/2016, 10:15 am
© Reuters.  BRIEF-Hot Chili says to sell additional stake in Productora Copper Project
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May 18 (Reuters) - Hot Chili Ltd HCH.AX :

* CMP to purchase additional stake in productora HCH.AX

* Agreed to sell an additional 2.5% interest in Productora Copper Project for

US$1.5 million to Chilean Jv Partner CompañíA Minera Del PacíFico S.A

* Sprott and Hot Chili have agreed to terms for a 12 month extension to the

facility

* Funds from the sale will be fully applied to reducing Hot Chili'S loan

facility of US$9.5 million with sprott resource lending partnership

* Source text for Eikon ID:nASX2vKBR4

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