Hot Chili (ASX: HCH) has requested a trading halt pending release of an announcement about a release of drilling results from its Productora multi-commodity project in Chile.
The halt will last until an announcement is made or commencement of trading on Tuesday 23th November 2010.
On November 4 Hot Chili completed a private placement book‐build to raise AUD$4.65 million through the issue of 18,600,000 new shares at AUD$0.25 to accelerate its drilling and exploration activities at its two advanced Chilean uranium‐copper‐gold projects in the coming months, as well as provide additional funds to support potential acquisition opportunities in Chile as they arise.