Hot Chili Limited has provided a business update on its operational and financial activities for the quarter. The company reported no Lost Time Injuries (LTI) during the period across its Costa Fuego project landholdings, including the Productora and Cortadera deposits. Since 2019, cumulative LTI events stand at zero for Productora and six for Cortadera, with a total of eight across all projects. No Non-Lost Time Injury (NLTI) events were recorded during the quarter, while cumulative NLTI events are four for Productora and six for Cortadera, totaling eleven. There were no days lost in the quarter, with cumulative figures at zero for Productora and 152 for Cortadera, amounting to 263 days lost across all projects since 2019. Payments to related parties and their associates during the quarter totaled $188,000, primarily comprising directors' salaries and superannuation. The company also stated that funding of approximately US$1.27 billion will be required to progress the Costa Fuego Copper Project to definitive feasibility, mine construction, and production stages. Hot Chili Limited noted that the availability and terms of this funding are uncertain and may impact existing shareholders. The company continues to explore various value realisation strategies, including debt financing, asset sales, and other funding options.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hot Chili Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: TO75210) on January 30, 2026, and is solely responsible for the information contained therein.