Join our daily newsletter At The Bell to receive exclusive market insights
- Hot Chili (HCH) begins the process of dual listing on the TSX Venture Exchange (TSXV) in Canada
- The company has paid application fees, appointed legal advisers and has now begun the formal application for dual listing
- Hot Chili’s move to dual list in Canada is a key step towards the funding and development opportunities for its Costa Fuego copper-gold project in Chile
- If all goes to plan, Hot Chili hopes to be listed on the TSXV by the end of 2021, however the listing is subject to all necessary approvals
- Hot Chili has ended the day 6.25 per cent in the green with shares trading at 3.4 cents
Hot Chili (HCH) has begun the process of dual listing on the TSX Venture Exchange (TSXV) in Canada.
Headquartered in Calgary, Alberta, the TSXV is a public venture capital market for emerging companies.
Hot Chili has paid application fees, appointed legal advisers and has now begun the formal application for dual listing.
The company’s move to dual list in Canada is a key step towards the funding and development opportunities for its Costa Fuego copper-gold project in Chile.
A dual listing on the TSXV would position Hot Chili favourably amongst Canadian companies which trade at a much higher valuation.
If all goes to plan, Hot Chili hopes to be listed on the TSXV by the end of 2021, however, listing is subject to all necessary approvals.
Additionally, there is no guarantee that Hot Chili will be accepted for listing.
Hot Chili ended the day 6.25 per cent in the green with shares trading at 3.4 cents in a $99.33 million market cap.
