On 11 February 2019, EverBlu Capital (“EverBlu”) published a...

On 11 February 2019, EverBlu Capital (“EverBlu” published a research report
on Hot Chili Limited (ASX Code: HCH) (“Hot Chili” or the “Company”.
Hot Chili retracts:
(a) all production targets, financial forecast statements and valuation
statements in the EverBlu research report which are not contained in the
Company’s announcement of its pre-feasibility study for the Productora
Project released to ASX on 2 March 2016; and
(b) Appendix 1 of the EverBlu research report, which contains production,
financial forecast and valuation statements referred to as “Scenario 1”,
“Scenario 2”, “Scenario 3”, “Scenario 4” and “Scenario 5” in the Appendix,
and all statements in the research report referring to those scenarios,
(the “retracted statements”.
The retracted statements include production targets and valuations based on
information not included in the Company’s Productora PFS announcement
released 2 March 2016.
There is no reasonable basis for investors to rely on the retracted statements
and investors should not rely on the retracted statements for their investment
decisions.