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HCH.V ·

Hot Chili Releases Interactive 3D Corporate Presentation

Marketing Announcement

Hot Chili Releases Interactive 3D Corporate Presentation

Perth, Australia - Hot Chili Limited (TSXV:HCH) (ASX:HCH)

-dimensional (3D) corporate

presentation.

The interactive 3D Corporate Presentation is hosted using the VRIFY Technology Platform integrated

(Vancouver Resource Investment Conference) Corporate Presentation,

recently released on 24th January 2023.

The 3D Corporate Presentation for Costa Fuego includes project location, topography, resource block

models, planned mine designs, and planned infrastructure. Exploration activities such as drilling, surface

geochemistry, geophysical surveys, and models of the Company copper-gold deposits are displayed in

an intuitive 3D interface.

www.hotchili.net.au) or

through the following link to the Hot Chili Limited Investor Deck on the VRIFY platform: 3D Corporate

Presentation

This announcement is authorised by the Board of Directors for release to ASX and TSXV.

For more information please contact:

Christian Easterday

Managing Director Hot Chili

Tel: +61 8 9315 9009

Email: [email protected]

Penelope Beattie

Company Secretary Hot Chili

Tel: +61 8 9315 9009

Email: [email protected]

ASX Investor

Investor & Public Relations (Australia)

Email: [email protected]

Harbor Access

Investor & Public Relations (Canada)

Email:[email protected]

Email:[email protected]

www.hotchili.net.au

Qualifying Statements

Forward Looking Statements

This Announcement is provided on the basis that neither the Company nor its representatives make any warranty (express or implied)

as to the accuracy, reliability, relevance or completeness of the material contained in the Announcement and nothing contained in the

Announcement is, or may be relied upon as a promise, representation or warranty, whether as to the past or the future. The Company

hereby excludes all warranties that can be excluded by law. The Announcement contains material which is predictive in nature and

may be affected by inaccurate assumptions or by known and unknown risks and uncertainties and may differ materially from results

ultimately achieved.

- istorical facts included in the

Announcement are forward-looking statements including estimates of Mineral Resources. However, forward-looking statements are

subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed,

projected or implied by such forward-looking statements. Such risks include, but are not limited to, copper, gold and other metals price

volatility, currency fluctuations, increased production costs and variances in ore grade recovery rates from those assumed in mining

plans, as well as political and operational risks and governmental regulation and judicial outcomes. The Company does not undertake

-looking

the Announcement, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

All persons should consider seeking appropriate professional advice in reviewing the Announcement and all other information with

respect to the Company and evaluating the business, financial performance and operations of the Company. Neither the provision of

the Announcement nor any information contained in the Announcement or subsequently communicated to any person in connection

with the Announcement is, or should be taken as, constituting the giving of investment advice to any person

Disclaimer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this news release.