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Hiru Corporation (HIRU) Additional $3 to $5 Million Cash Injection Directly Into HIRU for Immediate Mining Operations

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Hiru (OTC Pink: HIRU) announces a significant financial boost as CEO Sheikh Khalid Nasser Al Thani plans to inject an additional $3 to $5 million directly into the company. This investment aims to accelerate mining operations by enabling the purchase of essential equipment and resources. The CEO's decision will increase his stake ownership in the mine.

Sheikh Al Thani emphasized that the company is well-funded for mining operations, and this new cash infusion will expedite the start date of operations. The previously announced 5-year projection was based on current resources, but this additional funding is expected to significantly enhance the company's capabilities and timeline.

Hiru , headquartered in Toronto, Canada, focuses on copper and other essential metals mining. Its flagship operation, the Balfour Project, is located in north-western Tasmania, Australia.

Hiru (OTC Pink: HIRU) annuncia un significativo aumento finanziario poiché il CEO Sheikh Khalid Nasser Al Thani prevede di iniettare ulteriori $3 a $5 milioni direttamente nell'azienda. Questo investimento ha l'obiettivo di accelerare le operazioni minerarie consentendo l'acquisto di attrezzature e risorse essenziali. La decisione del CEO aumenterà la sua partecipazione nella miniera.

Sheikh Al Thani ha sottolineato che l'azienda è ben finanziata per le operazioni minerarie e questo nuovo afflusso di denaro accelererà la data di avvio delle operazioni. La previsione quinquennale precedentemente annunciata si basava sulle risorse attuali, ma questo ulteriore finanziamento dovrebbe migliorare significativamente le capacità e i tempi dell'azienda.

Hiru, con sede a Toronto, Canada, si concentra sull'estrazione di rame e altri metalli essenziali. La sua operazione di punta, il Progetto Balfour, si trova nel nord-ovest della Tasmania, Australia.

Hiru (OTC Pink: HIRU) anuncia un importante impulso financiero, ya que el CEO Sheikh Khalid Nasser Al Thani planea inyectar entre $3 y $5 millones directamente en la empresa. Esta inversión tiene como objetivo acelerar las operaciones mineras al permitir la compra de equipos y recursos esenciales. La decisión del CEO aumentará su participación en la mina.

Sheikh Al Thani enfatizó que la empresa está bien financiada para las operaciones mineras y este nuevo flujo de efectivo acelerará la fecha de inicio de las operaciones. La proyección de 5 años anunciada anteriormente se basaba en los recursos actuales, pero se espera que este financiamiento adicional mejore significativamente las capacidades y el cronograma de la empresa.

Hiru, con sede en Toronto, Canadá, se centra en la minería de cobre y otros metales esenciales. Su operación insignia, el Proyecto Balfour, está ubicada en el noroeste de Tasmania, Australia.

Hiru (OTC Pink: HIRU)는 CEO Sheikh Khalid Nasser Al Thani가 회사에 직접 $3에서 $5백만을 추가 투자할 계획이라고 발표하며 중요한 재정적 지원을 알립니다. 이 투자는 필수 장비 및 자원을 구매할 수 있게 하여 채굴 작업을 가속화하는 것을 목표로 합니다. CEO의 결정은 그의 광산 지분을 증가시킬 것입니다.

Sheikh Al Thani는 회사가 채굴 작업을 위해 충분히 자금이 조달되어 있으며, 이번 새로운 자금 유입이 운영 시작 날짜를 앞당길 것이라고 강조했습니다. 이전에 발표된 5년 예상치는 현재 자원을 기반으로 하였으나, 이번 추가 자금은 회사의 능력과 일정에 크게 기여할 것으로 예상됩니다.

Hiru는 캐나다 토론토에 본사를 두고 있으며, 구리 및 기타 필수 금속의 채굴에 집중하고 있습니다. 그들의 주력 작업인 Balfour 프로젝트는 호주 태즈메이니아 북서부에 위치하고 있습니다.

Hiru (OTC Pink: HIRU) annonce un renforcement financier significatif, car le PDG Sheikh Khalid Nasser Al Thani prévoit d'injecter entre 3 et 5 millions de dollars directement dans l'entreprise. Cet investissement vise à accélérer les opérations minières en permettant l'achat d'équipements et de ressources essentiels. La décision du PDG augmentera sa part dans la mine.

Sheikh Al Thani a souligné que l'entreprise est bien financée pour les opérations minières, et ce nouvel apport de liquidités accélérera la date de début des opérations. La prévision de 5 ans annoncée précédemment reposait sur les ressources actuelles, mais ce financement supplémentaire devrait considérablement améliorer les capacités et le calendrier de l'entreprise.

Hiru, dont le siège est à Toronto, Canada, se concentre sur l'extraction de cuivre et d'autres métaux essentiels. Son projet phare, le Projet Balfour, est situé dans le nord-ouest de la Tasmanie, en Australie.

Hiru (OTC Pink: HIRU) kündigt einen bedeutenden finanziellen Zuschuss an, da CEO Sheikh Khalid Nasser Al Thani plant, zusätzlich 3 bis 5 Millionen Dollar direkt in das Unternehmen zu investieren. Diese Investition zielt darauf ab, die Bergbauaktivitäten zu beschleunigen, indem der Kauf von unverzichtbarer Ausrüstung und Ressourcen ermöglicht wird. Die Entscheidung des CEO wird seinen Anteil an der Mine erhöhen.

Sheikh Al Thani betonte, dass das Unternehmen gut finanziert ist für die Bergbauaktivitäten, und diese neue Geldsprudel wird den Starttermin der Operationen beschleunigen. Die zuvor angekündigte 5-Jahres-Prognose basierte auf den aktuellen Ressourcen, aber diese zusätzliche Finanzierung wird voraussichtlich die Fähigkeiten und den Zeitrahmen des Unternehmens erheblich erweitern.

Hiru mit Sitz in Toronto, Kanada, konzentriert sich auf die Kupfer- und andere essentielle Metallförderung. Ihr Flaggschiffprojekt, das Balfour-Projekt, befindet sich im Nordwesten von Tasmanien, Australien.

Positive
  • Additional $3 to $5 million investment from CEO
  • Increased stake ownership by CEO in the company
  • Accelerated timeline for mining operations
  • Ability to purchase additional equipment and resources
Negative
  • None.

CEO increasing stake ownership

Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Hiru Corporation (OTC Pink: HIRU) $HIRU www.otchiru.com, www.hirumining.com, Sheikh Khalid Nasser Al Thani, Member of the Royal Family of Qatar, Chairman & CEO of Hiru Corp. has decided to immediately start funding the co with another round of $3 to $5 million dollars thus increasing his stake ownership in the mine. The investment will be made directly into the company where the company will be able to purchase additional equipment and resources to speed up the development of the operations.

Sheikh Khalid Nasser Al Thani, Chairman & CEO stated "We repeat we are well funded to carry the mining operations. The 5-year projection was based on current resources available to the company. Obviously with this new cash infusion the company can acquire the equipment needed and start immediately speeding up the start date."

More updates will follow shortly.

About Hiru Corporation:

Hiru Corporation (OTC Pink: HIRU) is a mining company headquartered in Toronto, Canada, with a focus on copper and other essential metals. The company's flagship operation, the Balfour Project, is located in north-western Tasmania, Australia. Hiru is committed to ethical mining practices and is actively exploring new opportunities in resource-rich regions across the globe.

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Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions.  In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions.  Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.  We caution investors not to rely unduly on any forward-looking statements.

Contact:

Corporate Communications
Irina Veselinovic (Secretary)
Website: www.otchiru.com & www.hirumining.com
Phone: +1 954-228-1053
Email: corporate@otchiru.com
X: @HiruMining

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223593

FAQ

What is the amount of new investment announced by Hiru (HIRU)?

Hiru (HIRU) announced an additional investment of $3 to $5 million from CEO Sheikh Khalid Nasser Al Thani.

How will the new investment impact Hiru 's (HIRU) mining operations?

The investment will allow Hiru (HIRU) to purchase additional equipment and resources, speeding up the development and start date of mining operations.

Where is Hiru 's (HIRU) flagship mining project located?

Hiru 's (HIRU) flagship operation, the Balfour Project, is located in north-western Tasmania, Australia.

What is the main focus of Hiru 's (HIRU) mining operations?

Hiru (HIRU) focuses on mining copper and other essential metals.

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