Hiru Corporation (HIRU) Appoints Mr. Geoffrey Summers, Owner of Large Mining Lands Parcels in Australia and Partner in the Balfour Project

Rhea-AI Summary

Hiru (OTC Pink: HIRU) has appointed Mr. Geoffrey Summers as an independent advisor to its board of directors. Mr. Summers, a 9th generation Tasmanian and 426th member of the First Fleet Society, brings significant mining experience to HIRU. Over the past decade, his companies have been the largest holder of mineral tenements in Tasmania, at times controlling more than half of the state's mineral tenements by area and number.

Mr. Summers' family has a long history in the Tasmanian mining industry, dating back over 100 years. His involvement in the Balfour Project, HIRU's flagship copper operation in north-western Tasmania, is expected to bring valuable expertise and local knowledge to the company's operations. Hiru is a mining company headquartered in Toronto, Canada, focusing on copper and other essential metals, with a commitment to ethical mining practices.

Positive

• Appointment of Mr. Geoffrey Summers as an independent advisor with extensive mining experience
• Summers' companies have been the largest holder of mineral tenements in Tasmania
• Strong local connections and historical ties to Tasmanian mining industry
• Potential for improved management of the Balfour Project copper operation

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - September 20, 2024) - Hiru Corporation (OTC Pink: HIRU) $HIRU www.otchiru.com, www.hirumining.com, the Company is taking this opportunity to share more details about our independent advisor recently elected by the board of directors of Hiru Corporation.

Mr. Geoffrey Summers is a 9th generation Tasmanian and 426th member of the First Fleet Society. Over the last 10 years, his companies have been the largest holder of mineral tenements in Tasmania, at times holding more than half of the entire mineral tenements in the state by area and number. Over 100 years ago, his forebears made their stake carting minerals from the West Coast of Tasmania to Burnie.

Thomas Summers, being one of the founders of Burnie Tasmania. It's in the blood you might say. His youngest son works for his company today. As seen above, the copper project will be well managed and held on to as Mr. Summers and the team are fully invested in its success.

Additional 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.

Disclaimer Regarding Forward-Looking Statements

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223977

FAQ

Who is Geoffrey Summers and why was he appointed to Hiru (HIRU)?

Geoffrey Summers is a 9th generation Tasmanian with extensive experience in mining. He was appointed as an independent advisor to HIRU's board due to his significant holdings of mineral tenements in Tasmania and his family's long history in the local mining industry.

What is the Balfour Project and how does it relate to Hiru (HIRU)?

The Balfour Project is HIRU's flagship copper operation located in north-western Tasmania, Australia. It is a key asset for the company, and Mr. Summers' involvement is expected to bring valuable expertise to its management.

How significant are Geoffrey Summers' mineral holdings in Tasmania?

Over the last 10 years, Geoffrey Summers' companies have been the largest holder of mineral tenements in Tasmania, at times controlling more than half of the state's mineral tenements by area and number.

What is Hiru 's (HIRU) main focus in the mining industry?

Hiru (HIRU) is primarily focused on copper and other essential metals mining. The company is headquartered in Toronto, Canada, and is committed to ethical mining practices.