HIRU Corporation (HIRU) Completes Sale of its eCommerce Subsidiary
HIRU (OTC Pink: HIRU) has announced the sale of its eCommerce subsidiary, The Fixture Place, for $2,500,000 in a mix of cash and restricted shares. This strategic move aligns with HIRU's focus on its core mining business in Australia. The company's new management took control on July 31, 2024, and is awaiting SEC and OTC access codes to complete filings. HIRU's CEO has purchased approximately 1.2 billion shares of HIRU common stock.
The company plans to release full mining and cooperation agreements for its Australian mining project, which is valued at over $150 million USD. HIRU emphasizes that it is under new ownership and management, distinct from previous operators who may have failed to meet local community expectations. The company is committed to responsible corporate citizenship and will provide timely updates to shareholders.
HIRU (OTC Pink: HIRU) ha annunciato la vendita della sua filiale eCommerce, The Fixture Place, per 2.500.000 dollari in una combinazione di contante e azioni riservate. Questa mossa strategica si allinea con il focus di HIRU sul suo core business di mining in Australia. Il nuovo management dell'azienda ha preso il controllo il 31 luglio 2024 e sta attendendo i codici di accesso SEC e OTC per completare le pratiche necessarie. Il CEO di HIRU ha acquistato circa 1,2 miliardi di azioni ordinarie di HIRU.
L'azienda prevede di pubblicare accordi completi sui progetti minerari e di cooperazione per il suo progetto minerario australiano, che è valutato oltre 150 milioni di dollari USD. HIRU sottolinea che è sotto nuova proprietà e gestione, distinta dagli operatori precedenti che potrebbero non aver soddisfatto le aspettative della comunità locale. L'azienda è impegnata in una cittadinanza responsabile e fornirà aggiornamenti tempestivi agli azionisti.
HIRU (OTC Pink: HIRU) ha anunciado la venta de su filial de comercio electrónico, The Fixture Place, por 2.500.000 dólares en una combinación de efectivo y acciones restringidas. Este movimiento estratégico se alinea con el enfoque de HIRU en su negocio central de minería en Australia. La nueva dirección de la empresa asumió el control el 31 de julio de 2024 y está esperando los códigos de acceso de la SEC y OTC para completar los trámites. El CEO de HIRU ha comprado aproximadamente 1.2 mil millones de acciones comunes de HIRU.
La empresa planea publicar acuerdos completos de minería y cooperación para su proyecto minero australiano, que está valorado en más de 150 millones de dólares USD. HIRU enfatiza que está bajo nueva propiedad y gestión, distinta de los operadores anteriores que podrían no haber cumplido con las expectativas de la comunidad local. La empresa está comprometida con una ciudadanía corporativa responsable y proporcionará actualizaciones oportunas a los accionistas.
HIRU (OTC Pink: HIRU)는 전자상거래 자회사인 The Fixture Place의 매각을 2,500,000달러의 현금 및 제한된 주식 조합으로 발표했습니다. 이 전략적 결정은 HIRU가 호주의 광산 사업에 집중하고 있음을 나타냅니다. 회사의 새로운 경영진은 2024년 7월 31일에 통제를 인수하였으며, 서류 작업을 완료하기 위해 SEC 및 OTC 접근 코드를 기다리고 있습니다. HIRU의 CEO는 약 12억 주의 HIRU 보통주를 구매했습니다.
회사는 1억 5천만 달러 USD 이상의 가치가 있는 호주 광산 프로젝트에 대한 완전한 광산 및 협력 계약을 발표할 계획입니다. HIRU는 로컬 커뮤니티의 기대를 충족하지 못했을 수 있는 이전 운영자들과 구별되며 새로운 소유주와 경영진 아래에 있음을 강조합니다. 회사는 책임 있는 기업 시민 의식을 가지고 있으며 주주에게 적시 업데이트를 제공할 것입니다.
HIRU (OTC Pink: HIRU) a annoncé la vente de sa filiale eCommerce, The Fixture Place, pour 2.500.000 dollars dans un mélange de liquidités et d'actions restreintes. Ce mouvement stratégique s'aligne sur l'objectif de HIRU de se concentrer sur son activité principale de mines en Australie. La nouvelle direction de l'entreprise a pris le contrôle le 31 juillet 2024 et attend des codes d'accès de la SEC et de l'OTC pour finaliser les dépôts. Le PDG de HIRU a acheté environ 1,2 milliard d'actions ordinaires de HIRU.
L'entreprise prévoit de publier des accords complets de minage et de coopération pour son projet minier australien, évalué à plus de 150 millions de dollars USD. HIRU souligne qu'elle est sous une nouvelle propriété et direction, distincte des opérateurs précédents qui n'ont peut-être pas répondu aux attentes de la communauté locale. L'entreprise est engagée à une citoyenneté d'entreprise responsable et fournira des mises à jour en temps voulu aux actionnaires.
HIRU (OTC Pink: HIRU) hat den Verkauf seiner eCommerce-Tochtergesellschaft, The Fixture Place, für 2.500.000 Dollar in einer Mischung aus Bargeld und eingeschränkten Aktien angekündigt. Dieser strategische Schritt stimmt mit HIRUs Fokus auf sein Kerngeschäft in der Goldmine in Australien überein. Das neue Management des Unternehmens hat am 31. Juli 2024 die Kontrolle übernommen und wartet auf die SEC- und OTC-Zugangscodes, um die erforderlichen Meldungen abzuschließen. Der CEO von HIRU hat ca. 1,2 Milliarden Aktien des HIRU-Stammkapitals erworben.
Das Unternehmen plant, vollständige Bergbau- und Kooperationsvereinbarungen für sein australisches Bergbauprojekt, das mit über 150 Millionen USD bewertet wird, zu veröffentlichen. HIRU betont, dass es sich unter neuer Eigentümerschaft und Leitung befindet, die sich von den vorherigen Betreibern unterscheidet, die den Erwartungen der lokalen Gemeinschaft möglicherweise nicht gerecht wurden. Das Unternehmen verpflichtet sich zu verantwortungsbewusster Unternehmensführung und wird den Aktionären rechtzeitig Updates zur Verfügung stellen.
- Sale of eCommerce subsidiary for $2,500,000
- Strategic focus on core mining business in Australia
- CEO's purchase of 1.2 billion shares of HIRU common stock
- Australian mining project valued at over $150 million USD
- Reduction in public float of common shares
- Pending SEC and OTC access codes delaying filings
- Sensitive local sentiment due to previous mine ownership issues
- Potential skepticism from critics and investors due to past unfulfilled promises by previous owners
Toronto, Ontario--(Newsfile Corp. - August 22, 2024) - HIRU Corporation (OTC Pink: HIRU) www.hirumining.com, is pleased to announce the sale of its eCommerce subsidiary, The Fixture Place. This strategic transaction aligns with HIRU's commitment to enhance shareholder value by focusing on its core mining business activities in Australia.
The sale of The Fixture Place consists of a good mix of cash and restricted shares in a
This sale is a part of HIRU's broader strategy to streamline our operations and focus on maximizing the value of our mining Project in Australia. We believe that the combination of this strategic divestiture and good amount of common share reduction in the public float, plus our ongoing mining initiatives, will unlock further upside potential for our stakeholders and shareholders.
In other Company news and events, Hirus' new management and new preferred shareholder took control of the company on or about July 31,2024. We have made an application to both SEC and OTC for access codes which take a couple of more days to process. In the meantime, we have posted HIRUs' CEO approximate 1.2 billion share purchase of HIRU common stock on our corporate website. (See direct link) https://hirumining.com/announcements/. The Company will be releasing full mining and cooperating agreements on the Australia mining project very shortly. This mine is a very lucrative project, a gem to be proud of with proven resources confirmed by several professional mine surveyor companies, and considered a "jewel in the crown" by local miners and Australian media. It is also a sensitive topic to locals in this Australia region. The ex-mine ownership is a heartbreak to many miners and the local community who lost their jobs when the mine was sold, and the new owners were unable or unwilling to fulfil the community enhancement promises. To that end, we are also very mindful of the HIRU Company critics, who prey on novice and unsuspecting investors and shareholders. To that end HIRU as a Company is taking extra measures and steps to insure the public and our followers that we are the NEW owners and not the owners who may have not fulfilled the Australian mining community enhancement expectations. HIRU eagerly awaits SEC and OTC codes to complete filings so that the valuations well in excess of
HIRU strives to maintain its presence as a responsible corporate citizen. We will continue to keep our shareholders updated on a timely basis, with additional news forthcoming shortly.
About HIRU Corporation:
HIRU Corporation (OTC Pink: HIRU) is a mining company focused on developing its copper and nickel mining project in north western Australia. The company is dedicated to responsible resource extraction and creating value for its shareholders through sustainable mining operations.
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
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/220790
FAQ
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