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Hiru Corporation (HIRU) - Key Corporate Updates

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Hiru (OTC Pink: HIRU) has provided key updates on recent developments and strategic investments. The company highlights continued support from CEO and Chairman H.E. Khalid Nasser A.S. Al-Thani, a member of Qatar's wealthy Al-Thani Royal family. Hiru has also attracted interest from major Qatari institutional investors, signaling growing confidence in the company's prospects.

The CFO, Mr. Thorp, stated that upcoming announcements about multiple acquisitions of mining and natural resources assets in Australia will reveal the company's true size. While the Balfour Project in Tasmania remains important, Hiru is adding more large resources projects to its portfolio.

As part of reorganization, Hiru has increased authorized shares to 7 billion, reflecting investments by H.E. Khalid Nasser A.S. Al-Thani and board members. These shares will be sold to non-US accredited institutional investors under SEC Regulation S.

Hiru (OTC Pink: HIRU) ha fornito aggiornamenti chiave sulle recenti evoluzioni e investimenti strategici. L'azienda sottolinea il continuo supporto del CEO e Presidente H.E. Khalid Nasser A.S. Al-Thani, membro della ricca famiglia reale Al-Thani del Qatar. Hiru ha anche attratto l'interesse di importanti investitori istituzionali qatarioti, segnalando una crescente fiducia nelle prospettive dell'azienda.

Il CFO, il signor Thorp, ha dichiarato che i prossimi annunci relativi a più acquisizioni di attività minerarie e risorse naturali in Australia riveleranno le vere dimensioni dell'azienda. Pur mantenendo importanza il Progetto Balfour in Tasmania, Hiru sta aggiungendo ulteriori grandi progetti di risorse al suo portafoglio.

Come parte della riorganizzazione, Hiru ha aumentato le azioni autorizzate a 7 miliardi, riflettendo gli investimenti di H.E. Khalid Nasser A.S. Al-Thani e dei membri del consiglio. Queste azioni saranno vendute a investitori istituzionali non statunitensi accreditati ai sensi della Regola S della SEC.

Hiru (OTC Pink: HIRU) ha proporcionado actualizaciones clave sobre desarrollos recientes e inversiones estratégicas. La empresa destaca el continuo apoyo del CEO y Presidente H.E. Khalid Nasser A.S. Al-Thani, miembro de la rica familia real Al-Thani de Qatar. Hiru también ha atraído el interés de importantes inversores institucionales qataríes, lo que indica una creciente confianza en las perspectivas de la empresa.

El CFO, el Sr. Thorp, declaró que los próximos anuncios sobre múltiples adquisiciones de activos mineros y de recursos naturales en Australia revelarán el verdadero tamaño de la empresa. Aunque el Proyecto Balfour en Tasmania sigue siendo importante, Hiru está añadiendo más grandes proyectos de recursos a su portafolio.

Como parte de la reorganización, Hiru ha aumentado las acciones autorizadas a 7 mil millones, reflejando inversiones de H.E. Khalid Nasser A.S. Al-Thani y los miembros de la junta. Estas acciones se venderán a inversores institucionales no estadounidenses acreditados bajo la Regulación S de la SEC.

히루 (OTC Pink: HIRU)는 최근 개발 및 전략적 투자에 대한 주요 업데이트를 제공했습니다. 회사는 카타르의 부유한 알타니 왕가의 일원인 CEO이자 회장 H.E. Khalid Nasser A.S. Al-Thani의 지속적인 지원을 강조했습니다. 히루는 또한 주요 카타르 기관 투자자들로부터 관심을 끌어, 회사의 성장 가능성에 대한 신뢰가 커지고 있음을 나타냅니다.

CFO인 Thorp 씨는 호주에서의 다수의 광물 및 천연 자원 자산 인수에 대한 다가오는 발표가 회사의 진정한 규모를 밝힐 것이라고 말했습니다. 타즈매니아의 발포르 프로젝트가 여전히 중요하지만, 히루는 포트폴리오에 더 많은 대규모 자원 프로젝트를 추가하고 있습니다.

재조직의 일환으로 히루는 승인된 주식을 70억 주로 늘렸으며, 이는 H.E. Khalid Nasser A.S. Al-Thani 및 이사회 구성원의 투자 반영입니다. 이 주식은 SEC 규정 S에 따라 미국 외의 인증된 기관 투자자에게 판매될 예정입니다.

Hiru (OTC Pink: HIRU) a fourni des mises à jour clés sur des développements récents et des investissements stratégiques. L'entreprise met en avant le soutien continu du PDG et président H.E. Khalid Nasser A.S. Al-Thani, membre de la riche famille royale Al-Thani du Qatar. Hiru a également attiré l'intérêt de grands investisseurs institutionnels qataris, ce qui indique une confiance croissante dans les perspectives de l'entreprise.

Le directeur financier, M. Thorp, a déclaré que les prochaines annonces concernant plusieurs acquisitions d'actifs miniers et de ressources naturelles en Australie révéleront la véritable taille de l'entreprise. Bien que le Projet Balfour en Tasmanie reste important, Hiru ajoute davantage de grands projets de ressources à son portefeuille.

Dans le cadre de la réorganisation, Hiru a augmenté le nombre d'actions autorisées à 7 milliards, reflétant les investissements de H.E. Khalid Nasser A.S. Al-Thani et des membres du conseil d'administration. Ces actions seront vendues à des investisseurs institutionnels non américains accrédités selon la réglementation S de la SEC.

Hiru (OTC Pink: HIRU) hat wichtige Updates zu aktuellen Entwicklungen und strategischen Investitionen bereitgestellt. Das Unternehmen hebt die anhaltende Unterstützung von CEO und Vorsitzendem H.E. Khalid Nasser A.S. Al-Thani hervor, einem Mitglied der wohlhabenden Al-Thani-Königsfamilie aus Katar. Hiru hat auch das Interesse großer katarischer institutioneller Investoren geweckt, was auf ein wachsendes Vertrauen in die Aussichten des Unternehmens hinweist.

Der CFO, Herr Thorp, erklärte, dass bevorstehende Ankündigungen zu mehreren Übernahmen von Bergbau- und Rohstoffvermögen in Australien die wahre Größe des Unternehmens offenbaren werden. Während das Balfour-Projekt in Tasmanien weiterhin wichtig ist, fügt Hiru mehr große Ressourcenprojekte zu seinem Portfolio hinzu.

Im Rahmen der Reorganisation hat Hiru die genehmigten Aktien auf 7 Milliarden erhöht, was die Investitionen von H.E. Khalid Nasser A.S. Al-Thani und den Vorstandsmitgliedern widerspiegelt. Diese Aktien werden unter der SEC-Regelung S an nicht US-amerikanische akkreditierte institutionelle Investoren verkauft.

Positive
  • Support and investment from H.E. Khalid Nasser A.S. Al-Thani, a member of Qatar's wealthy royal family
  • Growing interest from major Qatari institutional investors
  • Upcoming acquisitions of new mining and natural resources assets in Australia
  • Increased authorized shares to 7 billion, pre-subscribed by accredited institutional investors
Negative
  • Significant increase in authorized shares, potentially leading to dilution for existing shareholders

Toronto, Ontario--(Newsfile Corp. - October 18, 2024) - HIRU Corporation (OTC Pink: HIRU) $HIRU www.otchiru.com, www.hirumining.com is pleased to provide shareholders and the public with key updates regarding recent developments and strategic investments.

Support from H.E. Khalid Nasser A.S. Al-Thani and the Wealth of Qatar's Royal Family

We are honored to have the continued support and investment of our CEO and Chairman, H.E. Khalid Nasser A.S. Al-Thani, a distinguished member of the Al-Thani Royal family of Qatar, one of the wealthiest royal families in the World known for its far-reaching influence across various sectors, from art and culture to luxury brands and strategic investments worldwide.

The Qatar royal family has demonstrated its commitment to art, culture, luxury fashion and many high-value investments through a series of record-breaking acquisitions.

Growing Interest from Institutional Investors

Beyond the personal investments of H.E. Khalid Nasser A.S. Al-Thani, Hiru Corporation has also garnered interest from major institutional investors in Qatar. These institutions, recognizing the growth potential and strategic direction of Hiru, have expressed significant interest in acquiring shares in the company. This reflects a growing confidence in Hiru's operations and its long-term prospects, particularly in light of the company's expansion and upcoming projects.

Operational Update - Balfour Project and Expansion Plans

Our Chief Financial Officer, Mr. Thorp, said that the investments into Hiru are far bigger than the image perceived by the public and that the next announcements about the multiple acquisitions of new mining and natural resources assets in Australia under finalization will show the real size of the company.

The Balfour Project in Tasmania, Australia, will not remain as the major cornerstone of our strategy since we are adding more huge resources projects as well.

The now growing interest from Institutional investors signals a promising future for the company. With strong backing from both the Al-Thani family and soon by Qatari institutional investors, Hiru Corporation is well-positioned to capitalize on new opportunities and drive further growth.

As a part of reorganization, Company have increased authorized shares to 7,000,000,000 reflecting a small portion of the direct investments made by H.E. Khalid Nasser A.S. Al-Thani into the company as well as the participation of the board members. These shares will be sold and are already pre subscribed by accredited Institutional investors under USA SEC rule regulation Regulation S. These shares are sold outside of United States to non USA investors.

We thank our shareholders for their continued trust and look forward to sharing more updates as we execute on our strategic objectives.

About Hiru Corporation:

Hiru Corporation (OTC Pink: HIRU) is a holding Co headquartered in Toronto Canada financial district. HIRU board members and control block holders are in Qatar and Australia. The company is primarily engaged in exploration stage mining in a massive Balfour mine project in Australia. (Core business). The main investors are a Qatari royal family member and a 7th generation one of the wealthiest landlords in Tasmania.

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

Email: corporate@otchiru.com

Phone: +1 954-228-1053

Twitter: https://twitter.com/hirumining

Linkedin: https://www.linkedin.com/company/hiru-corporation/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226984

FAQ

What recent developments has Hiru (HIRU) announced?

Hiru (HIRU) has announced continued support from CEO H.E. Khalid Nasser A.S. Al-Thani, growing interest from Qatari institutional investors, upcoming acquisitions of mining and natural resources assets in Australia, and an increase in authorized shares to 7 billion.

Who is the CEO and Chairman of Hiru (HIRU)?

The CEO and Chairman of Hiru (HIRU) is H.E. Khalid Nasser A.S. Al-Thani, a distinguished member of the Al-Thani Royal family of Qatar.

What is Hiru 's (HIRU) main business focus?

Hiru (HIRU) is primarily engaged in exploration stage mining, with its core business being the massive Balfour mine project in Australia. The company is also expanding into other mining and natural resources assets in Australia.

How many authorized shares does Hiru (HIRU) now have?

Hiru (HIRU) has increased its authorized shares to 7,000,000,000 (7 billion) as part of a reorganization, reflecting investments by H.E. Khalid Nasser A.S. Al-Thani and board members.

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