HIRU Corporation Announces Completion of First Phase Corporate Structuring and Strategic Expansion Plans
Rhea-AI Summary
HIRU Corporation (OTC:HIRU) has completed the first phase of its corporate restructuring, marking a strategic shift towards mining and natural resources. The company has achieved several key milestones, including: removal of legacy operations resulting in a $1.42 million accounting gain, regaining OTCID Current Information status, and relocating its U.S. headquarters to Atlanta, Georgia.
The company has implemented significant changes including a leadership overhaul, increased investment from Middle Eastern investors, and is conducting due diligence on three U.S.-based gold mining operations. HIRU maintains operations across Qatar, the U.S., and Australia, with no new share issuance or debt leverage, as all activities are funded through chairman capital contributions.
Positive
- None.
Negative
- Complete disposal of previous water business operations and assets
- Potential uncertainty around realization of the $1.42M accounting gain
- Multiple location changes may indicate operational instability
News Market Reaction
On the day this news was published, HIRU declined 4.76%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
ATLANTA, GA / ACCESS Newswire / July 17, 2025 / HIRU Corporation (OTC:HIRU) announces the completion of the first phase of its corporate structuring initiative, marking a decisive transition toward a long-term, asset-backed growth strategy focused on the mining and natural resources sector.
Key milestones in this phase include:
Corporate Realignment and Book Adjustment - Legacy Closure and Mining Integration
As part of the corporate realignment process, HIRU Corporation has completed the removal of legacy operations and liabilities inherited from prior ownership. The Company has updated its financial and accounting records to reflect the disposal of these discontinued assets and all related obligations, which were found to be circulating among the same parties previously associated with the former ownership group.
This operation resulted in a one-time accounting gain of
Importantly, HIRU never took possession of the former water business facility nor any related physical assets, which remain with the previous owners' group.
Concurrently, the Company has fully integrated its wholly owned mining business, which is currently entering an expansion phase as HIRU refocuses exclusively on its core strategy: mining and natural resource exploration.
Return to OTCID Current Information Status
Building on this foundation, the Company has now regained its status as a Current Information issuer on OTCID. This achievement follows several months of technical, legal, and administrative work to meet the necessary disclosure and compliance thresholds. The update signals HIRU's full re-entry into compliant public markets and reflects its clean corporate structure, improved reporting integrity, and readiness for the next phase of development.
Strategic Relocation of U.S. Headquarters to Georgia
HIRU has formally established its principal executive office in Atlanta, Georgia - the state in which the Company is legally incorporated. This move consolidates operations in the Company's jurisdiction of incorporation, following prior administrative locations in Toronto and Florida. Georgia's strong infrastructure, access to professional talent, and supportive regulatory environment make it a strategic base for public company operations. The Atlanta office now functions in conjunction with HIRU's established headquarters in Qatar and operational offices in Tasmania, supporting the Company's growing international footprint.
Leadership Overhaul and Structural Governance Reset
With the removal of all officers associated with prior management, HIRU has implemented a restructured governance framework. A streamlined leadership team is now in place, aligned with the Company's strategic objectives and international investment agenda.
Regulatory Compliance and Market Readiness
The Company has attained "Current Information" status on OTC Markets and retained a U.S.-based team of legal and administrative professionals to ensure adherence to reporting standards and corporate best practices.
Investor Relations Capability in Finalization
HIRU is finalizing the appointment of a permanent Investor Relations Manager to manage shareholder communications, support investor engagement, and coordinate public disclosures across key markets.
Increased Investment from the Middle East
Private investors from Qatar and the broader Gulf region have recently begun acquiring shares in HIRU. This growing trend reflects HIRU's distinction as the first U.S. OTC-listed company led by a member of the Qatari royal family. The Chairman's leadership, combined with strong Gulf-U.S. business ties, has positioned the Company as a strategic bridge for Middle Eastern capital entering U.S. public markets.
Internal Review of Chairman-Owned Qatari Assets
The Company is actively evaluating the integration of several Qatar-based private companies already owned by the Chairman, with a view to aligning them with HIRU's long-term structure and public-market presence.
Due Diligence on U.S.-Based Gold Mining Opportunities
HIRU is currently conducting due diligence on three gold mining operations located in the United States, which have submitted acquisition proposals. A final selection is expected in the near term, supporting HIRU's entry into resource-backed sectors. Additional mineral-sector assets in high-demand categories are also under review.
No Dilution, No Leverage - Fully Aligned Capital Strategy
The Company confirms that it has not issued any new shares and has not entered into any loan or derivative instruments. All corporate activity to date has been financed through direct capital contributions from the Chairman, preserving full alignment between capital structure and shareholder value.
About HIRU Corporation
HIRU Corporation is a U.S.-listed holding company engaged in strategic acquisitions, asset-backed expansion, and international operations. With headquarters in Qatar and offices in the United States and Australia, HIRU follows a disciplined growth model aligned with long-term shareholder value and institutional-grade governance, with a core focus on mining and natural resources exploration.
Contact:
HIRU Corporation
3379 Peachtree Road NE, Suite 700
Atlanta, GA 30326
Email: info@hirucorporation.net
Phone: +1 775-312-2773
SOURCE: HIRU Corporation
View the original press release on ACCESS Newswire
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