Hiru Corporation (HIRU) Providing Clarity on Our Strategic Growth Plans

Rhea-AI Summary

Hiru (OTC Pink: HIRU) has announced progress on its strategic growth initiatives, including a major takeover plan for OTC Markets. The company has secured partnerships with offshore investors through a Regulation S offering restricted to non-North American residents. Management projects 2025 revenues of $10-15 million USD with 30% EBITDA margins.

The company addresses criticism regarding share issuances, stating these are part of a calculated strategy for growth. Key upcoming milestones in the next 60-90 days include finalizing the takeover deal, revenue growth, operational expansion, and increased market visibility. The company reports gaining attention from Bloomberg and Fox Business media outlets.

Positive

• Projected 2025 revenues of $10-15 million USD
• Expected EBITDA margins of 30%
• Secured offshore investment through Regulation S offering
• Major media coverage from Bloomberg and Fox Business

Negative

• Share issuance and potential dilution concerns
• disclosure due to federal securities regulations
• Reliance on non-traditional financing methods

Toronto, Ontario--(Newsfile Corp. - December 9, 2024) - Hiru Corporation (OTC Pink: HIRU) is moving forward with its previously announced strategic growth initiatives, which include a massive and unprecedented takeover event for OTC Markets. This bold and aggressive plan requires significant capital and innovative financing solutions, and we are proud to share that we have successfully secured partnerships with offshore investors through a Regulation S offering. This offering is restricted to non-North American residents and ensures these shares are only sold outside North America.

In addition, the company is leveraging other non-traditional financing methods to support this growth. However, due to Federal securities regulations, we are limited in the level of detail we can disclose until the deal is completed.

Addressing Criticism

We are aware that some critics, potentially with hidden agendas, are exploiting the current transparency of our maneuvers to spread misinformation, such as claims of "dilution." We want to make it clear: these assertions are false. The company's share issuances are part of a calculated strategy to facilitate this transformative growth plan, which aims to deliver substantial long-term shareholder value.

We understand that observing this process in real time can lead to questions, but we assure our stakeholders that accountability and results are at the forefront of our efforts.

Upcoming Milestones: Next 60-90 Days

Hiru Corporation's management anticipates achieving the following milestones within the next 60 to 90 days:

1. Finalizing the Takeover Deal: The culmination of this historic acquisition, positioning Hiru Corporation as a leading player in our industry.

2. Significant Revenue Growth: We project revenues for 2025 to be in the range of $10 to $15 million USD, supported by robust EBITDA margins of approximately 30%.

3. Operational Expansion: Integrating new assets seamlessly to ensure operational efficiency and profitability.

4. Increased Market Visibility: Strengthening Hiru's profile through upcoming media exposure and investor outreach.

Media Recognition

Our ambitious activities have garnered attention from major business media outlets, including Bloomberg and Fox Business. We are in discussions regarding an exposé on Hiru Corporation that will showcase the scale and potential of our growth strategy. This increased visibility is expected to attract new investors and enhance market confidence.

A Vision for the Future

Hiru Corporation's takeover attempt represents not just a growth opportunity but a bold step forward in redefining our industry position. With the successful close of this initiative, we expect to achieve record-breaking revenues and propel Hiru to unprecedented heights.

We thank our shareholders for their continued trust and patience as we execute this transformative plan. Together, we are shaping the future of Hiru Corporation.

About Hiru Corporation

Headquartered in Toronto's financial district, Hiru Corporation is a holding company focused on mining exploration, particularly at the Balfour mine project in Australia. Its board and control block holders are based in Qatar and Australia, including a Qatari royal family member and a 7th-generation Tasmanian landowner.

Forward-Looking Statements

This release may contain forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements, often identified by terms such as "expects," "anticipates," or "intends," involve inherent risks and uncertainties. While the company believes the assumptions underlying these statements are reasonable, actual results could differ materially. Investors should exercise caution when relying on forward-looking statements.

Contact Information

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232954

FAQ

What are HIRU's projected revenues for 2025?

Hiru projects revenues of $10-15 million USD for 2025 with expected EBITDA margins of approximately 30%.

How is HIRU financing its takeover plans?

HIRU is financing through a Regulation S offering to offshore investors (non-North American residents) and other non-traditional financing methods.

What major milestones does HIRU expect in the next 60-90 days?

HIRU expects to finalize the takeover deal, achieve significant revenue growth, complete operational expansion, and increase market visibility.

Which major media outlets are covering HIRU's growth strategy?

Bloomberg and Fox Business are reported to be covering HIRU's growth strategy, with discussions ongoing regarding an exposé.