Welcome to our dedicated page for Hiru news (Ticker: HIRU), a resource for investors and traders seeking the latest updates and insights on Hiru stock.
News for HIRU CORP (OTC: HIRU), described in recent releases as Ameerex Corporation, centers on its evolution into a diversified natural-resources and energy company. Company announcements highlight activity across precious metals, nickel-copper-cobalt, lithium, and oil and gas, giving investors insight into how management is reshaping the business.
Readers can follow updates on the Balfour Nickel-Copper-Cobalt Project in Western Australia, which the company presents as a cornerstone mining asset. News also covers the Memorandum of Understanding to acquire the Corcoran Canyon Silver-Gold Project in Nevada, including details from the NI 43-101 Technical Report and commentary on geological targets that the company believes offer room for expansion.
A significant portion of recent news focuses on Ameerex’s move into energy-transition minerals. Releases describe a multi-asset lithium transaction in Argentina and Brazil and a strategic partnership with Patagonia Lithium Limited (ASX: PL3), providing exposure to a JORC-reported lithium brine resource in Argentina’s Lithium Triangle and to direct lithium extraction test work.
Another news theme is the company’s entry into oil and gas. Articles outline its equity participation in Falcon Caddo Venture LLC in Texas, plans for redevelopment of the Rasberry Unit Field, and a later shift toward clean-title, producing oilfields in Canada, Texas, and Kansas. These stories explain how Ameerex aims to build a producing asset base using equity from Qatari shareholders.
Investors and observers can use this news feed to review corporate restructuring steps, capital strategy statements, and ongoing transaction updates that the company has chosen to disclose through press releases.
Hiru Corporation (OTC PINK:HIRU) has announced plans to amend its articles of incorporation, reducing its authorized common stock from 4,995,000,000 shares to 2,000,000,000 shares. This move aims to restructure the company’s capitalization, making it more attractive for future acquisitions and minimizing shareholder dilution. CEO Kathryn Gavin emphasized that this change reflects the company’s commitment to maximizing shareholder value and maintaining a stable stock structure for at least three years, barring significant acquisitions.
Hiru Corporation (Ticker: HIRU) announces the construction of its third bottled water production facility in Phoenix, Arizona. This new 85,000 square foot facility will accommodate rising demand and support large purchase orders, increasing total operational space to 109,000 square feet. An automated bottling line capable of producing 60 to 80 bottles per minute will enhance production efficiency, enabling the company to offer flavored and alkaline water. The facility aims to drive record revenues in FYE 2021 and 2022, with anticipated monthly rent of $26,500.
Hiru Corporation (OTC PINK: HIRU) has successfully acquired AZ Custom Bottled Water, Inc., enhancing its operations in the consumer bottled water sector. The acquisition, finalized through an equity exchange of 100 million shares, allows HIRU to own a fully operational bottling facility in Phoenix, Arizona, which has been active since 2007. The company anticipates significant growth, with 2021 revenue forecasts suggesting record-setting performance. To support this growth, HIRU is planning to build a new 12,500 square foot facility.
Hiru Corp (HIRU) announced its designation as 'Pink Sheet Current' by OTC Markets after fulfilling all mandatory disclosure requirements. This marks the first time in over four years that HIRU has not been under a 'Caveat Emptor' notice. The company has filed annual disclosures for 2019, 2020, and Q1 2021, and is actively seeking to acquire cash-flow positive businesses in high-growth industries. HIRU has also implemented Level 2 real-time quotes for investor transparency. The management emphasizes their commitment to maximizing shareholder value as they pursue strategic acquisitions.
Hiru Corp. (OTC PINK: HIRU) announced the removal of the Caveat Emptor warning from its ticker by OTC Markets, marking a significant milestone. This change follows the company’s publication of financial statements for the fiscal years ending December 31, 2019, and December 31, 2020, as well as Q1 2021 reports. The CEO, Kathryn Gavin, emphasized transparency and commitment to growth, stating the removal signals HIRU's readiness for business. The company aims to strengthen its revenue base following this development.
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Hiru Corporation (HIRU) has successfully filed necessary documents and paid fees to become current with the Secretary of State of Georgia. The company is in the process of applying with OTC Markets and has filed a Form 8-K Current Report with the SEC. HIRU anticipates obtaining filing codes from OTC Markets by the end of April 2021, enabling the company to download delinquent quarterly reports. Additionally, HIRU has established social media accounts for better information dissemination.