Hiru Stock Price, News & Analysis

HIRU CORP (OTC: HIRU), operating as Ameerex Corporation in recent disclosures, is described in company news as a diversified natural-resources group with a portfolio that spans precious metals, critical energy-transition minerals, and select oil and gas interests. The company is quoted on the OTC market under the symbol HIRU and is presented in press releases as a U.S. corporation with principal executive offices in Atlanta, Georgia and additional headquarters in Qatar and operational offices in Tasmania.

According to multiple news releases, Ameerex Corporation is owned and managed by high-profile Qatari investors and is characterized as the first OTC-listed U.S. company owned and directly managed by Qatari investors. The company highlights the leadership of a member of the Qatari royal family and positions itself as a bridge between Gulf capital and North American energy and natural-resources development.

Natural-resources focus and asset base

Company communications describe HIRU / Ameerex as a diversified mining and holding company focused on mining and natural resource exploration. Its stated asset base includes the Balfour Nickel-Copper-Cobalt Project in Western Australia, which is described as a cornerstone, long-life asset owned by the company. News releases also refer to additional mining properties in Australia and to due diligence on gold mining operations in the United States.

In North America, Ameerex has announced a Memorandum of Understanding to acquire a 100% interest in the Corcoran Canyon Silver-Gold Project in Nye County, Nevada, supported by an NI 43-101 Technical Report outlining an inferred mineral resource of approximately 45.6 million silver-equivalent ounces. The project is described as a low-sulfidation epithermal silver-gold system with pit-constrained and underground ounces and multiple exploration targets for potential resource growth.

The company also reports an integrated strategy in energy-transition minerals. Press releases describe a multi-asset lithium transaction in Argentina and Brazil and a strategic partnership with Patagonia Lithium Limited (ASX: PL3), under which Ameerex seeks economic participation in the Formentera Lithium Brine Project in Argentina’s Lithium Triangle. Company news emphasizes that this project has JORC-compliant lithium carbonate equivalent resources and has been tested using Ekosolve direct lithium extraction technology.

Oil and gas activities

Beyond metals and minerals, Ameerex reports expansion into oil and gas. The company has disclosed a joint venture with a British energy partner through Falcon Caddo Venture LLC, operator of the Rasberry Unit Field Project in Foard County, Texas. Press releases state that Ameerex acquired an initial equity participation in this project, which targets redevelopment of a historically producing field in the Caddo Limestone Reef formation.

In later updates, Ameerex indicates a shift in focus toward clean-title, producing oil assets, including a formal offer for a producing Canadian oilfield and discussions regarding additional producing fields in Texas and Kansas. Company communications describe an objective of building a portfolio of producing oil assets and refer to a goal of reaching a specified level of daily production through disciplined selection of assets that meet internal title, operational, and revenue criteria.

Corporate restructuring and strategic realignment

Earlier news describes a significant corporate restructuring at HIRU Corporation, including the removal of legacy operations and liabilities associated with prior ownership and the disposal of a former water business. The company states that it never took possession of the former water facility or related physical assets and that these remained with the previous ownership group. As part of this process, HIRU reports an accounting gain related to the removal of discontinued assets and obligations, with an intention, subject to conditions, to distribute benefits as a dividend.

Following this realignment, HIRU indicates that it has fully integrated a wholly owned mining business and refocused exclusively on mining and natural resources. The company also reports regaining "Current Information" status on OTC markets and emphasizes a governance reset, with prior officers removed and a streamlined leadership structure aligned with its mining and natural-resources strategy.

Capital structure and financing approach

Company news highlights a capital strategy centered on equity contributions from principal shareholders. In several releases, Ameerex notes that projects, including the Falcon Caddo venture, are financed through direct equity from Qatari shareholders, with no bank loans, debt instruments, or credit facilities. Earlier updates from HIRU also describe the use of private placements and offshore Regulation S offerings to fund growth initiatives and mention that capital from the sale of water assets is intended to support acquisitions, mergers, and related investments.

In a shareholder update, HIRU reports that new management settled prior debts and liabilities with self-funded financing and describes the company as almost debt free under the new leadership. The same update notes that additional mining assets are expected to be consolidated into the company’s financials following a change in control.

Growth plans and strategic direction

HIRU’s news flow outlines an ambitious growth strategy. The company describes plans for acquisitions of mining assets, including an ASX-listed mining company, potential mergers with industrial companies, and vertical integration into refining, processing, and related sectors such as construction. It also references intentions to pursue listings or dual listings on senior exchanges and international stock exchanges, and to consider share buybacks or dividends funded by asset monetization.

In more recent Ameerex-branded releases, the company emphasizes building a balanced natural-resources platform that combines high-grade precious-metals projects, cash-flowing oil production, and long-life nickel-copper-cobalt resources, alongside exposure to lithium and other energy-transition minerals. The stated focus is on disciplined expansion, technical work on key projects, and long-term value creation across commodity cycles, as described in the company’s own communications.

Business profile summary

Based on the company’s published news, HIRU CORP / Ameerex Corporation presents itself as:

• A U.S. OTC-quoted corporation with principal executive offices in Atlanta, Georgia and additional international offices referenced in Qatar and Tasmania.
• A diversified natural-resources and mining-focused holding company with assets and initiatives in nickel, copper, cobalt, silver, gold, lithium, and oil and gas.
• A vehicle for Gulf-based investors, particularly Qatari shareholders, to participate in North American and international resource projects.
• An entity that has transitioned away from a legacy water business toward an asset-backed strategy in mining and energy.

All of these characteristics are drawn from the company’s own press releases and public communications and reflect how HIRU / Ameerex describes its operations and strategic priorities.