mascale
5 hours ago
In the HIRU announcement there is this--already noted days ago.
The Balfour Project is projected to treat 500,000 tonnes of ore annually, grading at 1.5% copper, yielding approximately 50,000 tonnes of copper concentrate per year. The study evaluates a 5-million-tonne ore processing scenario, representing only a portion of the overall project, as additional resources remain to be explored and developed.
Then there is additional background. For local details. Rather than contact an IHUB message board poster then anyone contacts G. Summers, Tasmania--multi-generational aware of local details.
That Jack_Herer appears unable to notice.There is also the phishing concept, possibly to apply!
delerious1
5 hours ago
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
July 23, 2024
Date of Report (Date of earliest event reported)
HIRU Corp.
(Exact name of registrant as specified in its charter)
Georgia 001-13226 58-1861457
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
20 Bay Street, 11th Floor, Toronto, ON, Canada M5J 2N8
(Address of principal executive offices) (Zip Code)
(954) 228-1053
Registrant’s telephone number, including area code
500 S Australian Ave, Suite 600, West Palm Beach, FL, 33401
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
â? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
â? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
â? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
â? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
N/A HIRU N/A
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company â?
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. â?
SECTION 5 — CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.01
Changes in Control of Registrant.
On July 23, 2024 Hiru Corporation signed the Stock Purchase agreement and Operational Agreement which both reflected in the Change in control of the Company.
Old preferred shareholder Sasa Vasiljevic has been appointed as an independent director as well as Geoffrey Summers.
New preferred shareholder/control holder is Sihem Chakroun Ep Bou Ali.
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As per the Board Resolution, previous officers resigned, and new officers stepped on board.
The HIRU board accepts the resignation of:
• Vladislav Duba on his position as CEO
• Irina Veselinovic on her position as CFO
• Sasa Vasiljevic on his position as Chairman.
The board accepts and appoints:
• Khalid Nasser A.S. Al-Thani on a position as Chairman and CEO
• James Peter Thorp will assume the position of CFO
• Ian Charles Thorp will assume the position of COO
• Irina Veselinovic will remain as the interim Director in a capacity of Secretary
• Vlad Duba stayed in the capacity of a Site surveyor, and
• Ratheo Molebatsi stayed in the capacity of a Mine manager.
SECTION 9 — FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release dated July 29, 2024
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HIRU Corp.
DATE: October 08, 2024 By: /s/ Khalid Nasser
Name: Khalid Nasser
Title: Chief Executive Officer
mascale
6 hours ago
Anyone literate would not ask an anonymous IHUB poster about HIRU corporate information: HIRU corporate counsel likely having reviewed any new releases. One IHUB poster alleges mascale even to be a Serbian Language expert, in a clearly racist context.
Anyone literate would not expect Jack_Herer poster to be a party to the details, same basis. HIRU has staff, even in OTC filings.
Anyone literate would note the G. Summers, on-boarding. (Tasmanian)--mining exec--at Hiru. There appears adequate access to local details HIRU noted.
Then everyone easily notices all the exceptions necessary to follow along a Jack_Herer post on IHUB.
"Hiru Corporation (HIRU) Releases Preliminary Feasibility Scoping Study for the Balfour Project, Tasmania:" is farily straightforward information, comparing. There is supportive background public information.
"Phishing" comes to mind in wondering even about Tasmanian media announcments(?).
Small Time Tina
6 hours ago
It's just information dude🤷🏽♀️
It's not like I announced I will be adding influencers to promote the stock or adding more Twitter accounts to disseminate information.
You pointing your focus on the wrong person. Everything you bothering me about you can bother 20 other accounts about. Miro told you I'm the bad guy with no proof and you jumped on it.
Until he can have a conversation with me like an adult about my posts and actually tell me what about my posts are so super intense that OTC has solely focused on me then it didn't happen and I will continue to do what I want. It's too easy to change the format of my posts if there is indeed something wrong with them but Miro has never not once said hey could you change the format. Instead he blocked me and then later I found out he was talking about me like a child making posts and tweets about me that I didn't even see at first. Saying he spoke with me when he has not.
I connect dots that's what I do.
If you keep telling people to stop being dumb and "read the filing", read the PR, it's on the website, it's in the disclosure, etc. There is going to be someone who takes your advice and reads all of those things and breaks it down for investors so you can stop calling them dumb for not completely understanding the things you are telling them should be self explanatory. PIPE funding is not self explanatory, QTR reports are not self explanatory to those with no prior experience with them, SEC filings not self explanatory, the mining information not self explanatory, the promotion badge not self explanatory.
People are looking for stuff they understand. Once they feel comfortable with the information you will see less confusion and bashing. Most get frustrated and post things that may seem negative just because they don't completely understand what they are looking at and are looking for answers.
Jack_Herer
8 hours ago
So where is the actual Scoping Study report? This is just a news release briefly summarizing a few line items from one, but where is the actual report they claim to have released?
I still gotta wonder how they expect to be mining any time soon without a valid mining permit (no, they don't currently have one, just a tiny 5 ha. 220m X 220m mining lease in D&B Mining's name that covered the old Murray's Reward mine and expired Jun.03/2022 and is pending a renewal), they don't have a definitive feasibility study, they haven't conducted an environmental and social impact analysis, I doubt, but I could be wrong, they have received any of the permitting required to build a mine (this would be all over the Tas news, right?), and although they claim to have a JORC-compliant resource estimation for Murray's Reward, they haven't yet released that either....
HIRU Corporation (HIRU) Releases Preliminary Feasibility Scoping Study for the Balfour Project, Tasmania
QuantumTravesty
9 hours ago
Newsfile
HIRU Corporation (HIRU) Releases Preliminary Feasibility Scoping Study for the Balfour Project, Tasmania
Newsfile Corp.
Tue, October 8, 2024 at 6:00 PM GMT+7 4 min read
In This Article:
HIRU
0.00%
Toronto, Ontario--(Newsfile Corp. - October 8, 2024) - HIRU Corporation (OTC Pink: HIRU) $HIRU www.otchiru.com, www.hirumining.com is pleased to announce the completion of a preliminary feasibility scoping study for the Balfour Copper Project located in northwestern Tasmania, Australia. This study, which focuses on a 10-year Life of Mine (LOM) snapshot, highlights the project's significant financial potential, driven by both the scale of copper reserves and increasing global demand.
The Balfour Project is projected to treat 500,000 tonnes of ore annually, grading at 1.5% copper, yielding approximately 50,000 tonnes of copper concentrate per year. The study evaluates a 5-million-tonne ore processing scenario, representing only a portion of the overall project, as additional resources remain to be explored and developed.
Projected Revenue & Financials
Year 1 projected metal revenue: USD $73.47 million
Year 10 projected metal revenue: USD $93.07 million
Estimated net revenue and strong cash flow throughout the 10-year period:
Year 1 net revenue: USD $33.80 million
Year 10 net revenue: USD $42.81 million
Total costs are expected to rise from USD $39.67 million in Year 1 to USD $50.26 million by Year 10.
The scoping study underscores the project's scalability and financial robustness. The JORC-compliant resources at Murry's Reward, located within the Balfour Project, represent just a fraction of the potential. Extensive exploration opportunities along the 70-kilometer strike remain untapped, suggesting that the project's ultimate production capacity may far exceed the figures presented in this initial analysis.
By-Products & Diversification The Balfour Project's potential is further enhanced by the presence of by-products such as gold and silver, which are frequently associated with copper deposits in Tasmania. These by-products offer diversification of revenue streams, providing additional financial upside and serving as a hedge against potential copper price volatility.
HIRU Corporation remains committed to advancing the Balfour Project while maintaining a balance between resource extraction and environmental sustainability, in line with Tasmanian laws and regulations. As the project progresses, further studies and exploration are planned to unlock the full potential of the project.
In other company news and events, The management acknowledges it has a "promotional" horn icon placed with OTC Markets. This is a standard operating procedure by OTC with no reason to be alarmed as the Company is current with all routine and required filings. This icon is typically removed within 15 to 30 days after the promotion ends.
https://finance.yahoo.com/news/hiru-corporation-hiru-releases-preliminary-110000457.html