Ameerex Corporation

What Ameerex Corporation does

Ameerex Corporation (OTC: HIRU), formerly Hiru Corporation, is a diversified natural-resources holding company incorporated in Georgia, USA, and led by H.E. Sheikh Khalid Nasser Ali Al-Thani of the Qatari royal family since July 2024. The company was rebranded from Hiru to Ameerex in October 2025 to reflect a repositioning away from its prior water business toward a multi-commodity platform spanning precious metals, critical base metals, lithium, and North American oil and gas. Following a 2025 corporate restructuring that divested the legacy water business and integrated approximately $90 million of mining assets, the company reached a post-restructuring equity valuation of about US$50 million without share issuance.

Its asset base includes the Corcoran Canyon Silver-Gold Project in Nye County, Nevada (~45.6 million silver-equivalent ounces inferred per an NI 43-101 report), the North American Silver Corporation and Centennial Mining silver properties acquired from Electric Metals (USA) Limited for US$3.5 million, the Balfour Nickel-Copper-Cobalt Project in Tasmania under a 50-year exclusive concession through 2074, and structured lithium exposure of approximately US$4.8 billion in Argentina and Brazil via 10% equity plus rights up to 50%. On the energy side, Ameerex has accepted a bid on the TAQA North 2025 Divestment Offering (~2,100 BOE/d) and has targeted a 5,200 BOE/d Canadian oilfield acquisition, with a stated goal of reaching approximately 10,000 barrels per day.

Ameerex is financed entirely through equity contributions from its Qatari principal shareholders with no debt or credit facilities, positions itself as a strategic bridge for Gulf capital into North American resources, and generates revenue through mineral extraction and the eventual production and sale of oil and gas from its developing portfolio. Headcount is reported at 1-10 employees, operations span the United States, Qatar, Australia, Canada, Argentina, and Brazil, and the company's shares trade on the U.S. OTC Markets with secondary distribution access on Arab brokerage platforms.

Name

Ameerex Corporation

Legal name

AMEEREX CORPORATION

Website

https://ameerex.com

Company type

Public

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Ameerex Corporation (OTC: HIRU) is a Qatar-owned, U.S.-incorporated diversified natural-resources holding company that acquires, develops, and invests in precious metals, critical minerals, and North American oil and gas assets through wholly equity-funded, debt-free financing.

Ownership category

akta.pro rank

Product category

Diversified Mining & Energy

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Other Metal Ore Mining (212290), Oil and Gas Extraction (211)

SIC

Metal Mining (1000), Gold And Silver Ores (1040)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industry

Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)

Keywords

• Natural resources development
• Precious metals mining
• Oil and gas production
• Critical minerals exploration
• Diversified mining portfolio

Headquarters

HQ city

Galanta

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Others, Marketing or Sales

Revenue model

1. Mining Assets: Revenue generation through ownership and development of mining assets including silver-gold projects, copper-nickel-cobalt projects, and lithium mining interests. Income derived from mineral extraction and sale of extracted resources.
2. Oil and Gas Production: Revenue from producing oil and gas assets in North America, generating daily cash flow from barrel equivalent production. The company targets approximately 10,000 barrels per day through disciplined acquisitions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Ameerex Corporation is a diversified natural-resources holding company that acquires, develops, and invests in mining and energy assets across multiple commodity sectors. Its portfolio includes silver-gold projects (Corcoran Canyon in Nevada), nickel-copper-cobalt projects (Balfour in Tasmania), lithium mining interests in Argentina and Brazil, and producing oil & gas assets in North America. Revenue is generated through ownership and extraction of these physical mineral and energy resources, as well as from the appreciation of resource assets financed exclusively by Qatari equity.

Product overview

Ameerex Corporation is a diversified natural-resources holding company operating as a unified platform across multiple commodity sectors. The company is organized around three primary asset categories: (1) precious metals through the Corcoran Canyon Silver-Gold Project in Nevada and acquired North American Silver assets; (2) critical base metals via the Balfour Nickel-Copper-Cobalt Project in Tasmania, Australia; and (3) energy production including TAQA North divestment assets and targeted Canadian oilfield acquisitions in North America. Additionally, the company maintains strategic lithium mining interests in Argentina and Brazil. The portfolio is financed entirely through equity contributions from Qatari investors, with no debt or credit facilities, enabling disciplined expansion across commodity cycles.

Differentiator

Problem solved

Functional benefit

Products and services

• Balfour Nickel-Copper-Cobalt Project A copper-nickel-cobalt mining project in northwestern Tasmania, Australia covering over 70 kilometers of strike, with over 110 identified copper-gold occurrences and a JORC-compliant resource. Operated under a 50-year exclusive concession granted through 2074, with annual royalties payable to private owners D&B Mining and Zebs Minerals. Projected annual production of 50,000 tonnes of copper concentrate over an initial 10-year mine life processing 500,000 tonnes annually, with technical value estimated at A$123.5-200 million.
• Corcoran Canyon Silver-Gold Project A silver-gold exploration project located in Nye County, Nevada. The project hosts approximately 45.6 million silver-equivalent ounces supported by a NI 43-101 compliant technical report, comprising approximately 39.0M AgEq ounces pit-constrained and 6.66M AgEq ounces underground. Features multiple expansion targets including West Target, Intrusion Target, and Pediment Target.
• North American Silver Production Assets Nevada-based silver mining assets including Corcoran and Belmont silver properties in Nye County, acquired from Electric Metals (USA) Limited. The assets include North American Silver Corporation and Centennial Mining subsidiaries, with seller retaining a 2.5% net smelter return royalty on production.
• TAQA North Producing Oil Assets Producing oil and gas assets acquired through TAQA North 2025 Divestment Offering, representing approximately 2,100 barrels of oil equivalent per day (BOE/d) of production. Represents Ameerex's entry into North American oil and gas production, expected to be self-funded by Qatari majority shareholders with no new share issuance.
• Canadian Oilfield Assets Major Canadian oilfield assets targeted for acquisition, delivering approximately 5,200 BOE/day stable production with fully developed infrastructure, low-decline multi-zone reservoirs, and immediate revenue contribution upon closing.
• Lithium Mining Interests (Argentina and Brazil) Multi-asset lithium mining interests in Argentina and Brazil representing exposure to approximately US$66 billion in-situ lithium resource (3.816 million tonnes LCE with 551,400 tonnes classified as drainable). Ameerex holds structured dual exposure including 10% equity interest plus rights to participate for up to 50% in project-level investments representing approximately US$4.8 billion in gross exposure based on the currently defined drainable resource at battery-grade lithium carbonate pricing of US$17,250 per tonne.

Quantifiable outcome

• Reaching approximately 10,000 barrels per day production target through disciplined asset acquisitions
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Electric Metals (USA) LimitedcoreStrategic or Co-development Partner · 30 January 2026Electric Metals sold its Nevada silver assets to Ameerex Corporation for US$3.5 million, including North American Silver Corporation and Centennial Mining subsidiaries with Corcoran and Belmont silver properties. Electric Metals retains 2.5% NSR royalty on production.
• Patagonia LithiumcoreStrategic or Co-development PartnerAmeerex holds structured dual exposure to a JORC-compliant lithium resource in Patagonia through 10% equity interest plus rights to participate for up to 50% in project-level investments. Underlying resource valued at approximately US$66 billion in-situ with 3.816 million tonnes LCE.
• D&B Mining Pty Ltd / Zebs Minerals Pty LtdcoreStrategic or Co-development PartnerD&B Mining Pty Ltd, a wholly owned subsidiary of Zebs Minerals Pty Ltd, holds all exploration licenses and mining lease for the Balfour project. Ameerex secured 50-year exclusive concession (through 2074) granting full exploration, development, and operational rights, with annual royalties payable to private owners.
• Crimson Energy Ltd.coreStrategic or Co-development PartnerCanadian affiliate of Ameerex Corporation used to secure producing oil assets through TAQA North divestment process. Represents Ameerex's entry into North American production.

Scale indicators13 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• SilverCrest Metals: Silver-gold developer with a Nevada asset base; closely mirrors Ameerex's Corcoran Canyon and Belmont silver project acquisitions and Tier-1 U.S. precious-metals focus.
• Lithium Americas: Lithium-focused developer with major Argentine and U.S. lithium assets; comparable to Ameerex's Patagonia/Argentina lithium exposure and its reliance on equity-funded development of a single critical mineral at scale.
• Energy Fuels Inc. U.S.-listed critical minerals producer (uranium, rare earths, vanadium) pursuing energy-transition commodity exposure; analogous to Ameerex's critical-minerals portfolio in copper, nickel, cobalt, and lithium.
• Standard Lithium: Development-stage lithium resource company pursuing extraction projects in the U.S. and Argentina; directly comparable to Ameerex's lithium mining interests and equity-funded development model.
• Electra Battery Metals: Canadian critical-minerals exploration company with nickel, cobalt, copper and battery-materials assets; comparable to Ameerex's Balfour copper-nickel-cobalt project and critical-minerals development strategy.

Emerging players

• Power Metals Corp: Junior critical-minerals explorer advancing lithium, cesium, and tantalum projects; overlaps with Ameerex's lithium/critical-minerals exploration exposure and equity-funded junior development posture.
• Metalla Royalty & Streaming: Royalty/streaming company holding non-operating interests in precious and base metals projects; analogous to Ameerex's structured 10%-equity-plus-rights lithium exposure and its 2.5% NSR-retained silver assets.

Broad incumbents

• Sandstorm Gold Royalties: Established royalty and streaming company that acquires and holds interests in mining projects globally; comparable to Ameerex's portfolio of equity/royalty interests in producing and development assets across multiple commodities.
• Whitecap Resources: Canadian intermediate oil & gas producer focused on disciplined, debt-conscious acquisitions of producing assets; comparable to Ameerex's stated strategy of acquiring producing Canadian oil assets to generate near-term cash flow.
• Hecla Mining Company: Long-standing U.S.-listed silver and gold producer with operations in North America; comparable to Ameerex's Corcoran Canyon silver-gold and Nevada silver asset strategy as a precious-metals-focused operator.

Market position

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AmeerexCorp
• Facebookfacebook.com/AMEEREX-CORPORATION-108724988321130
• LinkedInlinkedin.com/company/ameerex-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ameerex Corporation