Atlanta, Georgia / Doha, Qatar – December 1, 2025 – Ameerex Corporation (OTC: HIRU), the first OTC-listed U.S. company owned and directly managed by Qatari investors, is pleased to reaffirm the established ownership and operating structure of the Balfour Copper–Cobalt Project in Western Tasmania.
The Balfour mineral estate is entirely privately owned, with no government lease or Crown ownership of the mineral rights. All exploration licenses and mining lease 1M/1976 are held under direct private ownership by D&B Mining Pty Ltd, a wholly owned subsidiary of Zebs Minerals Pty Ltd. Ownership of the tenements remains solely with D&B Mining.
Exploration permits in Tasmania follow a routine renewal cycle, and D&B Mining continues to maintain all tenements in good standing through timely lodgment and compliance with regulatory requirements.
In 2024, AMEEREX secured a 50-year exclusive concession granting full exploration, development, and operational rights across the Balfour project area through 2074. Under this long-term framework, AMEEREX is the sole operator, with annual royalties payable to the private owners, Zebs Minerals and D&B Mining.
The clarity and stability of this structure reinforce AMEEREX’s strategic positioning in critical minerals and supports the company’s continued growth within global energy transition markets.
About Ameerex Corporation
Ameerex Corporation (OTC: HIRU) is a Qatar-owned, U.S.-listed diversified holding company investing in energy, mining and industrial sectors. Through its upstream division, Ameerex acquires and develops producing and near-producing oilfields across North America, emphasizing operational efficiency, debt-free growth and long-term shareholder value creation.
Investor Relations
Ameerex Corporation – Doha, Qatar
3379 Peachtree Road NE, Suite 700
Atlanta, GA 30326
Email: info@ameerex.com
Phone: +1 775-312-2773
