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International Tower Hill Mines Files 2022 Third Quarter Financial Results

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Rhea-AI Summary

International Tower Hill Mines Ltd. (THM) filed its unaudited third quarter financial statements for the period ended September 30, 2022. The report shows the Company had working capital of US$5.2 million. Shareholders can access the financial statements and related documents on SEDAR, EDGAR, and the Company’s website. The company holds a 100% interest in the Livengood Gold Project located near Fairbanks, Alaska.

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Positive

  • Working capital of US$5.2 million.

Negative

  • None.

News Market Reaction – THM

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In the trading session that priced this news, THM gained 10.05%, reflecting a significant positive market reaction.

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VANCOUVER, BC, Nov. 10, 2022 /PRNewswire/ - November 10, 2022 – International Tower Hill Mines Ltd. (the "Company") - (TSX: ITH) (NYSE American: THM) today announced that it has filed its unaudited third quarter Financial Statements and associated Management Discussion and Analysis and Quarterly Report on Form 10-Q for the three- and nine-month period ended September 30, 2022.

As of September 30, 2022, the Company had working capital of US$5.2 million.

Shareholders can obtain copies of the Company's unaudited third quarter Financial Statements and associated Management Discussion and Analysis and Form 10-Q on SEDAR at: www.sedar.com, EDGAR at www.sec.gov and on the Company's website at: www.ithmines.com. The Company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. has a 100% interest in its Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.

On behalf of
International Tower Hill Mines Ltd.

(signed) Karl L. Hanneman 
Chief Executive Officer

This news release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

Cision View original content:https://www.prnewswire.com/news-releases/international-tower-hill-mines-files-2022-third-quarter-financial-results-301673721.html

SOURCE International Tower Hill Mines Ltd.

FAQ

What are the financial results for International Tower Hill Mines (THM) in Q3 2022?

The unaudited financial results for Q3 2022 show working capital of US$5.2 million.

Where can I find the Q3 2022 financial statements for THM?

The Q3 2022 financial statements for THM can be found on SEDAR, EDGAR, and the Company’s website.

What is the Livengood Gold Project associated with THM?

The Livengood Gold Project is a 100% interest project of THM located 70 miles north of Fairbanks, Alaska.