Welcome to our dedicated page for International Tower Hill Mines news (Ticker: THM), a resource for investors and traders seeking the latest updates and insights on International Tower Hill Mines stock.
International Tower Hill Mines Ltd. (THM) is a gold ore mining company focused on the Livengood Gold Project in Alaska. The news flow around THM centers on project advancement, technical studies, corporate finance, and ongoing regulatory reporting in both Canada and the United States. This page aggregates news releases and third-party coverage related to the company’s activities and disclosures.
Investors following THM news will see regular announcements about financial reporting, including the filing of unaudited quarterly financial statements, Management Discussion and Analysis, and U.S. Form 10-Q reports, as well as audited year-end financial statements and Form 10-K. These items provide updates on the company’s financial position and spending on exploration and project work.
Another key theme in International Tower Hill Mines’ news is technical and metallurgical work at the Livengood Gold Project. The company has reported on its S-K 1300 Technical Report Summary and subsequent metallurgical studies, including work on massive stibnite (antimony) veins within the deposit. News items describe preliminary antimony deportment results, flotation potential, and plans for further test work at specialized laboratories.
THM news also covers corporate and financing developments, such as non-brokered private placements with institutional shareholders to fund project activities, and outcomes of annual general meetings where shareholders elect directors, appoint auditors, and vote on advisory resolutions. Together, these updates offer a view into how International Tower Hill Mines manages its flagship Livengood asset and corporate affairs over time.
For readers tracking THM, this news page serves as a central place to review company announcements on financial filings, project studies, equity financings, and governance events related to International Tower Hill Mines and the Livengood Gold Project.
International Tower Hill Mines (TSX: ITH) (NYSE American: THM) has approved a $3.7 million work program for 2025 at the Livengood Gold Project. The program will focus on three main areas: metallurgical study of stibnite antimony mineralization, advancement of baseline environmental data collection for future permitting, and continued community engagement.
The company has also successfully completed a non-brokered private placement on March 4, 2025, raising approximately US$3.9 million through the issuance of 8,192,031 common shares at US$0.4801 per share to existing major shareholders. The company has filed its audited Year-End Financial Statements and Management Discussion and Analysis on Form 10-K for the year ended December 31, 2024.
International Tower Hill Mines (THM) has completed a US$3.9 million non-brokered private placement, issuing 8,192,031 common shares at US$0.4801 per share to existing major shareholders. The placement represents approximately 4.1% of previously outstanding shares, bringing the total to 207,885,473 shares.
The funds will partially support the study of antimony mineralization at the Livengood Gold Project, where 54 veins of massive stibnite were identified with antimony grades up to 6.9%. The project contains a 9.0 million ounce gold reserve with projected production of 6.4 million ounces over 21 years.
The private placement was taken up by Paulson & Co. Inc., Electrum Strategic Opportunities Fund II L.P., and Kopernik Global Investors, . The company aims to evaluate potential antimony recovery, which could add value to the project and contribute to U.S. critical mineral needs amid record high antimony prices.
International Tower Hill Mines (TSX: ITH, NYSE American: THM) announced the filing of its unaudited third quarter Financial Statements and associated Management Discussion and Analysis for the period ending September 30, 2024.
These documents, including the Quarterly Report on Form 10-Q, are available on SEDAR+, EDGAR, and the Company’s website. Shareholders can also request free hard copies directly from the Company.
Fortress Investment Group has appointed Damola Adamolekun as CEO of RL Investor Holdings , a new entity seeking bankruptcy court approval to acquire the Red Lobster restaurant chain. This acquisition is part of a Chapter 11 plan for Red Lobster, with RL Investor Holdings created by funds managed by Fortress affiliates and co-investors TCW Private Credit and Blue Torch. Upon court approval, Adamolekun will become CEO of the reorganized company, which will continue to operate independently with 544 locations across 44 U.S. states and four Canadian Provinces. Adamolekun aims to reinvigorate the brand by improving employee and guest experiences. Fortress, known for its track record in operating and improving iconic American restaurants, views Adamolekun's leadership as key to restoring Red Lobster's status as an iconic American brand.
International Tower Hill Mines (TSX: ITH) (NYSE American: THM) has filed its unaudited second quarter Financial Statements for the three- and six-month period ended June 30, 2024. The company has also submitted its associated Management Discussion and Analysis and Quarterly Report on Form 10-Q. These documents are now available for shareholders to access on SEDAR+, EDGAR, and the company's website. International Tower Hill Mines is offering to provide hard copies of these documents free of charge to shareholders who directly request them from the company. This filing is a standard quarterly financial reporting practice for publicly traded companies, allowing investors and regulators to review the company's financial performance and position.
International Tower Hill Mines (TSX: ITH, NYSE American: THM) announced the results of its 2024 Annual General and Special Meeting of shareholders held on May 29, 2024, in Vancouver, B.C. Six directors were elected with significant majorities: Anton Drescher (89.24%), Karl Hanneman (99.55%), Stuart Harshaw (80.97%), Marcelo Kim (99.49%), Edel Tully (99.16%), and Thomas Weng (99.24%).
The current auditors, Davidson & Company, were re-appointed for the fiscal year ending December 31, 2024. Shareholders also approved executive compensation (98.90%) and re-approved both the 2017 Deferred Share Unit Incentive Plan (99.08%) and the 2006 Incentive Stock Options Plan (89.40%). Detailed proxy voting results will be available on SEDAR+ and the company’s website.
International Tower Hill Mines announced the filing of its unaudited first quarter financial results for the period ended March 31, 2024. Shareholders can access the documents on SEDAR, EDGAR, and the company's website. Hard copies are available upon request.
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