Welcome to our dedicated page for International Tower Hill Mines SEC filings (Ticker: THM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
International Tower Hill Mines Ltd. filings document the company’s mineral-property business, its Livengood Gold Project in Alaska and the governance of a British Columbia issuer with common shares registered on NYSE American under THM. Annual and quarterly reports provide financial statements, management discussion, operating and financial results, project-related disclosures, risk factors and capital resources.
Proxy materials cover annual shareholder meeting matters, including director elections, auditor appointment, advisory compensation votes and vote-frequency proposals. Form 8-K reports record material events such as board appointments, executive compensation actions, material agreements, shareholder voting matters and capital-structure disclosures.
International Tower Hill Mines Ltd. reported net income of $2.27 million for the quarter ended March 31, 2026, compared with a net loss of $0.67 million a year earlier. The swing was driven mainly by a foreign exchange gain of $2.68 million and interest income of $0.64 million.
The company completed a large equity financing, issuing 33.7 million shares in a public offering and 19.5 million shares in related private placements, for aggregate gross proceeds of about $118 million. Cash and cash equivalents rose to $64.69 million, and total current assets to $115.44 million, strengthening liquidity.
ITH remains a development-stage gold company focused on its 100%-owned Livengood Gold Project in Alaska, which has established reserves and resources as described in prior technical reports. The 2026 work program, including drilling, metallurgical and feasibility studies, and permitting support, is expected to cost $20–25 million, funded from the recent capital raise.
International Tower Hill Mines Ltd. reported that investment funds managed by Paulson & Co. Inc., a more than 10% owner, made an open-market purchase of common shares. On April 16, 2026, the funds bought 4,913,665 common shares at $2.56 per share, held indirectly by managed funds. Following this transaction, the funds indirectly owned 104,486,703 common shares. The filing notes that all securities are owned by the funds and that Paulson & Co. and John Paulson may be deemed to indirectly beneficially own these securities under SEC rules, while expressly disclaiming beneficial ownership beyond what is attributed under those rules.
Paulson & Co. Inc. filed Amendment No. 7 to its Schedule 13D on International Tower Hill Mines Ltd., reporting an increased stake after a new share purchase. On April 16, 2026, funds managed by Paulson bought 4,913,665 common shares in a block trade for about $12.6 million at $2.56 per share. Paulson now reports beneficial ownership of 104,486,703 common shares, representing 39.9% of the company’s outstanding stock, based on 261,637,473 shares outstanding as of April 8, 2026. Paulson notes the shares are owned by its funds, and it disclaims pecuniary ownership except for Schedule 13D purposes.
INTERNATIONAL TOWER HILL MINES LTD director Andrew Phillip Cole filed an initial Form 3 to report his status as a reporting person for the company’s securities. The filing in this excerpt does not list any buy, sell, or other reportable transactions and shows no derivative positions.
International Tower Hill Mines Ltd. is asking shareholders to vote at its May 27, 2026 annual meeting in Vancouver on five main items: fixing the Board at seven directors, electing seven nominees, appointing Davidson & Company LLP as auditor, and holding advisory votes on executive pay and the frequency of future say-on-pay votes.
Holders of common shares as of April 8, 2026 can vote, with 261,637,473 shares outstanding, one vote per share and a 5% quorum requirement. Paulson & Co. Inc. beneficially controls about 38% of the shares and can designate two directors. The proxy also details governance practices, committee compositions, compensation philosophy, stock option and deferred share unit plans, and concentrated insider and institutional ownership.
International Tower Hill Mines Ltd. appointed Andrew Cole to its Board of Directors effective April 1, 2026, to serve until the 2026 annual general meeting or until he ceases to be a director. He will receive director compensation consistent with the company’s disclosed director compensation program.
Cole brings over 35 years of metals and mining experience, including leadership roles at the Donlin Gold Project in Alaska and Barrick Gold’s U.S. operations, with notable expertise in processing refractory ore. The company highlights his role in securing major permits and guiding large-scale projects, which it views as important as it advances the Livengood Gold Project through feasibility, permitting and early development.
International Tower Hill Mines Ltd. filed its annual report detailing progress and risks at its Livengood Gold Project in Alaska. As of December 31, 2025, the project has proven and probable reserves of 430.1 million tonnes at 0.65 g/tonne (9.0 million ounces of gold) and additional measured and indicated resources of 274.51 million tonnes at 0.52 g/tonne (4.62 million ounces), exclusive of reserves.
A Technical Report Summary outlines a 65,000‑ton‑per‑day open‑pit operation producing 6.4 million ounces over 21 years, with estimated initial capital of $1.93 billion, all‑in sustaining costs of $1,171 per ounce and a net present value (5%) of $400 million at $1,800 gold. The study is preliminary and the company notes the project is only marginally viable at a $1,680 gold price and 5.3% internal rate of return.
To advance feasibility and metallurgical work, the company completed a January 2026 public offering of 33,672,000 common shares at $2.22 per share for gross proceeds of about $74.8 million, plus a concurrent private placement of 19,520,000 shares to Paulson & Co. Inc. affiliates for about $43.3 million. Shares outstanding were 261,077,473 as of March 3, 2026. The report highlights ongoing permitting, environmental, community and technical risks, and confirms the company remains in the development stage with no current production.
International Tower Hill Mines Ltd. reported that its board raised Chief Executive Officer Karl Hanneman’s base salary to US$342,538 per year. The change recognizes an increase in his CEO role from 50% to full-time, effective December 1, 2025. To reflect the higher salary and time commitment, the company and Mr. Hanneman entered into an amended and restated employment agreement, with all other terms of his employment remaining unchanged. The full agreement is filed as an exhibit to this report.
International Tower Hill Mines Ltd. director Anton J. Drescher received a grant of 11,858 deferred stock units on February 9, 2026. This is reported as a direct, derivative security acquisition at a price of $0 per unit, reflecting equity-based director compensation.
Each deferred stock unit represents the right to receive one common share. The units vested in full on the grant date, and the underlying common shares will be delivered when Drescher’s service as a director ends. Following this grant, he beneficially owns 11,858 deferred stock units.
WENG THOMAS S. reported acquisition or exercise transactions in this Form 4 filing.
International Tower Hill Mines Ltd. director Thomas S. Weng received a grant of 17,787 deferred stock units on February 9, 2026. Each deferred stock unit represents the right to receive one common share, and the award vested in full on the grant date.
Mr. Weng will receive the underlying common shares when his service as a director ends. Following this grant, he directly holds 17,787 deferred stock units linked to the company’s common stock.