Executive leadership at INTERNATIONAL TOWER HILL MINES.
Board of directors at INTERNATIONAL TOWER HILL MINES.
Research analysts covering INTERNATIONAL TOWER HILL MINES.
Recent press releases and 8-K filings for THM.
International Tower Hill Mines Closes US$114.8 Million Equity Financing
THM
New Projects/Investments
- International Tower Hill Mines Ltd. closed an upsized public offering of 33,672,000 common shares at US$2.22 per share, generating US$74.8 million in gross proceeds, which included the full exercise of the underwriters' option.
- Concurrently, the company completed a US$40 million private placement of 18,018,018 common shares to Paulson & Co. Inc. at the same public offering price, bringing the total gross proceeds from these closed transactions to US$114.8 million.
- The net proceeds are expected to fund the exploration and development of the Livengood Gold Project, as well as for general corporate purposes.
- Additionally, Paulson & Co. Inc. subscribed to purchase an additional 1,501,982 common shares for US$3.3 million in a subsequent private placement, which is subject to customary closing conditions.
Jan 27, 2026, 10:50 PM
International Tower Hill Mines Announces Upsized Public Offering and Private Placement
THM
New Projects/Investments
- International Tower Hill Mines Ltd. announced the pricing and upsizing of a public offering of 29,280,000 common shares at US$2.22 per share.
- Paulson & Co. Inc. has agreed to purchase US$40 million of common shares in a concurrent private placement at the same public offering price.
- The combined gross proceeds from the offering and private placement are expected to be approximately US$105 million, potentially increasing to US$115 million if the underwriters fully exercise their option.
- The company intends to use the net proceeds to fund the exploration and development of the Livengood Gold Project.
- The offering is anticipated to close on or about January 27, 2026.
Jan 23, 2026, 3:39 AM
International Tower Hill Mines Announces Public Offering and Private Placement
THM
New Projects/Investments
- International Tower Hill Mines Ltd. (THM) announced a $60 million public offering of common shares.
- Paulson & Co. Inc. has agreed to purchase $40 million of Common Shares in a concurrent private placement at the public offering price.
- The net proceeds from both the offering and the private placement are expected to fund the exploration and development of the Livengood Gold Project.
- If the underwriters' option to purchase additional shares is fully exercised, the aggregate gross proceeds from both transactions will be approximately $109 million.
Jan 22, 2026, 9:16 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more