International Tower Hill Mines Ltd（THM）資訊與事件THMInternational Tower Hill Mines Ltd

International Tower Hill Mines Appoints New CEO and President

International Tower Hill Mines is pleased to announce the appointment of David Wiens as CEO and Director and Shane Parrow as President, COO and Director, effective August 17 and July 27, respectively. The appointments bring together extensive capital markets, mine financing, project development and Alaska operating experience as the company enters its next phase focused on completing a feasibility study, advancing permitting, securing financing and positioning the Livengood Gold Project for development. Livengood, which contains 13.6M ounces in gold resources, is among one of the largest undeveloped gold projects in the United States. The company also announced that Karl Hanneman will transition from his role as CEO and remain with the company as Strategic Advisor and Director to support the leadership transition and ongoing advancement of the Livengood Gold Project.

International Tower Hill Mines Launches $60M Public Offering

International Tower Hill Mines announced the launch of a $60M public offering of common shares, without par value, of the company in the United States. In connection with the offering, Paulson & Co. has entered into an agreement to purchase $40M of common shares in a private placement at the public offering price of the offering. The company expects to use the net proceeds of the offering and the concurrent private placement to fund the exploration and development of the Livengood Gold Project, including drilling, metallurgical studies, feasibility studies, technical studies, baseline environmental studies, detailed engineering in support of permitting, permitting, legal support, community engagement, mineral lease and land payments, acquisitions and general corporate purposes. The common shares will be offered by the company with BMO Capital Markets acting as lead book-running manager.

International Tower Hill Mines announces $3.9M non-brokered private placement

International Tower Hill Mines announced that it has completed a non-brokered private placement pursuant to which the company issued common shares to existing major shareholders to raise gross proceeds of approximately $3.9M to be used in part to study the massive stibnite antimony mineralization at the Livengood Gold Project. The Private Placement consisted of 8,192,031 common shares of the company, representing approximately 4.1% of the 199.7M shares issued and outstanding prior to the completion of the Private Placement, at a price of $0.4801 per share, the closing price of the company's common shares on the NYSE American on February 25. The Private Placement was taken up by current institutional shareholders of the company, Paulson & Co. Inc., Electrum Strategic Opportunities Fund II L.P. and Kopernik Global Investors, LLC on behalf of itself and affiliates. The company intends to use the net proceeds of the Private Placement for working capital and general corporate purposes, including advancing antimony metallurgical studies. Following completion of the Private Placement, the company has 207,885,473 common shares issued and outstanding.