secwatch / observer
8-K filed January 22, 2024, 6:59 PM ET ticker THM CIK 0001134115
other confidence high sentiment neutral materiality 0.35

International Tower Hill Mines closes US$2.5M non-brokered private placement with existing major shareholders

INTERNATIONAL TOWER HILL MINES LTD

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

INTERNATIONAL TOWER HILL MINES LTD entered into Subscription Agreements with certain of the Company's current major institutional shareholders consisting of Paulson & Co. Inc., Sprott Asset Management USA, Inc., and Heptagon plc Kopernik Global All-Cap Equity Fund valued at approximately US $2.5 million (effective 2024-01-16).

Action
entry
Agreement
equity purchase
Counterparty
certain of the Company's current major institutional shareholders consisting of Paulson & Co. Inc., Sprott Asset Management USA, Inc., and Heptagon plc Kopernik Global All-Cap Equity Fund
Value
approximately US $2.5 million
Effective
2024-01-16
Exact text from the filing
On January 16, 2024, International Tower Hill Mines Ltd. (the “Company”) entered into subscription agreements (collectively, the “Subscription Agreements”) relating to a non-brokered private placement (the “Private Placement”) of 3,807,911 common shares of the Company at a price of US $0.664 per share, for aggregate gross proceeds of approximately US $2.5 million.
View on SEC.gov

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INTERNATIONAL TOWER HILL MINES LTD filing history →

Source: SEC EDGAR
accession 0001104659-24-005408
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