---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-005408"
form_type: "8-K"
ticker: "THM"
cik: "0001134115"
company_name: "INTERNATIONAL TOWER HILL MINES LTD"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:29:23.925934+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Issued 3,807,911 common shares at US$0.664 per share for gross proceeds of about US$2.5M.
- Placed to Paulson & Co. Inc., Sprott Asset Management USA, and Kopernik Global Investors.
- Net proceeds to be used for general working capital purposes.
- After closing, shares outstanding increased to 199,693,442 (1.9% dilution).

## SEC filing metadata
- accession: 0001104659-24-005408
- form_type: 8-K
- ticker: THM
- cik: 0001134115
- company_name: INTERNATIONAL TOWER HILL MINES LTD
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1134115/000110465924005408/0001104659-24-005408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1134115/000110465924005408/tm243646d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-005408
- JSON: https://secwatch.observer/filing/0001104659-24-005408.json
- Plain text: https://secwatch.observer/filing/0001104659-24-005408.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1134115/000110465924005408/0001104659-24-005408-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.