other material
confidence high
sentiment neutral
materiality 0.35
International Tower Hill Mines grants 2.5M options to Phenom Ventures for Livengood Gold Project consulting
INTERNATIONAL TOWER HILL MINES LTD
- Granted 2,500,000 stock options at CAD $0.64 to Phenom Ventures LLC for consulting on Livengood Gold Project marketing.
- Options vest in three tranches: 1M immediate, 500k contingent on $1.00 share price + 25% GDXJ outperformance, 1M on $1.50 + 50%.
- Consulting term ends December 2, 2026; services include investor coverage, videos, and meetings via principal Eric Muschinski.
- No cash fees; Consultant bears all expenses. Agreement can be terminated for material breach after 30-day cure period.