International Tower Hill Mines closes $3.93M private placement to fund antimony study at Livengood

INTERNATIONAL TOWER HILL MINES LTD

Raised ~$3.93M via issuance of 8,192,031 common shares at $0.4801/share (closing price on Feb 25, 2025).
Placement taken up by existing major shareholders: Paulson & Co., Electrum, and Kopernik.
Net proceeds to be used for working capital and advancing antimony metallurgical studies at Livengood Gold Project.
Post-placement shares outstanding: 207,885,473 (4.1% dilution).
Evaluating massive stibnite antimony veins with grades up to 6.9% (per S-K 1300 report).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.