International Tower Hill Mines closes $113.6M equity financing for Livengood Gold Project

INTERNATIONAL TOWER HILL MINES LTD

Offering of 29,280,000 common shares at $2.22 per share, plus exercise of underwriter option for 4,392,000 additional shares.
Paulson & Co. purchased 18,018,018 shares for $40M in a concurrent private placement, plus an additional 1,501,982 shares for $3.3M.
Net proceeds from offering and private placement total approximately $113.6M (including $3.3M from additional shares).
Proceeds allocated to exploration and development of Livengood Gold Project: $50M for feasibility studies, $35M for permitting and community engagement.
Paulson's beneficial ownership increased from 33.8% to 34.4% after the transactions.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

INTERNATIONAL TOWER HILL MINES LTD issued 18,018,018 Common Shares of common stock to Paulson & Co. Inc. for $2.22 per share.

Security: common stock
Shares: 18,018,018 Common Shares
Purchaser: Paulson & Co. Inc.
Consideration: $2.22 per share

Exact text from the filing

On January 27, 2026 (the “ Closing Date ”), substantially concurrently with the closing of the Offering, the Company issued and sold to Paulson 18,018,018 Common Shares (the “ Paulson Shares ”), no par value, of the Company, at the price per Share of $2.22, for aggregate proceeds to the Company of approximately $40 million

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

INTERNATIONAL TOWER HILL MINES LTD issued 1,501,982 Common Shares of common stock to Paulson & Co. Inc. for $2.22 per share.

Security: common stock
Shares: 1,501,982 Common Shares
Purchaser: Paulson & Co. Inc.
Consideration: $2.22 per share

Exact text from the filing

agreed to issue and sell an aggregate of 29,280,000 of its common shares, no par value (the “ Common Shares ”) to the Underwriters (the “ Offering ”) at a price to the public of $2.22 per Common Share (the “ Offering Price ”). Pursuant to the Underwriting Agreement, the Company also granted the Underwriters an option to purchase, for a period of 30 days from

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INTERNATIONAL TOWER HILL MINES LTD filing history →

Source: SEC EDGAR

accession 0001104659-26-007044

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