---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-007044"
form_type: "8-K"
ticker: "THM"
cik: "0001134115"
company_name: "INTERNATIONAL TOWER HILL MINES LTD"
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:26:47.396814+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-007044
- form_type: 8-K
- ticker: THM
- cik: 0001134115
- company_name: INTERNATIONAL TOWER HILL MINES LTD
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1134115/000110465926007044/0001104659-26-007044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1134115/000110465926007044/tm263996d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-007044
- JSON: https://secwatch.observer/filing/0001104659-26-007044.json
- Plain text: https://secwatch.observer/filing/0001104659-26-007044.txt

## Key facts
- Equity Issuances
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1134115/000110465926007044/0001104659-26-007044-index.htm
- Equity Issuances
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1134115/000110465926007044/0001104659-26-007044-index.htm

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