secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL TOWER HILL MINES LTD (THM)
CIK:        0001134115
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001104659-26-007044
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1134115/000110465926007044/0001104659-26-007044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1134115/000110465926007044/tm263996d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-007044

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