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Stock impact report

International Tower Hill Mines Announces Pricing and Upsize of US$65 Million Public Offering of Common Shares and US$40 Million Concurrent Private Placement

International Tower Hill Mines, Ltd. Ordinary Shares (Canada) (THM) 
NASDAQ:AMEX Investor Relations: ithmines.com
Company Research Source: PR Newswire
VANCOUVER, BC, Jan. 22, 2026 /PRNewswire/ - International Tower Hill Mines Ltd. (the "Company") - (TSX: ITH) (NYSE American: THM) today announced the pricing and upsizing of its previously announced public offering of 29,280,000 common shares, no par value, of the Company (the "Common Shares") in the United States (the "Offering") at a price to the public of US$2.22 per Common Share. In connection with the Offering, Paulson & Co. Inc. has entered into an agreement to purchase US$40 million of Common Shares in a private placement (the "Concurrent Private Placement") at the public offering price of the Offering.The gross proceeds to the Company from the Offering and the Concurrent Private Placement, before deducting commissions and expenses and other expenses, will be approximately US$105 million.The Company expects to use the net proceeds of the Offering and the Concurrent Private Placement to fund the exploration and development of the Livengood Gold Project, including drilling, metal Show less Read more
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