Paulson & Co. buying at Intl Tower Hill Mines (ITH)

Paulson & Co. buying at Intl Tower Hill Mines (T:ITH)

Updated Tuesday Sep 08, 2020 03:32 AM EDT
Paulson & Co. Inc. and relevant affiliates and associates, a 10% Holder, acquired 2,337,410 Common Shares on a control or direction basis for registered holder PFR Gold Master Fund Ltd. c/o Paulson & Co. Inc. at a price of US$1.400 through a prospectus or prospectus exempt offering on September 2nd, 2020. This represents a $4,276,011 investment into the company's shares and an account share holdings change of 3.9%.

Intl Tower Hill Mines is in the Gold Sub Industry Group under the Basic Materials Sector.

International Tower Hill Mines Ltd.is a mineral exploration company. The Company is in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. It operates through the exploration and development of mineral properties segment. The Company owns the Livengood Gold Project in Alaska, the United States. The Livengood Gold Project is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina Gold Belt. The Livengood Gold Project has a mineral resource of approximately 730 million measured tons at an average grade of over 0.61 gram/ton (g/ton), approximately 70 million indicated tons at an average grade of approximately 0.56 g/ton and over 260 million inferred tons at an average grade of approximately 0.52 g/ton.

Headlines: Sep 08, 2020


Top