International Tower Hill Mines Announces Results from 2025 Annual General Meeting of Shareholders
VANCOUVER, BC, June 5, 2025 /CNW/ - International Tower Hill Mines Ltd. (the "Company") - (TSX: ITH) (NYSE American: THM) announces the results from its 2025 Annual General Meeting of shareholders held in Vancouver, B.C. on Wednesday, June 4, 2025 (the "Meeting").
At the Meeting, the Company's shareholders elected the following individuals as directors of the Company, with all receiving a majority of the votes cast, as follows:
The shareholders re-appointed the current auditors, Davidson & Company LLP, Chartered Accountants, as auditors of the Company for the fiscal year ending December 31, 2025 and authorized the directors to fix their remuneration.
The shareholders approved (98.45% majority), on an advisory non-binding basis, the compensation paid to the Company's executive officers ("Say on Pay") and a 99.14% majority of the shareholders voted in favor of holding the Say on Pay vote every year. In light of the results, the Company will continue to hold the Say on Pay vote every year.
The detailed proxy voting on all resolutions submitted to the shareholders at the Meeting is contained in the "Report of Voting Results" for the Meeting which will be available under the Company's profile on SEDAR+ and on the Company's website or upon request by contacting the Company at (855) 428-2825.
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. controls 100% of the Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.
On behalf of
International Tower Hill Mines Ltd.
(signed) Karl L. Hanneman
Chief Executive Officer
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
8 hours ago
- Cision Canada
GLOBAL X ANNOUNCES SEMI-MONTHLY JUNE 2025 DISTRIBUTIONS FOR ITS SUITE OF ETFs Français
TORONTO, June 6, 2025 /CNW/ - Global X Investments Canada Inc. ("Global X") is pleased to announce the distribution amounts per security (the"Distributions") for its exchange traded funds (the " ETFs"), as indicated in the table below. (1) Distributions for Global X Bitcoin Covered Call ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker BCCC.U. The approximate U.S. dollar equivalent distribution rate for BCCC.U is $0.10245 per security. For securityholders who hold the U.S. dollar traded BCCC.U, the securityholder's account holder will typically convert distribution payments to U.S. dollars. (2) Distributions for Global X Enhanced Bitcoin Covered Call ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker BCCL.U. The approximate U.S. dollar equivalent distribution rate for BCCL.U is $0.12805 per security. For securityholders who hold the U.S. dollar traded BCCL.U, the securityholder's account holder will typically convert distribution payments to U.S. dollars. Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit About Global X Investments Canada Inc. ( Global X Investments Canada Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Global X Fund family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Global X has more than $41 billion of assets under management and 142 ETFs listed on major Canadian stock exchanges. Global X is a wholly-owned subsidiary of the Mirae Asset Financial Group, which manages more than $900 billion of assets across 19 countries and global markets around the world. Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing. The payment of distributions, if any, is not guaranteed and may fluctuate at any time. The payment of distributions should not be confused with an exchange traded fund's ("ETF") performance, rate of return, or yield. If distributions paid by the ETF are greater than the performance of the ETF, distributions paid may include a return of capital and an investor's original investment will decrease. A return of capital is not taxable to the investor but will generally reduce the adjusted cost base of the securities held for tax purposes. Distributions are paid as a result of capital gains realized by an ETF, and income and dividends earned by an ETF are taxable to the investor in the year they are paid. The investor's adjusted cost base will be reduced by the amount of any returns of capital. If the investor's adjusted cost base goes below zero, investors will realize capital gains equal to the amount below zero. Future distribution dates may be amended at any time. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. The characterization of distributions, if any, for tax purposes, (such as dividends/other income/capital gains, etc.) will not be known for certain until after the ETF's tax year-end. Therefore, investors will be informed of the tax characterization after year-end and not with each distribution if any. For tax purposes, these amounts will be reported annually by brokers on official tax statements. Please refer to the applicable ETF distribution policy in the prospectus for more information. The Global X Bitcoin Covered Call ETF (BCCC) and the Global X Enhanced Bitcoin Covered Call ETF (BCCL) are each exchange traded alternative mutual funds that invest in other alternative mutual funds that invest, directly or indirectly, in Bitcoin. There are inherent risks associated with products linked to crypto assets, including Bitcoin Futures. While Bitcoin Futures are traded on a regulated exchange and cleared by regulated central counterparties, direct or indirect exposure to the high level of risk of Bitcoin Futures will not be suitable for all types of investors. Given the speculative nature of bitcoin and the volatility of the digital currency markets, there is no assurance that BCCC or BCCL will be able to meet their respective investment objectives. An investment in BCCC or BCCL is not intended as a complete investment program and is appropriate only for investors who have a sophisticated knowledge and understanding of Bitcoin and the capacity to absorb a loss of some or all of their investment. An investment in either BCCC or BCCL is considered high risk. Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect the author's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and the authors do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law. This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products managed by Global X Investments Canada Inc. and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor. Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager and investment manager of the Global X Funds. © 2025 Global X Investments Canada Inc. All Rights Reserved. SOURCE Global X Investments Canada Inc.
The Market Online
9 hours ago
- The Market Online
Weekend sampler: 3 micro-cap stocks to watch
With the TSX up by 5.7 per cent over the past month, just shy of its all-time-high, driven by a rebound in the price of oil, and the S&P 500 following suit, up by 6.8 per cent, emboldened by strong U.S. jobs data, investors are growing increasingly immune to Trump's tariff bluster. They're realizing that he's but one among many short-term headwinds, along with wars, recessions and a diversity of cultural conflicts, which stocks have proven more than capable of overcoming on their way to delivering attractive long-term returns. While financial media has a vested interest in making you worry about next quarter's earnings or the effects of a single central bank interest rate decision, fundamentals and value will always prevail in the end. This means it's always the right time to consider stocks with the potential to reward patient investors, grounded in the understanding that short-term volatility is the price of long-term gains. To this end, as you kick your feet up and kick off the well-deserved weekend, here are three fundamentally attractive micro-cap stocks for your perusing pleasure, each of them worth a deep dive towards a potential investment thanks to positive earnings per share year-over-year and evidence for keeping the profits flowing into the future. BQE Water Our first micro-cap stock pick, BQE Water (TSXV:BQE), market cap C$65.93 million, last trading at C$51 per share, specializes in water treatment and management for the mining, smelting and refining markets. Although the stock has added 363 per cent since 2020, supported by more than 100 per cent revenue and net income growth – including a strong Q1 2025 – it's down by 20 per cent year-over-year, likely discounting numerous projects near completion expected to drive growth through year-end. Olympia Financial Group Our second micro-cap stock pick, Olympia Financial (TSX:OLY), market cap C$266.57 million, last trading at C$110.78, administers self-directed registered plan accounts, corporate trusts, transfer agency services, currency exchange, global payments, private health plans and information technology services in the Canadian market. The company more than doubled revenue from C$48.62 million in 2020 to C$102.92 million in 2024, while tripling net income over the period from C$7.99 million to C$23.92 million, respectively, following this up with a steady Q1 2025 marked by a growing client base. Under the care of a long-tenured management team with 34-per-cent insider ownership, Olympia is in the midst of a multi-pronged growth plan (slide 25) to expand its established position in private markets, granting investors a data-driven thesis for meaningful gains, despite the stock adding 184 per cent since 2020. ADF Group Our final micro-cap stock to watch, ADF Group (TSX:DRX), market cap C$188.29 million, last trading at C$6.70, is a top designer and engineer of steel structures for the North American non-residential infrastructure sector. The company's over 65-year track record includes infrastructure projects spanning airports, stadiums, factories and office towers, with a current capacity to manufacture 125,000 tons of structural steel per year. If we look at ADF's past five years, we see expanding market share justified by accelerating profits. This includes revenue growth from C$172.59 million in fiscal 2021 to C$339.63 million in fiscal 2025, proven efficient by net income growth from C$6.87 million to C$56.79 million over the period. Tariff fears have since hit the stock with steep losses to the tune of 60 per cent year-over-year – most recently hampered by an increase in U.S. steel tariffs which Canada may reciprocate – with new contracts slowing and lower expected revenue and margins through the fiscal year ending January 2026. That said, the stock remains up by more than 500 per cent since 2020 – including the year-over-year loss – thanks to management's stellar operational track record. While tariff uncertainty is peaking at the moment, the high likelihood of a reasonable resolution between Canada and the U.S., given that they're commercially tied-at-the-hip, puts the profitable ADF on a path to retracing recent losses, fueled by an over C$400 million backlog as of January 2025. Should you invest in BQE Water, Olympia Financial and ADF Group today? The stocks we've discussed in this article only deserve a place in your portfolio if they match up with your financial goals, risk tolerance and time horizon. Take care to paint a clear picture of your personal financial circumstances and conduct thorough due diligence on a prospective company before putting any money to work. Join the discussion: Find out what everybody's saying about these micro-cap stocks to watch on the BQE Water Inc., Olympia Financial Group Inc. and ADF Group Inc. Bullboards and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Cision Canada
9 hours ago
- Cision Canada
Minsud Announces Option Grant
TORONTO, June 6, 2025 /CNW/ - Minsud Resources Corp. (TSXV: MSR) (" Minsud" or the " Company") is pleased to announce that it has granted options to purchase an aggregate of 600,000 common shares of the Company (the " Stock Options") to certain directors of the Company. The Stock Options are exercisable at a price of $0.60 per share for a period of five years from the date of issuance. As of the date hereof, a total of 16,494,852 common shares of the Company are reserved for issuance under the Company's stock option plan and, after this new grant, 13,876,000 options will be outstanding. About Minsud Resources Corp. Minsud is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo-Au-Ag-Pb-Zn Project, in the Province of San Juan, Argentina. The Company's shares are listed on the TSX-V under the trading symbol "MSR", and on the OTCQX under the symbol "MDSQF". Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Minsud Resources Corp.
