Latest news with #InternationalTowerHillMinesLtd
Cision Canada
5 days ago
- Business
- Cision Canada
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
Yahoo
5 days ago
- Business
- Yahoo
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: Director Votes For Votes Withheld Anton Drescher 142,505,643 (98.65 %) 1,944,854 (1.35 %)Karl Hanneman 143,473,858 (99.32 %) 976,639 (0.68 %)Stuart Harshaw 143,410,282 (99.28 %) 1,040,215 (0.72 %)Marcelo Kim 143,174,086 (99.12 %) 1,276,411 (0.88 %)Edel Tully 142,864,794 (98.90 %) 1,585,703 (1.10 %)Thomas Weng 142,798,574 (98.86 %) 1,651,923 (1.14 %) 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 ofInternational Tower Hill Mines Ltd. (signed) Karl L. HannemanChief Executive Officer Contact Information: Richard Solie, Jr., Manager - Investor Relations E-mail: rsolie@ Direct line: 907-328-2825 Toll-Free: 1-855-428-2825 This news release is not and is not to be construed in any way as, an offer to buy or sell securities in the United States. View original content: SOURCE International Tower Hill Mines Ltd. View original content: Sign in to access your portfolio
Cision Canada
09-05-2025
- Business
- Cision Canada
International Tower Hill Mines Files 2025 First Quarter Financial Results
VANCOUVER, BC, May 9, 2025 /CNW/ - International Tower Hill Mines Ltd. (the "Company") - (TSX: ITH) (NYSE American: THM) today announced that it has filed its unaudited first quarter Financial Statements and associated Management Discussion and Analysis and Quarterly Report on Form 10-Q for the three-month period ended March 31, 2025. Shareholders can obtain copies of the Company's unaudited first quarter Financial Statements and associated Management Discussion and Analysis and Form 10-Q on SEDAR+ at: EDGAR at and on the Company's website at: The Company will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company. About International Tower Hill Mines Ltd. International Tower Hill Mines Ltd. has a 100% interest in its 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 SOURCE International Tower Hill Mines Ltd.
Yahoo
07-05-2025
- Business
- Yahoo
International Tower Hill Mines Ltd. (THM): Among Billionaire John Paulson's Stocks with Huge Upside Potential
We recently published a list of Billionaire John Paulson's 10 Stocks with Huge Upside Potential. In this article, we are going to take a look at where International Tower Hill Mines Ltd. (NYSEAMERICAN:THM) stands against other stocks with huge upside potential. John Alfred Paulson is an American billionaire hedge fund manager who founded Paulson & Co. in 1994. It is a New York-based fund management firm that specializes in private equity and hedge funds. Paulson graduated as valedictorian of his class with a summa cum laude distinction in finance from NYU's College of Business and Public Administration in 1978. He also pursued an MBA at Harvard Business School as a George F. Baker Scholar, which is a prestigious recognition awarded to the top 5% of his class. It's supported by the Sidney J. Weinberg/Goldman Sachs scholarship, which he earned in 1980. With a client base of 20, the firm's latest 13F filing for Q4 2024 revealed ~$1.65 billion in managed 13F securities and a top 10 holdings concentration of 98.55%. The firm is known for its expertise in event-driven arbitrage strategies, such as merger arbitrage, bankruptcy reorganizations, and other corporate events. Paulson & Co. also pursues investments in distressed debt opportunities throughout the US and Western Europe, with the help of its strategic insights and extensive market experience. John Paulson is now also bullish on gold after 15 years and expects its price to reach ~$5,000 per ounce by 2028. He is the largest shareholder in Perpetua Resources. On April 29, Reuters reported that in a recent interview, Paulson reinforced that his conviction in gold is underpinned by the analysis of central bank buying trends and rising global trade tensions. He highlighted the inclination of central banks and individuals to seek stable stores of value now and suggested that gold will therefore enhance its global standing. Paulson believes that the Western confiscation of Russia's foreign reserve holdings following the Ukraine invasion is one of the reasons behind the anticipated appreciation of gold prices. Our Methodology To compile the list of billionaire John Paulson's 10 stocks with huge upside potential, we sifted through Q4 2024 13F filings of Paulson & Co. from Insider Monkey. From these filings, we checked each stock's upside potential from CNN and ranked the stocks in ascending order of this upside potential. We have also added Paulson & Co.'s stake in each company and the hedge fund sentiment around each stock. Note: All data was sourced on May 2. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Yahoo
26-03-2025
- Business
- Yahoo
Owning 34% shares,hedge funds owners seem interested in International Tower Hill Mines Ltd. (TSE:ITH),
Given the large stake in the stock by institutions, International Tower Hill Mines' stock price might be vulnerable to their trading decisions 59% of the business is held by the top 3 shareholders Past performance of a company along with ownership data serve to give a strong idea about prospects for a business We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If you want to know who really controls International Tower Hill Mines Ltd. (TSE:ITH), then you'll have to look at the makeup of its share registry. With 34% stake, hedge funds possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Given the vast amount of money and research capacities at their disposal, hedge funds ownership tends to carry a lot of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about International Tower Hill Mines. Check out our latest analysis for International Tower Hill Mines Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that International Tower Hill Mines does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of International Tower Hill Mines, (below). Of course, keep in mind that there are other factors to consider, too. Our data indicates that hedge funds own 34% of International Tower Hill Mines. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Paulson & Co. Inc. is currently the company's largest shareholder with 34% of shares outstanding. In comparison, the second and third largest shareholders hold about 14% and 11% of the stock. To make our study more interesting, we found that the top 3 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our data suggests that insiders own under 1% of International Tower Hill Mines Ltd. in their own names. It seems the board members have no more than CA$1.0m worth of shares in the CA$210m company. Many investors in smaller companies prefer to see the board more heavily invested. You can click here to see if those insiders have been buying or selling. The general public-- including retail investors -- own 30% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. With a stake of 14%, private equity firms could influence the International Tower Hill Mines board. Sometimes we see private equity stick around for the long term, but generally speaking they have a shorter investment horizon and -- as the name suggests -- don't invest in public companies much. After some time they may look to sell and redeploy capital elsewhere. While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with International Tower Hill Mines . Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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