Business
International Tower Hill Mines Files 2016 Year End Financial Results
International Tower Hill Mines Files 2016 Year End Financial Results Canada NewsWi...
About this update from International Tower Hill Mines Ltd.
[{"type":"text","content":"\n\n\n\nInternational Tower Hill Mines Files 2016 Year End Financial Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 15, 2017\n\n\n\nVANCOUVER, March 15, 2017 /CNW/ - International Tower Hill Mines Ltd. (TSX: ITH, NYSE-MKT: THM) (\"ITH\" or the \"Company\") today announced that is has filed its audited year-end financial statements and associated management discussion and analysis and year-end report on Form 10-K for the year ended December 31, 2016.\n\nThe Company's working capital at December 31, 2016 was USD 7.6 million (after allowing for payment of the derivative liability of USD 14.7 million in January 2017) which is expected to allow ITH to advance the Livengood Gold Project through 2017.\n\nShareholders can obtain copies of the Company's annual financial statements and associated management's discussion and analysis and Form 10-K on SEDAR at www.sedar.com, EDGAR at www.sec.gov and on ITH's website at www.ithmines.com.  ITH will also provide hard copies of these documents, free of charge, to shareholders who request a copy directly from the Company.\n\nAbout International Tower Hill Mines Ltd.\n\nInternational Tower Hill Mines Ltd. controls a 100% interest in the Livengood Gold Project, located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.\n\nOn behalf of International Tower Hill Mines Ltd.\n\n(signed) Karl HannemanChief Executive Officer\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements and forward-looking information (collectively, \"forward-looking statements\") within the meaning of applicable Canadian and US securities legislation.  All statements, other than statements of historical fact, included herein, including statements with respect to the proposed use of the proceeds of the December 2016 private placement by the Company, the ability of the Company to carry out and complete optimization studies with respect to the Livengood Gold Project, the potential for the results of the 2017 work program to have a positi...