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International Tower Hill Mines Files 2017 Year End Financial Results

International Tower Hill Mines Files 2017 Year End Financial Results Canada NewsWi...

articleInternational Tower Hill Mines Ltd.March 16, 20185/company/international-tower-hill-mines-ltd/news/international-tower-hill-mines-files-2017-year-end-financial-results
International Tower Hill Mines Files 2017 Year End Financial Results

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[{"type":"text","content":"\n\n\n\nInternational Tower Hill Mines Files 2017 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 16, 2018\n\n\n\nVANCOUVER, March 16, 2018 /CNW/ - International Tower Hill Mines Ltd.  (the \"Company\") - (TSX: ITH) (NYSE-AMERICAN: THM) today announced that it has filed its audited Year-End Financial Statements and associated Management Discussion and Analysis (MD&A) on Form 10-K for the year ended December 31, 2017.\n\nAs of December 31, 2017, the Company had working capital of $2.0 million.  \n\nAs reported on March 14, 2018, the Company completed a non-brokered private placement on March 13, 2018 pursuant to which it issued 24,000,000 common shares at $0.50 per share for gross proceeds of $12.0 million.  The Company intends to use the funds for continuation of optimization studies to further improve and de-risk the Project, required environmental baseline studies, and for general working capital purposes.  \n\nShareholders can obtain copies of the Company's audited Year End Financial Statements and associated Management Discussion and Analysis and Form 10-K on SEDAR at: www.sedar.com, EDGAR at www.sec.gov and on the Company's website at: www.ithmines.com. The Company 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 100% of the Livengood Gold Project located along the paved Elliott Highway, 70 miles north of Fairbanks, Alaska.\n\nOn behalf ofInternational Tower Hill Mines Ltd.\n\n(signed) Karl L. HannemanChief Executive Officer\n\nThis 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.\nSOURCE International Tower Hill Mines Ltd.\n\n\n\nView original content: http://www.newswire.ca/en/releases/archive/March2018/16/c1413.html\n\n\n\n\nContact Information: Richard Solie, Jr., Manager - Investor Relations, E-mail: [email protected], D...

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