• International Tower Hill Mines published MD&A for three months ended March 31, 2026, highlighting US$114.8 million gross proceeds from a public offering and concurrent private placement priced at US$2.22 per common share.
• Net proceeds earmarked to advance Livengood Gold Project work, with 2026 program focused on core drilling for metallurgical samples, metallurgical test work, feasibility studies, baseline environmental data collection, and community engagement; budgeted at US$20-25 million.
• Cash and cash equivalents rose to US$64.69 million from US$1.35 million at December 31, 2025; US$50 million shifted into a short-term certificate of deposit.
• Working capital increased to US$114.95 million from US$1.02 million; current cash expected to cover 2026 work plan and general and administrative costs through fiscal 2026.
• Quarter swung to net income of US$2.27 million from a net loss of US$669,068 a year earlier, driven by US$2.68 million foreign exchange gain and US$635,599 interest income.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Tower Hill Mines Ltd. published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.