VANCOUVER, May 26, 2016 /CNW/ - International Tower Hill
Mines Ltd. ("ITH" or the "Company") - (TSX: ITH, NYSE-MKT: THM)
announces the results from its 2016 Annual General Meeting of
shareholders held in Vancouver,
B.C. on Wednesday, May 25,
2016 ("Meeting").
At the Meeting, the Company's shareholders fixed the size of the
board at five and re-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
|
|
Stephen Lang -
Chair
|
53,108,519 (99.75%)
|
130,547 (0.25%)
|
|
Anton
Drescher
|
38,486,690 (72.29%)
|
14,752,376 (27.71%)
|
|
John Ellis
|
53,066,449 (99.68%)
|
172,617 (0.32%)
|
|
Mark
Hamilton
|
53,069,749 (99.68%)
|
169,317 (0.32%)
|
|
Thomas
Weng
|
53,093,449 (99.73%)
|
145,617 (0.27%)
|
The shareholders re-appointed the current auditors,
PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of
the Company for the fiscal year ending December 31, 2016 and authorized the directors to
fix their remuneration.
The shareholders also approved, on an advisory non-binding basis
("Say on Pay"), the compensation paid to the Company's executive
officers by a 97% majority.
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's Corporate Secretary at (604)
683-6332.
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. controls 100% of the
Livengood Gold Project that contains 15.7 M oz. of gold
(807 MT at 0.61 g/t) measured &
indicated and 4.4 M oz. (266 MT at 0.52 g/t) inferred, all at a
0.30 g/t gold cutoff, located along the paved Elliott Highway, 70
miles north of Fairbanks,
Alaska.
On behalf of
International Tower Hill Mines Ltd.
(signed) Thomas E.
Irwin
Chief Executive Officer
SOURCE International Tower Hill Mines Ltd.