VANCOUVER, May 25, 2017 /PRNewswire/ - International Tower
Hill Mines Ltd. ("ITH" or the "Company") - (TSX: ITH, NYSE-MKT:
THM) announces the results from its 2017 Annual General Meeting of
shareholders held in Vancouver,
B.C. on Wednesday, May 24,
2017 ("Meeting").
At the Meeting, the Company's shareholders fixed the size of the
board at eight and 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
|
Marcelo Kim -
Chair
|
85,040,156
(99.18%)
|
702,240
(0.82%)
|
Stephen Lang – Lead
Independent Director
|
85,123,521
(99.28%)
|
618,876
(0.72%)
|
Anton
Drescher
|
76,704,364
(89.46%)
|
9,038,033
(10.54%)
|
John Ellis
|
76,994,869
(89.80%)
|
8,747,528
(10.20%)
|
Mark
Hamilton
|
84,974,596
(99.10%)
|
767,801
(0.90%)
|
Thomas
Weng
|
85,117,923
(99.27%)
|
624,473
(0.73%)
|
Thomas
Irwin
|
85,134,238
(99.29%)
|
608,158
(0.71%)
|
Victor
Flores
|
85,022,423
(99.16%)
|
719,973
(0.84%)
|
The shareholders re-appointed the current auditors,
PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of
the Company for the fiscal year ending December 31, 2017 and authorized the directors to
fix their remuneration.
The shareholders approved, on an advisory non-binding basis
("Say on Pay"), the compensation paid to the Company's executive
officers (98% majority) and approved both the proposed issuance of
common shares to Thomas Irwin (98%
majority) and the Company's 2017 Deferred Share Unit Incentive Plan
(87% 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 a 100% interest in
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 Hanneman
Chief Executive Officer
SOURCE International Tower Hill Mines Ltd.