International Tower Hill Mines Grants Options
January 03 2012 - 10:06PM
Marketwired
International Tower Hill Mines Ltd. ("ITH" or the "Company") -
(TSX:ITH)(NYSE Amex:THM)(FRANKFURT:IW9) announces that, pursuant to
its 2006 Incentive Stock Option Plan, it has granted options to
purchase up to 650,000 common shares to a senior officer. The
options are exercisable at a price of $4.43 per share for a period
of 5 years ending on January 3, 2017 and vest as to 216,666 shares
on January 3, 2012, 216,666 shares on January 3, 2013 and the
balance on January 3, 2014.
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. controls a 100% interest in
the world-class Livengood Gold Project accessible by paved highway
70 miles north of Fairbanks, Alaska. In 2012 ITH is focused on the
rapid advancement of the Livengood project into a compelling
potential development scenario while it continues to expand its
current resource and explore its 145 km2 district for new
deposits.
On behalf of International Tower Hill Mines Ltd.
James J. Komadina, Chief Executive Officer
Contacts: International Tower Hill Mines Ltd. Shirley Zhou
Vice-President - Corporate Communications 1-888-770-7488 (toll
free) or (604) 638-3247 (604) 408-7499
(FAX)szhou@ithmines.comwww.ithmines.com
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