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International Tower Hill Mines Announces Results from 2022 Annual General Meeting of Shareholders

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International Tower Hill Mines Ltd. (TSX: ITH, NYSE American: THM) held its 2022 Annual General and Special Meeting on May 24, 2022, in Fairbanks, AK. Shareholders elected directors receiving majority votes, including Anton Drescher (87.02%), Karl Hanneman (99.76%), and others. The current auditors, Davidson & Company LLP, were reappointed for the fiscal year ending December 31, 2022. Additionally, shareholders approved the executive compensation on an advisory basis with an 89.18% majority. Detailed voting results are available on the Company's website.

Positive
  • All proposed directors were elected with over 87% approval, indicating strong shareholder support.
  • Reappointment of Davidson & Company LLP as auditors reflects confidence in financial governance.
  • Executive compensation received a favorable advisory vote, suggesting alignment between executive performance and shareholder interests.
Negative
  • None.

VANCOUVER, BC, May 25, 2022 /PRNewswire/ - International Tower Hill Mines Ltd.  (the "Company") - (TSX: ITH) (NYSE American: THM) announces the results from its 2022 Annual General and Special Meeting of shareholders held in Fairbanks, AK, USA on Tuesday, May 24, 2022 ("Meeting").

At the Meeting, the Company's shareholders 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

Anton Drescher

120,784,904 (87.02%)


18,009,216 (12.98%)

Karl Hanneman

138,466,542 (99.76%)


327,577 (0.24%)

Stuart Harshaw

135,604,942 (97.70%)


3,189,178 (2.30%)

Marcelo Kim

136,095,437 (98.06%)


2,698,683 (1.94%)

Stephen Lang

135,640,108 (97.73%)


3,154,012 (2.27%)

Christopher Papagianis

138,436,185 (99.74%)


357,935 (0.26%)

Thomas Weng

138,482,671 (99.78%)


311,449 (0.22%)





The shareholders re-appointed the current auditors, Davidson & Company LLP, Chartered Accountants, as auditors of the Company for the fiscal year ending December 31, 2022 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 (89.18% 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 at 1-855-428-2825.

About International Tower Hill Mines Ltd.

International Tower Hill Mines Ltd. controls 100% of 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 L. Hanneman
Chief Executive Officer

This 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.

Cision View original content:https://www.prnewswire.com/news-releases/international-tower-hill-mines-announces-results-from-2022-annual-general-meeting-of-shareholders-301554893.html

SOURCE International Tower Hill Mines Ltd.

FAQ

What were the results of the International Tower Hill Mines shareholders' meeting on May 24, 2022?

The shareholders elected directors with majority votes and reappointed Davidson & Company LLP as auditors.

What percentage of votes did Anton Drescher receive in the 2022 shareholder meeting for THM?

Anton Drescher received 87.02% of the votes in the shareholder meeting.

How did shareholders vote on executive compensation at the THM meeting?

Shareholders approved executive compensation with an 89.18% majority.

Who were the elected directors of International Tower Hill Mines in 2022?

Elected directors include Anton Drescher, Karl Hanneman, and others, all receiving majority votes.

Where can I find the detailed voting results from the 2022 THM shareholder meeting?

Detailed voting results are available on the Company's profile on SEDAR and its website.

International Tower Hill Mines, Ltd.

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