International Tower Hill Mines Announces $7.9 Million Participation by Existing Major Shareholders in US $10.3 Million Public ATM Offering

VANCOUVER, BC, Sept. 2, 2020 /PRNewswire/ – International Tower Hill Mines Ltd. (TSX: ITH) (NYSE-American: THM) (the “Company”) announced today that its existing three largest shareholders have each taken their pro-rata share of a US $10.3 million At-The-Market (“ATM”) Offering, pursuant to which the Company has issued 5,670,997 common shares (representing 3% of the 187.6 million shares previously issued and outstanding) at the September 1, 2020 closing market price of US $1.40 per share for aggregate gross proceeds of US $7.9 million.