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ITH raises US$12 million for Livengood

International Tower Hill Mines (CN:ITH) has raised US$12 million as it works to de-risk its Livengood project in Alaska which it believes could become one of the region’s biggest gold mines.

ITH raises US$12 million for Livengood ITH raises US$12 million for Livengood ITH raises US$12 million for Livengood ITH raises US$12 million for Livengood ITH raises US$12 million for Livengood

Plans to further optimise large-scale Alaskan gold project

Institutional investor Electrum Strategic Opportunities Fund acquired almost $10 million of the shares offered at 50c each, giving it a 10.67% stake in the company.

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