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    International Tower Hill Mines Ltd.: Corvus Gold Inc. Spinout Effective

    Investing News Network
    Aug. 27, 2010 10:17PM PST
    Gold Investing

    International Tower Hill Mines Ltd. (TSE:ITH, NYSE Amex:THM) announced that the previously announced Plan of Arrangement, under which the Company will spin-out its Alaska and Nevada projects to Corvus Gold Inc., became effective at 12:01 a.m. today, August 26, 2010.

    International Tower Hill Mines Ltd. (TSX:ITH, NYSE Amex:THM) announced that the previously announced Plan of Arrangement, under which the Company will spin-out its Alaska and Nevada projects to Corvus Gold Inc., became effective at 12:01 a.m. today, August 26, 2010.

    The press release is quoted as saying:

    Corvus Gold Inc. is a resource exploration company, focused in Alaska and Nevada, which controls a number of exploration projects representing a spectrum of early stage to the more advanced North Bullfrog Project in Nevada.

    Click here to access the entire press release

    Click here to access International Tower Hill Mines Ltd. Corporate Site

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