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International Tower Hill Plans to Undertake Spin-Out Transaction to Create Two Independent Companies
May. 14, 2010 09:43AM PST
Silver InvestingInternational Tower Hill Mines Ltd.(TSX:ITH)(NYSE Amex:THM)(FRANKFURT:IW9) has unanimously approved a proposal to undertake a spin-out transaction to segregate its assets into two separate and highly focused companies.
International Tower Hill Mines Ltd.(TSX:ITH)(NYSE Amex:THM)(FRANKFURT:IW9) has unanimously approved a proposal to undertake a spin-out transaction to segregate its assets into two separate and highly focused companies.
The press release is quoted as saying:
International Tower Hill Mines Ltd. is a resource exploration company, focused in Alaska and Nevada, which controls a number of exploration projects representing a spectrum from early stage to the advanced multimillion ounce gold discovery at Livengood.
Click here to access the entire press release
Click here to access International Tower Hill Mines Corporate Site
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