UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of
the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 6, 2013
INTERNATIONAL TOWER HILL MINES
LTD.
(Exact Name of Registrant as Specified in Charter)
British Columbia, Canada | 001-33638 | N/A |
(State or Other Jurisdiction | (Commission | (IRS Employer |
of Incorporation) | File Number) | Identification No.) |
1177 West Hastings Street, Suite 2300, Vancouver, | |
British Columbia, Canada | V6E 2K3 |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (604) 683-3332
(Former Name or Former Address, if
Changed Since Last Report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On August 6, 2013 International Tower Hill Mines Ltd. (the Company) amended its lease with the Alaska Mental Health Trust Authority (AMHT) relating to AMHTs mineral rights on 9,970 acres situated in the Companys Livengood Gold Project. The amendment extends the term of the lease through June 30, 2023 and provides for annual extensions thereafter by payment of 125% of the last annual advance royalty payment paid prior to June 2023. The amendment also provides for certain advance minimum royalty payments adjusted for inflation and includes a commitment by the Company to undertake certain development work. Other than the modified terms described above, the material terms of the lease remain unchanged.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
International Tower Hill Mines Ltd. | ||
(Registrant) | ||
Dated: August 20, 2013 | By: | /s/ Donald C. Ewigleben |
Name: | Donald C. Ewigleben | |
Title: | President and Chief Executive Officer |