Paulson & Co. Inc. Increases Stake in International Tower Hill Mines to 39.9% via $12.6M Block Trade

On April 20, 2026, Paulson & Co. Inc. filed Amendment No. 7 to its Schedule 13D, reporting an increased stake in International Tower Hill Mines Ltd. (THM). The filing details a significant block trade executed on April 16, 2026, in which the reporting person acquired 4,913,665 additional common shares at a price of $2.56 per share. This transaction involved a total capital outlay of approximately $12.6 million, funded from the available capital of investment funds managed by Paulson. Following this acquisition, Paulson & Co. Inc. beneficially owns 104,486,703 shares, representing approximately 39.9% of the issuer's outstanding common stock. This is an increase from the previously reported 99,573,038 shares (38.1%). Paulson & Co. Inc. maintains sole voting and dispositive power over these shares in its capacity as investment advisor and manager of the funds. The filing serves to update the reporting person's ownership status and confirm the continued investment intent within the issuer.