Form 4: Electrum Strategic Opportunities Fund II L.P. Reports Transaction in International Tower Hill Mines Ltd.
SEC Form 4 Filing
Electrum Strategic Opportunities Fund II L.P. reports acquisition and disposal of common shares in International Tower Hill Mines Ltd. on February 27, 2025.
Summary
- On February 27, 2025, Electrum Strategic Opportunities Fund II L.P. acquired 1,152,091 common shares of International Tower Hill Mines Ltd. at a price of $0.4801 per share.
- On the same day, the fund disposed of 28,765,672 common shares.
- Following these transactions, the fund's beneficial ownership stands at 28,765,672 shares.
- The report is filed by Electrum Strategic Opportunities Fund II L.P., Electrum Strategic Opportunities Fund II GP L.P., ESOF II GP Ltd., and The Electrum Group LLC, all of whom may be deemed to have shared voting and investment discretion.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing reflects changes in ownership of a significant shareholder in International Tower Hill Mines Ltd., which is relevant to investors monitoring the stock and the company's financial health.
Stakeholder Impact
- Shareholders of International Tower Hill Mines Ltd. may be interested in this filing as it reflects changes in ownership by a significant shareholder.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: acquisition and disposal of common shares. |
| 02/28/2025 | Date of signature for the filing by multiple reporting persons. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.