PAULSON & CO. INC. 4
4 · INTERNATIONAL TOWER HILL MINES LTD · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
THM: Paulson & Co. (10% Owner) Buys $40M of Shares
What Happened Paulson & Co. Inc., the investment manager for certain funds and a reported 10% owner of International Tower Hill Mines Ltd (THM), purchased 18,018,018 shares on 2026-01-27 at $2.22 per share, for a total reported consideration of $40,000,000. The transaction is reported as a purchase (code P) and was an open market or private purchase.
Key Details
- Transaction date and price: 2026-01-27 — 18,018,018 shares at $2.22 each (total $40,000,000).
- Transaction type/code: Purchase (P) — open market or private purchase.
- Shares owned after transaction: Not specified in the provided Form 4 details.
- Footnotes: Paulson & Co. is the investment manager of the Funds that own these shares; John Paulson is the controlling person of Paulson and may be deemed to indirectly beneficially own the securities. The filing states (per Rule 16a-1(a)(4)) that this Form 4 should not be taken as an admission that Paulson or John Paulson is the beneficial owner for purposes of Section 16.
- Filing timeliness: Reported on 2026-01-27 (same date as the transaction), indicating a timely Form 4 filing.
Context This is an institutional purchase by a 10% owner (investment funds managed by Paulson & Co.), not an executive or company insider executing options or receiving awards. Purchases by institutional owners can be interpreted by investors as a material capital commitment, but the filing itself does not state the funds’ motives.
Insider Transaction Report
- Purchase
Common Shares, no par value
[F1][F2]2026-01-27$2.22/sh+18,018,018$40,000,000→ 88,257,406 total(indirect: By Managed Funds)
Footnotes (2)
- [F1]Paulson & Co. Inc. ("Paulson") is the investment manager of investment funds (the "Funds"). John Paulson is the controlling person of Paulson. All securities reported on this Form 4 are owned by the Funds.
- [F2]Each of Paulson and John Paulson may be deemed to indirectly beneficially own the securities directly owned by the Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 4 shall not be deemed an admission by any person reporting on this Form 4 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form 4.