PAULSON & CO. INC. 4
4 · INTERNATIONAL TOWER HILL MINES LTD · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
THM: Paulson & Co. (10% Owner) Buys 11.32M Shares
What Happened
Paulson & Co. Inc., identified as a 10% owner and investment manager for certain funds, made open-market purchases of International Tower Hill Mines Ltd. (THM) stock. On Jan 28, 2026 Paulson bought 9,813,650 shares at $2.22 each ($21,786,303), and on Jan 29, 2026 it bought 1,501,982 shares at $2.22 each ($3,334,400), for a combined total of 11,315,632 shares and about $25,120,703. These are purchases (transaction code P), which retail investors generally view as a direct buy signal rather than a sale.
Key Details
- Transaction dates/prices/amounts: 2026-01-28 — 9,813,650 shares @ $2.22 = $21,786,303; 2026-01-29 — 1,501,982 shares @ $2.22 = $3,334,400. Total ≈ 11,315,632 shares for ≈ $25,120,703.
- Shares owned after transaction: Not specified in the provided filing excerpts.
- Footnotes: F1 — Paulson is the investment manager of the Funds; John Paulson is the controlling person and, per F2, may be deemed to indirectly beneficially own the securities directly owned by the Funds. The filing includes a Rule 16a-1(a)(4) disclaimer that it is not an admission of beneficial ownership for Section 16 purposes.
- Filing timeliness: Form 4 filed on 2026-01-30 covering trades on 2026-01-28 and 2026-01-29; appears to be filed within the normal two-business-day window.
Context
This activity is institutional buying by a 10% owner (investment manager/funds), not an executive or board member transaction. Institutional purchases can be meaningful to retail investors as they reflect fund-level allocations, but the filing itself does not explain the funds’ strategy or intent.
Insider Transaction Report
- Purchase
Common Shares, no par value
[F1][F2]2026-01-28$2.22/sh+9,813,650$21,786,303→ 98,071,056 total(indirect: By Managed Funds) - Purchase
Common Shares, no par value
[F1][F2]2026-01-29$2.22/sh+1,501,982$3,334,400→ 99,573,038 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](2) 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.