International Tower shares rise 10.06% after-hours after closing upsized US$115 million public offering.
ByAinvest
Wednesday, Jan 28, 2026 5:35 pm ET1min read
THM--
International Tower Hill Mines surged 10.06% in after-hours trading following the announcement that it closed an upsized $115 million public offering of approximately 33.67 million common shares. The after-hours price reaction reflects investor optimism about the company’s ability to secure significant capital, which may be deployed to advance its mining projects or operational expansion. The upsized nature of the offering suggests strong demand from investors, signaling confidence in the firm’s growth prospects. This development aligns with the stock’s upward movement, as the additional funding could enhance operational flexibility and long-term value creation.
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