PAULSON & CO. INC. - 28 Jan 2026 Form 4 Insider Report for INTERNATIONAL TOWER HILL MINES LTD (THM)

Role: 10%+ Owner
Signature: /s/ Stuart L. Merzer Stuart L. Merzer, General Counsel & Chief Compliance Officer
Issuer symbol: THM
Transactions as of: 28 Jan 2026
Net transactions value: +$25,120,703
Form type: 4
Filing time: 30 Jan 2026, 17:03:47 UTC
Previous filing: 27 Jan 2026
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
PAULSON & CO. INC.	10%+ Owner	15 EXCHANGE PLACE, JERSEY CITY	/s/ Stuart L. Merzer Stuart L. Merzer, General Counsel & Chief Compliance Officer	30 Jan 2026	0001035674

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	THM	Common Shares, no par value	Purchase	$21,786,303	+9,813,650	+11%	$2.22	98,071,056	28 Jan 2026	By Managed Funds	F1, F2
transaction	THM	Common Shares, no par value	Purchase	$3,334,400	+1,501,982	+1.5%	$2.22	99,573,038	29 Jan 2026	By Managed Funds	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.

Content

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.

(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.