International Tower Hill Mines Retains Renmark Financial Communications Inc.
* Reuters is not responsible for the content in this press release.
VANCOUVER, BRITISH COLUMBIA, Jun 30 (MARKET WIRE) --
International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX
VENTURE: ITH)(NYSE Amex: THM)(FRANKFURT: IW9) is pleased to announce that
it has retained the services of Renmark Financial Communications Inc. of
Montreal, Quebec ("Renmark") to handle its North American investor
relations activities.
"We are pleased to announce that we have selected Renmark to reinforce
the Company's profile in the financial community and enhance the
visibility of our project portfolio. We chose Renmark because its
standards and methodologies fit best with the message we wish to
communicate to the investing public," noted Jeffrey A. Pontius, President
and Chief Executive Officer.
In consideration of the services to be provided by Renmark, the Company
has agreed to pay a monthly retainer of $7,000, plus reimbursement of
approved expenses. The agreement with Renmark has a term of 12 months,
commencing July 1, 2009, and the Company has the right to terminate the
agreement at any time after December 31, 2009 by providing Renmark with a
30-day written notice to that effect.
Renmark does not have any interest, directly or indirectly, in the
Company or its securities, or any right or intent to acquire such an
interest.
About International Tower Hill Mines Ltd.
International Tower Hill Mines Ltd. is a resource exploration company,
focused in Alaska and Nevada, which controls a number of exploration
projects representing a spectrum of early stage to the advanced
multimillion ounce gold discovery at Livengood. ITH is committed to
building shareholder value through new discoveries while maintaining a
majority interest in its key holdings, thereby giving its shareholders
the maximum value for their investment.
On behalf of INTERNATIONAL TOWER HILL MINES LTD.
Jeffrey A. Pontius, President and Chief Executive Officer
NR09-17
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press release, which
has been prepared by management.
Contacts:
International Tower Hill Mines Ltd.
Quentin Mai
Vice-President - Corporate Communications
1-888-770-7488 (toll free) or (604) 683-6332
(604) 408-7499 (FAX)
qmai@internationaltowerhill.com
www.internationaltowerhill.com
Renmark Financial Communications Inc.
Barry Mire
(514) 939-3989 or (416) 644-2020
bmire@renmarkfinancial.com
Renmark Financial Communications Inc.
Maurice Dagenais
(514) 939-3989 or (416) 644-2020
mdagenais@renmarkfinancial.com
www.renmarkfinancial.com
Copyright 2009, Market Wire, All rights reserved.
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