Financial Statements

Effective January 1, 2013, International Tower Hill Mines Ltd. ("ITH" or the "Company") ceased to be a "foreign private issuer" as defined in Rule 3b-4 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and became subject to the rules and regulations under the Exchange Act applicable to U.S. domestic issuers. As a result, the Company is filing an Annual Report on Form 10-K beginning with the fiscal year ended December 31, 2012. Prior to December 31, 2012, the Company's annual reports were filed on Form 40-F.

As of January 2012, the Company's Fiscal Year End was changed to December 31st. Going forward, the Company's fiscal quarters will end on the last day of March, June, September and December each year. Prior to January 2012, the Company's Fiscal Year End was May 31st.

International Tower Hill Mines Inc. provides all shareholders with the ability, upon request, to receive a hard copy of the Company's complete audited financial statements free of charge. To receive a hard copy of our latest financial statements, please e-mail your request to [email protected].