Item 1. | |
(a) | Name of issuer:
INTERNATIONAL TOWER HILL MINES LTD |
(b) | Address of issuer's principal executive
offices:
1570-200 Burrard Street, Vancouver, British Columbia, V6C 3L6, Canada |
Item 2. | |
(a) | Name of person filing:
Sprott Inc.
Sprott Asset Management USA Inc. |
(b) | Address or principal business office or, if
none, residence:
Sprott Inc.
Royal Bank Plaza, South Tower
200 Bay Street, Suite 2600
Toronto, ON M5J 2J1
Canada
Sprott Asset Management USA Inc.
320 Post Road, Suite 200
Darien, CT 06820
United States of America |
(c) | Citizenship:
Sprott Inc. - Ontario, Canada
Sprott Asset Management USA Inc. - California, United States |
(d) | Title of class of securities:
Common Shares, no par value |
(e) | CUSIP No.:
46050R102 |
Item 3. | If this statement is filed pursuant to §§
240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
(f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
(g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); |
(i) | A
church plan that is excluded from the definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| |
Item 4. | Ownership |
(a) | Amount beneficially owned:
Sprott Inc. - 22,919,535
Sprott Asset Management USA Inc. - 22,919,535 |
(b) | Percent of class:
Sprott Inc. - 11.5%
Sprott Asset Management USA Inc. - 11.5% % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
Sprott Inc. - 0
Sprott Asset Management USA Inc. - 0
|
| (ii) Shared power to vote or to direct the
vote:
Sprott Inc. - 22,919,535
Sprott Asset Management USA Inc. - 22,919,535
|
| (iii) Sole power to dispose or to direct the
disposition of:
Sprott Inc. - 0
Sprott Asset Management USA Inc. - 0
|
| (iv) Shared power to dispose or to direct the
disposition of:
Sprott Inc. - 22,919,535
Sprott Asset Management USA Inc. - 22,919,535
|
Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Item 6. | Ownership of more than 5 Percent on Behalf of
Another Person. |
|
If any other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to
that effect should be included in response to this item and, if such interest relates to more
than 5 percent of the class, such person should be identified. A listing of the shareholders of
an investment company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G Amendment No. 6 are held in accounts managed by Sprott Asset Management USA Inc., a subsidiary of Sprott Inc., none of which individually owns more than five percent of the Common Shares, no par value. |
Item 7. | Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or
Control Person. |
|
If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the
Item 3 classification of the relevant subsidiary. If a parent holding company has filed this
schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the
identification of the relevant subsidiary.
Please see Exhibit B attached hereto. |
Item 8. | Identification and Classification of Members
of the Group. |
|
Not Applicable
|
Item 9. | Notice of Dissolution of Group. |
|
Not Applicable
|