International Bethlehem Mining Corp.
IHLHF
Other OTC0.03
USD
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International Bethlehem Mining Corp.
IHLHF
(Other OTC)
Recent
price
0.03
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- International Bethlehem Mining Corp. (Ticker: IHLHF) engages in the exploration and development of mineral properties primarily in Canada. The company holds 100% interests in multiple properties located in British Columbia, including the Copper Queen Property, Cottonbelt Property, Goldstream Property and Plant, Industrial Land/Rail Siding, LH Property, Rain Property, Rift Property, and Willa Property, all situated in the Revelstoke and Silverton areas; it targets gold and other base metals through exploration activities such as mapping, prospecting, geophysical surveys, and diamond drilling. Founded in 1995 and headquartered in Vancouver, British Columbia, the company operates as an exploration-stage junior mining entity listed on the TSX Venture Exchange under the symbol IBC.H, with trading currently suspended. In April 2024, International Bethlehem Mining Corp. entered into an agreement to acquire a 90% interest in the Clifford Gold Project, a 1,038-hectare property 20 kilometers northeast of the Kirkland Lake gold camp in Ontario, by issuing 20 million post-consolidation common shares to an arm's-length vendor; the transaction, pending TSX Venture Exchange approval and technical report completion, includes plans for a share consolidation, a $2.5 million private placement for project development and debt reduction, and subjects the retained 10% vendor interest to a 2% net smelter returns royalty, half of which is buyable for $2 million. The company maintains a wholly-owned subsidiary, Bethlehem Resources (1996) Corporation, and focuses on advancing early-stage mineral assets amid ongoing regulatory and financing efforts.