On April 24, 2013, Jeffery A. Pontius, a member of the Board of Directors of International Tower Hill Mines Ltd., informed the company that he will not stand for re-election as a director of the company at the company's next Annual General Meeting of Shareholders due to his activities and business commitments as CEO of another junior mining company. Mr. Pontius will remain a director until the company's 2013 Annual General Meeting of Shareholders, which is currently scheduled to be held on June 6, 2013 and continue his present consultancy to the company. This was a planned departure as part of the transition from the time that Mr. Pontius ceased being the company's CEO.