Mr. Robert Quartermain of Pretium reports
PRETIVM ANNOUNCES PRICING OF SECONDARY OFFERING
In connection with the previously announced secondary offering by Pretium Resources Inc.'s principal shareholder, Silver Standard Resources Inc., Pretium Resources has entered into an underwriting agreement with a syndicate of underwriters led by CIBC, Citigroup Global Markets Canada Inc. and UBS Securities Canada Inc. and including BMO, Dahlman Rose & Company LLC, GMP Securities LP, Credit Suisse Securities (Canada) Inc. and Salman Partners Inc., pursuant to which the underwriters have agreed to purchase a total of 10 million units at a price of $10 per unit. Each unit consists of one common share of Pretium owned by Silver Standard and one-half of one common share purchase warrant of Pretium, with each whole warrant exercisable to purchase one common share of Pretium owned by Silver Standard at a price of $12.50 per share for a period of 12 months following closing of the secondary offering.