Pretivm Resources Inc. (PVG)

[silver100]

Mr. Robert Quartermain reports

PRETIVM ANNOUNCES CLOSING OF SECONDARY OFFERING

The previously announced secondary offering by Pretium Resources Inc.'s principal shareholder, Silver Standard Resources Inc., has completed and included the exercise in full of the overallotment option granted to the syndicate of underwriters. The secondary offering consisted of an aggregate of 11.5 million units at a price of $10 per unit for gross proceeds to Silver Standard of $115-million. 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.