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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 5, 2013) -




NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES



Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to announce that it has closed its private placement of 1,500,000 flow-through common shares ("Flow-Through Shares") of Pretivm at a price of $10.10 per share for aggregate gross proceeds of approximately $15.0 million (the "Offering"). The Offering includes the exercise of the underwriters' option for the purchase of an additional 225,000 Flow-Through Shares pursuant to the previously announced bought deal private placement. The syndicate of underwriters was led by Cormark Securities Inc. and included Salman Partners Inc., CIBC World Markets Inc. and GMP Securities L.P.


The gross proceeds of the Offering will be used to advance exploration activities related to the newly-discovered Cleopatra Vein and other high-grade structures encountered in the Brucejack Project's Valley of the Kings. The gross proceeds of the Offering will be used to incur eligible Canadian Exploration Expenses, which will be renounced to the subscribers effective on or before December 31, 2013.


Subscribers under the Offering will not be permitted to trade the Flow-Through Shares for a period of four months plus one day from the closing of the offering. The Flow-Through Shares offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act.



About Pretivm



Pretivm is creating value through gold at its high-grade gold Brucejack Project, located in northern British Columbia. Brucejack hosts a major undeveloped high-grade gold resource, with Probable Mineral Reserves in the Valley of the Kings totalling 6.6 million ounces of gold (15.1 million tonnes grading 13.6 grams of gold per tonne). Brucejack is being advanced as a high-grade underground mine with an average of 425,700 ounces of gold produced annually for the first 10 years and an average of 321,500 ounces of gold produced annually over the Project's 22-year mine life. Commercial production is targeted to commence in 2016.






The TSX has neither approved nor disapproved of the information contained herein.




FOR FURTHER INFORMATION PLEASE CONTACT:







Contact Information:
Pretium Resources Inc.
Robert Quartermain
President and Chief Executive Officer
(604) 558-1784


Pretium Resources Inc.
Michelle Romero
Vice President, Corporate Relations
(604) 558-1784


Pretium Resources Inc.
570 Granville Street, Suite 1600
Vancouver, BC V6C 3P1
invest@pretivm.com
http://www.pretivm.com/">www.pretivm.com