the deal is complete. pretium needed to raise $235 million, and actually raised $265 million.

On December 21, 2010, in partial consideration for the sale (the "Snowfield Brucejack Sale") of the Combined Project Assets to Pretium, Silver Standard acquired ownership of an aggregate of 32,537,833 common shares in the capital of Pretium (the "Pretium Shares"), representing 41.3% of the issued and outstanding Pretium Shares on an undiluted basis.

Silver Standard also received a convertible promissory note in the principal amount of C$39.753 million. The outstanding amount of the convertible promissory note will be automatically converted into Pretium Shares at $6.00 per Pretium Share 40 days after the closing of the Snowfield Brucejack Sale to the extent not previously repaid by Pretium. If the promissory note is repaid in full, Silver Standard will hold a 38.1% equity interest in Pretium. If the promissory note is fully converted, Silver Standard will hold a 45.8% equity interest in Pretium.

http://finance.yahoo.com/news/Silver-Standard-Files-NI-iw-636533742.html?x=0&.v=1