Close X Cookies are necessary for the proper functioning of By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
Gold & Silver Prices in
In the same category
Pretivm Announces Bought Private Placement of Flow-Through Shares
Published : January 24, 2013
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
Keywords :   Canada | Gold | Market |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2013) -


Pretium Resources Inc. (News - Market indicators)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to announce that it has entered into a bought deal agreement with a syndicate of underwriters led by CIBC (the "Underwriters"), to issue by way of private placement 361,300 ITC flow-through common shares ("ITC Flow-Through Shares") of Pretivm at a price of $13.84 per share and 1,206,800 CEE flow-through common shares ("CEE Flow-Through Shares") of Pretivm at a price of $12.43 per share for aggregate gross proceeds of $20 million (the "Offering").  The Offering is scheduled to close on or about February 15, 2013, subject to regulatory approvals.

The gross proceeds of the Offering will be used to advance exploration activities at the Brucejack Project in support of the 10,000-tonne bulk sample from the Valley of the Kings scheduled to begin in the second quarter. 

The Underwriters have been granted an option to purchase, or arrange for substituted purchasers for, up to an additional 402,100 CEE Flow-Through Shares at the issue price at any point up until 48 hours prior to closing of the Offering.

The CEE Flow-Through Shares and ITC Flow-Through Shares (together, the "Flow-Through Shares") will be offered to accredited investors in all Provinces of Canada pursuant to applicable securities laws. 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 and mineralization remains open in all directions. A feasibility study for a high-grade underground mine in Brucejack's Valley of the Kings is underway and expected in the second quarter.

(SEDAR filings: Pretium Resources Inc.)  

Forward Looking Statement

This News Release contains "forward-looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. Forward-looking information may include, but is not limited to, risks related to satisfying conditions of the Offering, our planned exploration and development activities, the adequacy of Pretivm's financial resources, the estimation of mineral resources, realization of mineral resource estimates, timing of development of Pretivm's Brucejack Project, costs and timing of future exploration, results of future exploration and drilling, production and processing estimates, capital and operating cost estimates, timelines and similar statements relating to the economic viability of the Brucejack Project, timing and receipt of approvals, consents and permits under applicable legislation, Pretivm's executive compensation approach and practice, and adequacy of financial resources. Wherever possible, words such as "plans", "expects", "projects", "assumes", "budget", "strategy", "scheduled", "estimates", "forecasts", "anticipates", "believes", "intends" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Statements concerning mineral resource estimates may also be deemed to constitute forward-looking information to the extent that they involve estimates of the mineralization that will be encountered if the property is developed. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information, including, without limitation, those risks identified in Pretivm's prospectus supplement to the short form base shelf prospectus dated March 19, 2012 filed on SEDAR at and in the United States through EDGAR at the SEC's website at Forward-looking information is based on the expectations and opinions of Pretivm's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information.

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

Pretium Resources Inc.
Robert Quartermain
President and Chief Executive Officer
Pretium Resources Inc.
Michelle Romero
Corporate Relations Director
Companies Mentionned : Mineral Resources | Pretium Resources | Reliance |
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Pretium resources Inc.

Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

Pretium Resources is a gold and copper development stage company based in Canada.

Its main exploration properties are SNOWFIELD (SULPHURETS) and BRUCEJACK in Canada.

Pretium Resources is listed in Canada. Its market capitalisation is CA$ 2.1 billions as of today (US$ 1.6 billions, € 1.4 billions).

Its stock quote reached its lowest recent point on April 29, 2016 at CA$ 10.00, and its highest recent level on July 22, 2016 at CA$ 14.35.

Pretium Resources has 144 590 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
Corporate Presentations of Pretium resources Inc.
12/10/2010Corporate presentation
Financings of Pretium resources Inc.
1/21/2015Pretivm Closes Non-Brokered Private Placement
1/16/2015Pretivm Closes Financing with Zijin Mining Group
4/26/2013Pretium - Pretivm Closes Financing
2/15/2013Pretivm Closes Bought Private Placement of Flow-Through Shar...
3/20/2012Pretivm Reminds Warrant Holders of April 9, 2012 Warrant Exp...
2/17/2012Pretivm Closes Bought Private Placement of Flow-Through Shar...
1/24/2012Pretivm Announces Exercise of Underwriters' Option on Previo...
1/19/2012Pretivm Announces Bought Private Placement of Flow-Through S...
4/8/2011Pretivm Announces Closing of Secondary Offering
3/31/2011Pretivm Announces Pricing of Secondary Offering
3/23/2011Pretivm Announces Secondary Offering
2/7/2011Pretivm Establishes Head Office and Converts Note
Nominations of Pretium resources Inc.
5/15/2013Pretium - Pretivm Announces Changes to the Board of Director...
2/16/2011Pretivm Appoints Director
1/28/2011Pretivm Expands Management Team
Financials of Pretium resources Inc.
5/7/2015Pretivm Reports First Quarter Results
3/3/2015Pretivm Reports Fourth Quarter and Year End 2014 Results
5/10/2013Pretium - Pretivm Reports First Quarter 2013 Results
3/6/2013Pretium - Pretivm Reports Fourth Quarter and Year End 2012 R...
3/5/2013Pretivm Reports Fourth Quarter and Year End 2012 Results
11/9/2012Pretium - Pretivm Reports Third Quarter 2012 Results
11/9/2012Pretivm Reports Third Quarter 2012 Results
5/11/2012Pretium - Pretivm Reports First Quarter 2012 Results
3/7/2012Pretivm Reports Fourth Quarter and Year-End 2011 Results
11/11/2011Pretium - Pretivm Reports Third Quarter 2011 Results
8/12/2011Pretium - Pretivm Reports Second Quarter 2011 Results
Project news of Pretium resources Inc.
4/26/2016(Brucejack)Pretivm - Pretium Resources Inc.: Valley of the Kings Infill...
12/19/2013Pretivm2013 - Pretium Resources Inc.: Mineral Resource Estim...
12/13/2013Pretivm2013 - Pretium Resources Inc.: Bulk Sample Processing...
11/22/2013Pretivm2013 - Pretium Resources Inc.: Bulk Sample Surpasses ...
10/22/2013Pretivm2013 - Pretium Resources Inc.: First Bulk Sample Cros...
10/3/2013Pretivm2013 - Pretium Resources Inc.: Processing Underway fo...
7/23/2013Pretivm2013 - Pretium Resources Inc.: Discovery of the Cleop...
6/19/2013Pretivm2013 - Pretium Resources Inc.: Valley of the Kings Bu...
5/28/2013Pretium Resources Inc.: Initial Valley of the Kings Undergro...
5/8/2013Pretium Resources Inc.: Underground Ramp Reaches Valley of t...
11/20/2012Pretium - Pretivm Resources Inc.: Indicated Gold Resources I...
10/3/2012Pretium Resources Inc.: High-Grade Gold Intercepts Continue ...
9/7/2012Pretium Resources Inc.: 4,195 Grams Per Tonne Gold Over 1.16...
8/28/2012Pretium Resources Inc.: More High-Grade Gold Intersected; Va...
11/28/2011(Brucejack)Pretium Resources Inc.: Significant Increase in Brucejack's ...
11/10/2011Pretium Resources Inc.: More High-Grade Gold Intersected in ...
8/22/2011(Brucejack)Brucejack Project Drilling Update
8/11/2011(Brucejack)Pretium Resources Inc.: Brucejack Drilling Continues to Inte...
5/9/2011(Snowfield (sulphurets))and Pretium Sign Agreements on Cooperation
5/9/2011(Brucejack)Pretivm Inks Agreements on Cooperation with Seabridge
2/23/2011Pretium Resources Inc.: Snowfield Resources Increase
2/23/2011(Snowfield (sulphurets))Snowfield Resources Increase
2/22/2011(Brucejack)Brucejack Bulk-Tonnage Resource Increases By 134%; Brucejack...
Corporate news of Pretium resources Inc.
4/18/2016(Brucejack)Brucejack Project Construction Update
1/12/2016Pretium Resources Inc.: Valley of the Kings Infill Drilling ...
12/15/2015Pretium Resources Inc.: Brucejack 2015 Regional Drill Progra...
12/2/2015Veteran Investors Bob Moriarty and Adrian Day Interviewed by...
11/23/2015What Does the Smart Money Think of Pretium Resources Inc (PV...
11/6/2015Pretivm Reports Third Quarter Results
10/8/2015Pretium Resources Inc.: Brucejack Regional Drilling Intersec...
10/1/2015Pretivm Appoints Director
9/30/2015Pretium Resources Inc.: Valley of the Kings Underground Infi...
9/21/2015Pretium Resources Inc.: Brucejack Regional Grass-Roots Explo...
9/21/2015Pretium Resources Inc.: US$540 Million Construction Financin...
9/16/2015Pretium Resources secures $540 mln financing for Brucejack p...
9/16/2015Pretium Resources Inc.: US$540 Million Construction Financin...
9/4/2015ETF’s with exposure to Pretium Resources, Inc. : September 4...
9/4/2015Pretium Resources, Inc. breached its 50 day moving average i...
9/1/2015Pretium Resources Inc.: Brucejack Receives Environmental Man...
8/19/2015Pretium Resources Inc.: Valley of the Kings Underground Infi...
8/14/2015Annual General Meeting Voting Results
8/7/2015Pretium Resources reports 2Q loss
8/7/2015Pretivm Reports Second Quarter Results
7/31/2015Pretium Resources Inc.: Brucejack Project Receives Positive ...
7/15/2015Pretium Resources Inc.: Valley of the Kings Underground Infi...
6/9/2015Pretium Resources Inc.: Brucejack Project Update
6/4/2015Pretivm to Complete C$6 Million Flow-Through Share Private P...
6/4/2015Pretium Resources Inc.: Valley of the Kings Underground Infi...
5/20/2015Pretivm to Complete C$6 Million Flow-Through Share Private P...
5/7/2015Pretivm Announces Senior Management Changes
4/2/2015Pretivm and Nisga'a Nation Sign Brucejack Project Cooperatio...
3/27/2015Pretium Resources Inc.: Brucejack Project Receives British C...
3/4/2015Pretivm Reports Fourth Quarter and Year End 2014 Results
1/15/2015Pretivm Appoints New CFO
12/12/2014IIROC Trade Resumption - TNT.UN; PVG
12/11/2014Pretivm Announces Non-Brokered Private Placement
12/11/2014IIROC Trading Halt - PVG
12/8/2014Zijin Mining Group C$81 Million Strategic Investment in Pret...
11/20/2014Pretivm Awards EPCM Contract to AMEC
11/7/2014Pretium Resources posts 3Q loss
11/7/2014Pretivm Reports Third Quarter 2014 Results
10/22/2014Valley of the Kings Surface Drilling Concludes with More Hig...
8/20/2014Pretium Resources Inc.: Deep Infill Drilling Continues to Co...
8/15/2014Pretivm Closes Over-Allotment Option and Non-Brokered Privat...
8/14/2014Pretivm Submits Final Application for Environmental Assessme...
8/13/2014Pretivm Announces Exercise of the Over-Allotment Option
8/8/2014Pretivm Reports Second Quarter 2014 Results
8/8/2014Dam Burst Threatens Canada Projects Seeking Approval
1/29/2014(Brucejack)Pretivm2013 - Pretium Resources Inc.: Brucejack Project Tech...
10/30/2013Pretivm2013 - Pretium Resources Inc.: More High-Grade Gold E...
10/9/2013Bulk Sample Update
9/23/2013Pretivm2013 - Pretium Resources Inc.: Bulk Sample and Explor...
6/26/2013(Brucejack)Pretivm Files 43-101 Feasibility Study and Technical Report ...
6/26/2013(Brucejack)Pretivm Files 43-101 Feasibility Study and Technical Report ...
6/11/2013(Brucejack)Pretivm2013 - Pretium Resources Inc.: Positive Feasibility S...
4/23/2013Pretivm Announces Strategic Investment by Liberty Metals & M...
1/9/2013(Brucejack)Pretium Resources Inc.: Brucejack Project Update; Valley of ...
12/11/2012Pretivm to Receive PDAC Discovery Award for Valley of the Ki...
11/23/2012(Brucejack)Pretium Resources Inc.: Pretivm Files 43-101 Technical Repor...
11/20/2012Pretivm Resources Inc.: Indicated Gold Resources Increase by...
10/25/2012(Brucejack)Pretium Resources Inc.: Operating Rate of 2,700 Tonnes Per D...
10/18/2012Pretium Resources Inc.: Valley of the Kings 2012 Exploration...
9/18/2012Pretium - Pretivm Files 43-101 Technical Report for Brucejac...
9/18/2012Pretium Resources Inc.: Valley of the Kings Drilling Encount...
9/17/2012(Brucejack)Brucejack Project Technical Session Conference Call and Webc...
9/7/2012(Brucejack)Pretium Resources Inc.: Updated, Interim High-Grade Mineral ...
6/26/2012Pretium Resources Inc.: Continued High-Grade Results from Va...
6/6/2012Pretium Resources Inc.: Continued High-Grade Results From Va...
5/15/2012Pretium Resources Inc.: Valley of the Kings Drilling Continu...
5/9/2012Pretium - Pretivm Announces Closing of Offering
5/9/2012Pretivm Announces Closing of Offering
5/3/2012Pretium - Pretivm Prices Offering of Common Shares
5/1/2012Pretium - Pretivm Files 43-101 Technical Report for Brucejac...
4/30/2012Pretium Resources Inc.: Valley of the Kings Intersects 9,110...
4/3/2012(Brucejack)Pretium Resources Inc.: High-Grade Gold Mineral Resource Est...
4/3/2012Pretium - Pretivm Adopts Shareholder Rights Plan
3/19/2012Pretium - Pretivm Files Final Base Shelf Prospectus for Futu...
2/28/2012Pretium - Pretivm Files Preliminary Base Shelf Prospectus fo...
2/23/2012(Brucejack)Pretium Resources Inc.: Brucejack Project Update
2/22/2012(Brucejack)Pretium Resources Inc.: Updated PEA for Brucejack High-Grade...
1/13/2012Pretium - Pretivm Files 43-101 Technical Report On Its Bruce...
1/9/2012to List on NYSE Under Symbol "PVG"
10/27/2011(Brucejack)Pretium Resources Inc.: Brucejack's Valley of the Kings Dril...
10/17/2011(Brucejack)Pretium Resources Inc.: Brucejack Project Update
9/29/2011Valley of the Kings Drill Results Confirm High-Grade Gold Co...
9/12/2011Pretium Resources Inc.: Valley of the Kings Drilling Continu...
4/14/2011Pretivm Makes Senior Management Appointment to Advance Proje...
3/24/2011Announces Secondary Offering of Common Shares of Pretivm Res...
2/15/2011Pretivm Reports on Market Activity
12/13/2010Pretium Resources Pretium Announces Filing of Final Prospect...
10/29/2010Pretium Resources Inc. Announces Initial Public Offering
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 14.35
07/22 15:59 0.150
Prev close Open
14.20 14.01
Low High
13.98 14.53
Year l/h YTD var.
5.84 -  15.82 106.18%
52 week l/h 52 week var.
5.84 -  15.82 146.99%
Volume 1 month var.
408,332 17.91%
24hGold TrendPower© : -1
Explores for Copper - Gold - Molybdenum - Rhenium - Silver
Interactive chart Add to compare
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Holding(s) in Company
GBX 1831.00+0.77%Trend Power :
Closes Second and Third Tranche of Financing for Additional Gross Proceeds of $490,375
CA$ 0.18+0.00%Trend Power :
Firestone D(Gems)FDI.L
Issue of shares
GBX 39.88+4.95%Trend Power :
Production Report in 2Q16
BRL 17.20-1.15%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2016Second Quarter Financial Results =0D
CA$ 8.66-0.35%Trend Power :
Announces a Non-Brokered Private Placement
CA$ 0.07-17.65%Trend Power :
Cooper EnergyCOE.AX
Noosa mining conference presentation
AU$ 0.24+0.00%Trend Power :
launches Vale Investors Media App
BRL 17.20-1.15%Trend Power :
Diamond Corporation Announces Election of Directors
AU$ 2.95+0.00%Trend Power :
Gold Reach Res. Ltd(Cu-Mo-Au)GRV.V
Announces Completion Of $700,000 Non Brokered Private Placement
CA$ 0.16+6.67%Trend Power :
Announces Completion Of Financing
CA$ 0.13+4.00%Trend Power :
16-18 - Cascabel Hole 17 upgraded assay results
CA$ 0.06+9.09%Trend Power :
Condor Res.(Ag-Au-Cu)CN.V
Acquires New Projects and Expands the Pucamayo Project
CA$ 0.10+0.00%Trend Power :
Norwest EnergyNWE.AX
Section 708A Cleansing Notice, Appendix 3B Strategic Alliance and Share Plac
AU$ 0.00+0.00%Trend Power :
Production Report for the 3 months ended 30 Jun 16
GBX 1831.00+0.77%Trend Power :
Firestone D(Gems)FDI.L
Liqhobong Diamond Mine Construction Update
GBX 39.88+4.95%Trend Power :
Announces 2016 Half Year Reporting Date and Webcast
€UR 0.49+0.00%Trend Power :
Metals X(Au-Cu-Ni)MLX.AX
Aurelia Metals Limited Strong JunQ set to increase production in FY17 - Speculative Buy
AU$ 1.54+1.99%Trend Power :
West African ResourcesWAF.AX
Clarus Securities initiates coverage on West African Resources
AU$ 0.23+4.55%Trend Power :
Retirement of CFO
AU$ 4.84-1.12%Trend Power :