Canadian gold miner Pretium Resources said on Monday it has negotiated a non-brokered private placement consisting of 329 000 flow-through common shares at C$15.20 each, for gross proceeds of about C$5-million.
The company, which last week announced that first gold has been poured at its flagship Brucejack mine, in British Columbia, will use proceeds from the offering to undertake grassroots exploration about 20 km east of the Brucejack mine.