Pretivm Completes US$100,000,000 Convertible Senior Subordinated Notes Offering Including Full Exercise of Over-Allotment Option

February 14, 2017

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 14, 2017) – Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) (“Pretivm” or the “Company”) announced today the closing of its previously announced offering of US$100 million aggregate principal amount of 2.25% unsecured convertible senior subordinated notes due 2022 (the “Notes”), which includes the exercise of the full amount of the over-allotment option of US$10 million aggregate principal amount of Notes. The initial conversion rate for the Notes is 62.5000 common shares per US$1,000 principal amount of Notes, equivalent to an initial conversion price of US$16.00 per common share. The Company intends to use the net proceeds of the offering for working capital during start-up of the Brucejack mine and for general corporate purposes.

Category: General