On March 1, 2016, Pretium Resources Inc. completed a marketed offering of 28,384,000 common shares at US$4.58 per share, for gross proceeds of US$129,998,720, which included the exercise of the full amount of the over-allotment option of 2,174,000 common shares.
The common shares were offered in each of the provinces and territories of Canada, other than Québec, by way of a prospectus supplement dated February 23, 2016, to the Company’s short form base shelf prospectus dated July 16, 2014, and in the United States pursuant to a registration statement on Form F-10 in accordance with the Multijurisdictional Disclosure System established between Canada and the United States.
The offering was conducted by a syndicate of underwriters led by CIBC Capital Markets, RBC Capital Markets and Scotiabank, and including BMO Nesbitt Burns Inc., Citigroup Global Markets Canada Inc., Cormark Securities Inc., GMP Securities L.P., Numis Securities Limited, Roth Capital Partners, LLC, Canaccord Genuity Corp., Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC and Pareto Securities Ltd.
Blake, Cassels & Graydon LLP acted as Canadian counsel to Pretium Resources Inc. with a team that included Bob Wooder, Kathleen Keilty and Evan Straight (securities) and Kevin Zimka (tax).
Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as US counsel to Pretium Resources Inc. with a team that included Edwin Maynard, Christian Kurtz and Ronnie Ollo (securities).
Stikeman Elliott LLP acted as Canadian counsel to the underwriters with a team that included Tim McCormick, Colin Burn and Jared Bachynski (securities).
Skadden, Arps, Slate, Meagher & Flom LLP acted as US counsel to the underwriters with a team that included Riccardo Leofanti, Ryan Hickey and Colin Brown (securities).