Pretium Resources Closes Offering of Common Shares

Pretium Resources Inc. (“Pretium”) closed its offering of an aggregate of 5,554,500 common shares at an offering price of $14.50 for gross proceeds of $80,540,250, including exercise in full of the over-allotment option. The offering was made pursuant to a prospectus supplement dated May 3, 2012, to the company's short form base shelf prospectus dated March 19, 2012, and was underwritten by a syndicate of underwriters led by Scotia Capital Inc. Proceeds of the offering will be used towards ongoing exploration at Pretium's Brucejack Project in northwestern British Columbia.

Pretium was represented by a team from Fasken Martineau DuMoulin LLP that included Georald Ingborg, Amanda Robinson and Barinder Sidhu (securities); as well as Ron Nobrega (tax) and Johanna Fipke (mining). Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as US counsel to Pretium, with a team that included Edwin Maynard, Robert Goldstein and Tim Phillips.

The Underwriters were represented by Blake, Cassels & Graydon LLP, with a team that included Bob Wooder, Kathleen Keilty, Jon Hoyles and Amanda Willett (securities) and Kevin Zimka (tax). United States counsel to the Underwriters was Skadden, Arps, Slate, Meagher & Flom LLP with a team that included Riccardo Leofanti and Eric Sensenbrenner, Elizabeth Mallone, Michael Acedo, Vittoria Varalli and Daniel McCall.


Bob J. Wooder Amanda Willett Eric Sensenbrenner Kathleen P. Keilty Michael Acedo Riccardo Leofanti Georald Ingborg Edwin S. Maynard Kevin Zimka Amanda Robinson Ronald E. Nobrega Robert Goldstein Johanna Fipke


Fasken Martineau DuMoulin LLP Paul, Weiss, Rifkind, Wharton & Garrison LLP Blake, Cassels & Graydon LLP Skadden, Arps, Slate, Meagher & Flom LLP