18:32:19 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Pretium Resources Inc
Symbol PVG
Shares Issued 94,827,636
Close 2013-02-14 C$ 9.68
Market Cap C$ 917,931,516
Recent Sedar Documents

Pretium completes $21-million private placement

2013-02-15 10:29 ET - News Release

Mr. Robert Quartermain reports

PRETIVM CLOSES BOUGHT PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Pretium Resources Inc. has closed its private placement of 361,300 ITC flow-through common shares of Pretivm at a price of $13.84 per share and 1,287,250 CEE (Canadian exploration expense) flow-through common shares of Pretivm at a price of $12.43 per share for aggregate gross proceeds of $21-million. The offering includes the exercise, in part, of the underwriters' option for the purchase of an additional 80,450 CEE flow-through shares pursuant to the previously announced bought-deal private placement. The syndicate of underwriters was led by Canadian Imperial Bank of Commerce (CIBC), and included Cormark Securities Inc., RBC Capital Markets, Scotia Capital Inc., BMO Capital Markets, Dahlman Rose & Co., GMP Securities L.P., Salman Partners Inc. and UBS Securities Canada Inc.

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, which is scheduled to begin in the second quarter.

Subscribers under the offering are not permitted to trade the flow-through shares for a period of four months plus one day from the closing of the offering.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.