Mr. Robert Quartermain reports

PRETIVM CLOSES PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Pretium Resources Inc. has closed its private placement of 568,182 ITC flow-through common shares of Pretium at a price of $8.80 per share and 1,953,467 CEE flow-through common shares of Pretium at a price of $8.05 per share for aggregate gross proceeds of approximately $20,725,000. An aggregate of 90,112 of the total CEE flow-through shares issued today were issued as a result of the agents exercising, in part, their overallotment option under the offering.

The agents have also exercised, in part, their option for the purchase of an additional 34,112 CEE flow-through shares for aggregate gross proceeds of approximately $275,000, which is expected to close on or about March 7, 2014, and for 496,895 CEE flow-through shares for aggregate gross proceeds of approximately $4-million, which is expected to close on or about March 20, 2014. The agents retain the discretion to exercise up to an additional 124,223 CEE flow-through shares at any time prior to March 21, 2014.

BMO Capital Markets was the lead agent and sole bookrunner for the offering, which included a syndicate of agents.

The proceeds of the offering will be used to advance exploration activities in the Brucejack project's Valley of the Kings related to mine plan optimization and new exploration targets. The gross proceeds of the offering will be used during the 2014 exploration program to incur eligible Canadian exploration expenses. The ITC flow-through shares that will qualify as flow-through mining expenditures, as defined in subsection 127(9) of the Income Tax Act (Canada), and British Columbia flow-through mining expenditures, as defined in the Income Tax Act (B.C.), will be renounced to the subscribers with an effective date no later than Dec. 31, 2014.

The flow-through shares are subject to resale restrictions for a period of four months plus one day from their issuance.

We seek Safe Harbor.