Mr. Robert Quartermain reports

PRETIUM CLOSES AGENTS' OPTION IN PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Pretium Resources Inc. has closed the final tranche of the agents' option in respect of its previously announced flow-through private placement. The company issued an aggregate of 869,566 CEE (Canadian exploration expenses) flow-through common shares of Pretium at a price of $8.05 per share for aggregate gross proceeds of approximately $7.0-million. An aggregate of 248,448 of the total CEE flow-through shares issued today were issued as a result of the agents exercising their additional overallotment option granted by the company as announced on March 7, 2014.

A total of 3,425,327 flow-through shares have been issued under the offering since March 6, 2014, for total gross proceeds to Pretium of approximately $28.0-million.

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 and, for the 568,182 ITC flow-through common shares issued on March 6, 2014, as previously announced, that will qualify as flow-through mining expenditures, as defined in Subsection 127(9) of the Income Tax Act (Canada), and B.C. flow-through mining expenditures, as defined in the Income Tax Act (British Columbia), which 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.